The One WASH Fund recently set up by the International Federation of Red Cross and Red Crescent Societies (IFRC) and … More
Category: World
Banque Zitouna braces for change as major shareholder shake-up imminent
Banque Zitouna will see up to 90.04% of its capital changing hands in the next few weeks as two of … More
Islamic finance rises as Mugabe falls
Challenged by a lack of liquidity, foreign currencies and foreign direct investments, Zimbabwe sees Islamic finance as part of the … More
IDB withdraws financial support from microfinance program in Benin over fraud
In a recent case of poor governance, the IDB has informed Benin in early January of its decision to withdraw … More
IDB’s Togo withdrawal: Political or technical?
In early January, the IDB has informed Togo of its decision to withdraw from several financial agreements signed in 2016, … More
Morocco’s Islamic finance development hinges on Takaful
Since the introduction of Islamic finance in Morocco in July last year, the absence of Takaful, which is expected to … More
PODCAST: UK-based NGO Islamic Relief Worldwide proposes issuing Sukuk for humanitarian action
To cater to the increasing need in humanitarian funding to aid victims of armed conflicts and weather-related disasters, UK-based NGO … More
International insurers slow in tapping the Iranian market despite the lifting of sanctions
As most sanctions targeting Iran have been lifted following the nuclear deal implemented since January 2016, many foreign insurance companies … More
Company Focus: Al Qurtas Islamic Bank
After the launch of its activities in June, Al Qurtas Islamic Bank, one of the five Islamic banks licensed by … More
PODCAST: Shariah compliant insurance for weather-related disasters to be tested in the Philippines
On the back of an increasing number of weather-related disasters, the sustainable insurance and Takaful facility that was presented during … More