Five months after his appointment as CEO of the Islamic Corporation for the Development of the Private Sector (ICD), Ayman…
IDB launches new business model to further address UN SDGs
Amid a growing worry that the UN Sustainable Development Goals (SDGs) will not be achieved by 2030, the IDB has…
Islamist attacks hit US Islamic stocks, a study reveals
Shedding light on the downturns experienced by US Islamic indices following Islamist terrorist attacks in the US, a peer-reviewed study…
Chad to bolster national Islamic microfinance training program in 2019
To further alleviate poverty, the Chadian government intends to launch in 2019 the second phase of the Project for Islamic…
The Philippines’s House of Representatives adopts landmark Islamic banking law
An overwhelming majority of the members of the House of Representatives of the Philippines have voted into law an Islamic…
Azimut heads toward larger Islamic asset management footprint
After a six-year hiatus following the launch of its first and only Islamic fund, Azimut is planning to roll out…
Bourse d’Alger works on proposal for Sukuk regulation
Leveraging the current momentum following the release of an Islamic banking framework by Banque d’Algerie, Bourse d’Alger intends to submit…
Sudan misses its maiden ‘gold Sukuk’ target
Falling short of its SDG3 billion (US$62.9 million) target, Sudan has only raised SGD1.5 billion (US$31.45 million) through the issuance…
US sanctions: A boon for Iranian equity funds?
Leveraging the return of US economic sanctions in August, the top three Iranian equity funds have been displaying stratospheric double-digit…
National Zakat fund in the works in Tunisia
The Tunisian Association of Zakat Sciences has proposed amendments to the Finance Bill 2019 for the establishment of a national…
