The Financial Conduct Authority (FCA) has authorised Offa, the UK's leading Islamic property finance fintech, to provide home purchase plans (HPPs), the Sharia-compliant alternative to conventional ...

Finastra today announced that the successful implementation of Finastra Kondor and cloud-based managed services provided by DXC Technology, a leading Fortune 500 global technology services provider, ...

SHAH ALAM - There's a positive trend in financial literacy among Muslims in Malaysia. Universiti Sains Islam Malaysia Faculty of Economics and Muamalat Senior Lecturer, Dr Umi Hamidaton Mohd Soffian ...

Dubai/London: The draft AAOIFI Sharia Standard 62 has had no impact on Islamic banks’ ratings so far, but there remains a ...

Islamic banking is gaining currency in the UAE as Shariah-compliant financial institutions expand their product offerings to ...

Abu Dhabi-based Aldar Investment Properties, which is marketing $500 million 10-year senior green sukuk, has books at over $2 ...

An Iranian-Kurdish woman, Amini, 22, had been arrested for allegedly violating the Islamic republic's strict dress rules for women. The protests shook Iranian authorities and remain a rallying ...

The Islamic State - responsible for 1,805 deaths last year - is the world’s deadliest terrorist organisation, new analysis shows. The feared jihadist group - also known as the Islamic State of ...

In Islamic finance, riba refers to interest charged on loans. Religious practice forbids riba, even at low interest rates, and it is considered both illegal and unethical or usurious. Islamic ...

KUALA LUMPUR -- Islamic finance is expanding across Southeast Asia, attracting new players and products as institutions seek to tap what is still a relatively small sector in most countries.