In the first half of 2025, Tuum, a core banking platform, has unveiled a suite of updates that aim to improve how financial ...

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), dropped 8,975 points to 2.562 million on Sunday, which is ...

The Abu Dhabi Commercial Court (First Instance) has rejected a lawsuit filed by a bank against a client who had defaulted on ...

The Islamic Corporation for the Development of the Private Sector announced the successful closure of USD 145 million Shariah ...

Parkin Company PJSC (“Parkin” or the “Company”), the largest provider of paid public parking facilities and services in Dubai, today reports its operational and financial results for the second ...

The Türkiye Wealth Fund (TWF) has secured a five-year murabaha financing agreement worth $600 million (TL 24.40 billion) with ...

Iran’s National Petrochemical Company (NPC) is seeking to attract $100 billion in domestic and foreign investment to complete ...

As demand for Shariah-compliant investment grows, Islamic commercial papers could provide ethical returns and liquidity for faith-conscious investors ...

The new facility will enable Ajlan Group to further diversify the pool of banks and funding sources which will be used to ...

A woman was allegedly scammed after receiving a phone call from a foreign number, with the caller telling her that she won a ...

Qatar Financial Center has published a report on the future of digital assets, underscoring the need for coordinated ...

Basel I, II, and III—were envisioned as frameworks for strengthening global banking standards. In practice, however, they have entrenched systemic asymmetries. Designed and dominated by developed ...