Islamic

Latest Islamic news, analysis and expert insight from The Global Economics — covering the stories shaping global business and finance.

How the Kingdom Is Building the Gulf’s Next Digital Finance Engine
Banking

How the Kingdom Is Building the Gulf’s Next Digital Finance Engine

25 Aug 2026
Islamic Development Bank gives go-ahead for $345mln Egypt e-train project
Banking

Islamic Development Bank gives go-ahead for $345mln Egypt e-train project

3 Apr 2023
Saudi Real Estate Refinance Company (SRC) mulls its largest refining deal worth $1.3bn with Alrajhi
Islamic

Saudi Real Estate Refinance Company (SRC) mulls its largest refining deal worth $1.3bn with Alrajhi

20 Mar 2023
Saudi Arabia Lowers Crude Prices For Asia, Not For the US
Economy

Saudi Arabia Lowers Crude Prices For Asia, Not For the US

31 Jan 2023
Emirates Islamic Bags ‘Best Islamic Bank for SMEs’ at MEA Finance Awards 2022
Islamic

Emirates Islamic Bags ‘Best Islamic Bank for SMEs’ at MEA Finance Awards 2022

7 Dec 2022
Dubai Islamic Bank partners with Al Ramz Corporation to leverage the capital market and expand its financial offerings
Islamic

Dubai Islamic Bank partners with Al Ramz Corporation to leverage the capital market and expand its financial offerings

18 Nov 2022
Islamic Development Bank board approves US$ 1.12 billion in development financing and US$ 1.79 Million in Grants
Funds

Islamic Development Bank board approves US$ 1.12 billion in development financing and US$ 1.79 Million in Grants

12 Sept 2022
Islamic Development Bank (IsDB) announces new USD10.54 Billion package to tackle global food security crisis
Islamic

Islamic Development Bank (IsDB) announces new USD10.54 Billion package to tackle global food security crisis

1 Aug 2022
BankIslami becomes first Islamic bank to finance Shariah-compliant EWHR in 2022
Commercial

BankIslami becomes first Islamic bank to finance Shariah-compliant EWHR in 2022

23 Jul 2022
QIIB – Best Credit Card Offerings in Qatar
Commercial

QIIB – Best Credit Card Offerings in Qatar

21 Jul 2022
Australia’s first Islamic bank to offer banking services compliant with Sharia Law in a new 2022 report
Islamic

Australia’s first Islamic bank to offer banking services compliant with Sharia Law in a new 2022 report

15 Jul 2022
Kuwait Finance House to purchase Bahrain’s Ahli United Bank for USD 12 billion after years of hold up
Commercial

Kuwait Finance House to purchase Bahrain’s Ahli United Bank for USD 12 billion after years of hold up

7 Jul 2022
DIFC unveils the region’s first Open Finance Lab in 2022
Central

DIFC unveils the region’s first Open Finance Lab in 2022

29 Jun 2022
Pakistan: SECP to unveil Takaful Technology in 2022
Brokerage

Pakistan: SECP to unveil Takaful Technology in 2022

25 May 2022
Indonesia Witnesses Big USD 3.25 Billion Sukuk Sale
Central

Indonesia Witnesses Big USD 3.25 Billion Sukuk Sale

25 May 2022
Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million
Islamic

Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

16 May 2022
Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division
Islamic

Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

21 Mar 2022
Bahrain Institute of Banking and Finance releases education-centric NFTs in resonance to the Bahrain Economic Vision 2030
Crypto & Fintech

Bahrain Institute of Banking and Finance releases education-centric NFTs in resonance to the Bahrain Economic Vision 2030

6 Mar 2022
Dubai: Mashreq Bank acquires stake in NymCard to boost cashless transactions during the COVID19 pandemic
Commercial

Dubai: Mashreq Bank acquires stake in NymCard to boost cashless transactions during the COVID19 pandemic

25 Feb 2022
Qatar Islamic Bank declares new instant finance against a deposit in 2022
Digital

Qatar Islamic Bank declares new instant finance against a deposit in 2022

17 Feb 2022
National Bank of Fujairah declares profitable growth of 124.2% for 2021
Commercial

National Bank of Fujairah declares profitable growth of 124.2% for 2021

26 Jan 2022
Sharjah Islamic Bank records a whopping net profit of AED 514.1 million for 2021
Islamic

Sharjah Islamic Bank records a whopping net profit of AED 514.1 million for 2021

21 Jan 2022
GFH Financial Group invests AED 1 billion and establishes Infracorp
Commercial

GFH Financial Group invests AED 1 billion and establishes Infracorp

17 Jan 2022
Abdul Latif Jameel Finance launches new Islamic Tawarruq product – Cash Jameel, in 2022
Funds

Abdul Latif Jameel Finance launches new Islamic Tawarruq product – Cash Jameel, in 2022

14 Jan 2022