A Strategy for Strengthening Public Perception Toward Sharia BankingFiqh, Islam, Islamic banking

Shariah Committee of Takaful Operators in Malaysia: Independence in the State of MindHalal, Islamic banking, Shariah, Takaful

Islamic vs. conventional bond ratings: Determinants and forecastabilityMurabahah, Musharakah, Shariah, Sukuk, Wakalah, Credit Risk, Masih

Measurement and Determinants of Financial Performance of Insurance Sector of PakistanTakaful

Saudi Arabia’s capital city, Riyadh, has reached the 126th position (up 106 places) in the list of most attractive cities for fintech start-ups globally. According to the Global FinTech Rankings Report 2021 from Findexable and Mambu, Riyadh ranks third in the Middle East behind Tel Aviv in the top spot and Dubai following. Why it Matters? Riyadh’s ranking is key to attracting capital to the country and indicates how innovation has spread beyond the predominant tech hubs...

On the 30th of June 2021, Standard and Poor’s Global Ratings (S&P) stated that the recovery of Malaysian banks would take longer than its Asian peers, with normalisation likely extended due to new COVID-19 cases and fresh moratoriums. Why it Matters?  According to S&P, the Government of Malaysia’s most recent six-month blanket moratorium that was announced on the 28th of June 2021, will prevent the classification of new non-performing loans (NPLs) until early-2022, further&nbs...

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, extends EUR 20 million to Burkino Faso, through a Murabahah financing agreement with Coris Bank International (CBI), as part of its ongoing commitment to strengthen private sector development in the country, according to a statement issued on the 30th of June 2021.  Why it Matters?  The agreement is part of ITFC’s flagship West Africa SMEs Program, which aims to improve access to fi...

The Islamic Financial Services Board (IFSB) has announced the 19th dissemination of country-level Prudential and Structural Islamic Financial Indicators (PSIFIs) data, along with the 2nd dissemination of the detailed financial statements (DFS) on the Islamic banking sector for the fourth quarter of 2020 (Q4 2020) from IFSB member jurisdictions, according to a statement issued on the 30th of June 2021.  Why it Matters?  The PSIFIs project includes a set of DFS, which are intended to provide a more granular view at the structure of Islamic finance activitie...

UK-based Ethos Invest (Ethos) has announced plans to raise GBP 1 billion (USD 1.39 billion) in a Fintech-focused private equity fund targeting Shariah-compliant and ethical small and medium-sized (SME) firms in the UK and globally. Why it Matters? The Ethos Financial Services & Technologies Fund (the Fund), which the company claims is on track to be the world’s largest Shariah-compliant Fintech-focused private equity fund, aims to target Shariah-compliant and ethical SMEs in the financial services, te...