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 ...

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

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 ...

In a strategic move aimed at diversifying the country’s funding sources, Egypt is preparing to issue up to $2 billion in sovereign sukuk bonds this year.

State-backed Turkey Wealth Fund (TWF) has secured $600 million through a sharia-compliant facility from a banking group led by Kuwait Finance House (KFH). The sovereign wealth fund utilises Islamic ...

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

HEALTH Minister Dr Jalila Al Sayyed has affirmed the importance of strengthening co-operation with the World Health Organisation (WHO) and other international partners supporting the development of ...

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

A Jordanian groom called off his engagement after his father-in-law asked him for a six-month salary statement and a police clearance certificate. "Am I applying for a loan?" the man reportedly said ...

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