ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved Al-Hilal Shariah Advisors (Pvt) Limited to independently conduct Shariah screening of securities. It is the first ...

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Saudi Arabia’s Dar Al Majed Real Estate Company has signed a 500 million riyal ($133.3 million) Shariah‑compliant facility with Arab National Bank (ANB) to support its expansion strategy and fund ...

Dubai – UAE: AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) has officially awarded a Shariah Compliance Certificate to AL BARAKAH Multi-purpose Co-operative Society Limited, Mauritius, ...

Standard Chartered has launched its first-ever UAE-domiciled Shariah-compliant investment products, marking a milestone in its global wealth management offering and underscoring the country’s growing ...

The Bangladesh Bank on Sunday made formation of Shariah Supervisory Committees (SSC) mandatory for all Islamic banks and also issued guidelines on members' qualifications and responsibilities.

In April 2022, the Federal Shariah Court issued a landmark ruling, nearly three decades in the making, mandating the conversion of Pakistan’s banking system to Islamic banking. This has caused much ...

Certification affirms O Gold’s Shariah-compliant, ethical fintech in precious metals Dubai: O Gold, the UAE’s first Emirati fractional gold and silver ownership app, has been awarded a Shariah ...

O Gold, the UAE’s first Emirati fractional gold and silver ownership app, has been awarded a Shariah Compliance Certification from the Center of Islamic Banking and Economics. This certification marks ...

The UAE’s local equity markets have delivered standout returns over the past year, cementing the country’s position as one of the world’s best-performing investment destinations. Dubai’s equity ...