Islamic Finance

Has the Islamic finance industry prospered with integrity?

Islamic financing instruments are not accounted differently from interest-based debt financing in companies’ financial reports, argue 2 academics
By ...

Harnessing the business potential of halal food

Consumption of halal products should outpace gains for the overall global food industry over the next five to 10 years, as soaring demand moves beyond ...

IFSB, IADI eye Islamic deposit insurance systems

The joint effort aims to address a long standing problem confronting the Islamic finance sector
By HABHAJAN SINGH Two international bodies are ramping ...

National Bank of Bahrain seeks to boost stake in Bahrain Islamic

Dubai • National Bank of Bahrain BSC plans to increase its stake in Bahrain Islamic Bank BSC to 43.5% as the Gulf state’s second-biggest lender by market ...

Islamic social finance can play ‘key role’ in healthcare, sanitation

Good governance and policy needed to implement initiatives and practices professionally and ethically, a Jakarta symposium told
by HABHAJAN SINGH / ...

Fed raises rates, emerging markets roil — it’s déjà vu

For the second time this year, the US Federal Reserve (Fed) has raised interest rates. With the recent 25 basis-point hike, the Fed funds rate is now near ...

Ask what problems they solve, how they solve it better

By AZLEENA IDRIS / Pic By BLOOMBERG
In the first part, we had explained and distinguished distributed ledger technology (DLT), blockchain, digital ...

Africa needs conducive economic, regulatory environments

Islamic finance could contribute, at least modestly, in helping the continent achieve many challenges
By HABHAJAN SINGH / Pic By BLOOMBERG Investor ...

IKIM hosts talk on DLT, blockchain, digital currency and cryptocurrency

BY AZLEENA IDRIS / Pic By BLOOMBERG
In February, Institute of Islamic Understanding Malaysia (IKIM) held a roundtable on this topic. Officiated by ...

Crypto firm Stellar gets IF certification

By TMR
California-Based Stellar has received certification from Islamic scholars for its blockchain platform and related cryptocurrency, aiming to ...

Dubai’s biggest banks beat profit estimates

Dubai • Emirates NBD PJSC and Dubai Islamic Bank PJSC reported their second-quarter profit that beat analyst estimates as rising construction activity in ...

Go boldly on fintech, Islamic social finance

One of the unique features of IF is the close interaction between social and business matters
By DAUD VICARY ABDULLAH For those of you who know me ...