Dubai's main share index advanced 1.4%, buoyed by a 2.9% jump in Emaar Properties and a 2.1% rise in sharia-compliant lender ...
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AFC Seals $400m Shariah-Compliant Deal
Africa Finance Corporation (AFC), the continent’s infrastructure solutions provider, has successfully closed a $400 million Shariah-compliant Commodity Murabaha facility, marking its strategic return ...
The slogan of ‘Islamic Bank’ carries a connotational interpretation that its functions are based on the principles of banking ...
Bader AlAli: "The fund reflects Gulf Bank and InvestGB’s commitment to meeting the banking and investment needs of clients." ...
AFC has consistently broadened its funding portfolio with innovative transactions that open new capital markets to attract global investors to Afric ...
Originally launched at US$300 million, the facility was upsized to US$400 million due to robust investor interest, resulting ...
Africa Finance Corporation (AFC) has closed a US$400 million Shariah-compliant Commodity Murabaha facility, marking its return to the Islamic finance ...
The low turnover persisted in 2024, turning most intermediaries into losses, with many struggling to even pay employee salaries ...
On Jan. 3, Sean Strickland tweeted on X, “Islamic extremist…..You mean people who actually follow the Quran teaching? Islam contributes nothing to the world besides violence and oppression..
On 27 January 2025, the Saudi Capital Market Authority (“CMA”) approved the ‘Controls for the Exclusion of Companies Listed in the Saudi ...
Foreign investors will have access to limited shares of companies listed on the Saudi capital market, convertible debt instruments or both, the Saudi Capital Markets Authority said in a statement.
The low rate of insurance penetration in Nigeria is a source of concern for stakeholders. In this interview with OLUWAKEMI ABIMBOLA, the Vice Chairman of Noor Takaful, an insurance firm, Aminu Tukur, ...