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…
Sri Lanka moves closer to maiden sovereign Sukuk issuance just before political turmoil starts
Before its suspension in the wake of a deep political and constitutional crisis that has been unfolding since the 26th…
Bank Mikro Waqf program grows, poverty falls
Following his election in 2014, President Joko ‘Jokowi’ Widodo is engaged in a vigorous campaign to reduce poverty in Indonesia,…
Sudan floats ‘gold Sukuk’ to ease liquidity crunch
Sudan has begun marketing a SDG3 billion (US$165.37 million) ‘gold Sukuk’ facility to support its weakened pound, undermined by a…
Iran licenses credit rating agencies to help lift the veil on its financial system
Trying to modernize Iran’s capital markets at breakneck speed to reduce the impact of US sanctions on the Islamic Republic’s…
Iran set to launch the world’s first Islamic cinema fund
MARC ROUSSOT shines the spotlight on the world’s first Islamic cinema fund planned to be launched by the end of…
Morocco issues maiden sovereign Sukuk adding a new brick into its Islamic finance wall
In a major breakthrough for Islamic finance in North Africa, Morocco has issued a maiden Sukuk facility, taking a new…
