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📰 Islamic Finance News

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Understanding Halal and Haram Leasing in Islamic Finance

Understanding Halal and Haram Leasing in Islamic Finance

In today's increasingly interconnected financial world, understanding alternative banking systems has become essential for both businesses and individuals. Islamic finance, with its unique ethical framework, offers distinctive approaches to financial transactions that differ significantly from conventional Western banking models. One area where these differences are particularly evident is in leasing arrangements, which must adhere to ... Lire la suite L’article Understanding Halal and Haram Leasing in Islamic Finance est apparu en premier sur Daraddustour.

Aug 22, 2025 Daraddustour
Islamic finance

Islamic finance

When I began my career as a reporter for BusinessWorld more than 30 years ago, I was assigned to the Banking beat under Gert Chavez after a brief stint in Research with Dick Puig. Coming from a background in Political Science and a minor in Economics, my knowledge of banking and finance was rudimentary at […]

Dec 25, 2024 BusinessWorld,Cedtyclea
Kazakhstan Expands Islamic Finance with New Shariah ETF

Kazakhstan Expands Islamic Finance with New Shariah ETF

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan marked a significant milestone in Islamic finance with the Jan. 14 launch of Central Asia and Caucasus’ first Shariah-compliant exchange-traded fund (ETF) under the International Trading System’s Shariah index, the ITSS ticker.  A roundtable in Astana on Jan. 16 explored the ETF’s impact, Islamic finance growth, global implications and prospects. The ITSS… The post Kazakhstan Expands Islamic Finance with New Shariah ETF appeared first on The Astana Times.

Jan 17, 2025 Fatima Kemelova,Nagima Abuova
Azerbaijan pulling out all stops to get Islamic finance off hook from VAT
politics

Azerbaijan pulling out all stops to get Islamic finance off hook from VAT

BAKU, Azerbaijan, October 7.​ Azerbaijan is working to exempt Islamic finance operations from value-added tax (VAT), said Rustam Tahirov, Director of the Sustainable Development Department of the Financial Sector at the Central Bank of Azerbaijan (CBA), Trend reports. Speaking at the II Azerbaijan ...

Oct 07, 2025 Sadig Javadov
Regulating global Sukuk
politics

Regulating global Sukuk

The global Islamic finance industry, valued at over $5 trillion, is expected to reach $7.5tr by 2028 and has established itself as a viable alternative to conventional finance. According to the latest London Stock Exchange Group report, there are over 1,980 financial institutions offering Islamic financial services, and 57 countries have at least one regulation or law to support Islamic finance. Sukuk, often dubbed the “crown jewel” of Islamic capital markets with a market value north of $900 billion, are Shariah-compliant alternatives to conventional bonds that do not represent a loan but often represent an ownership share in an asset or a business activity. Sukuk has catalysed infrastructure development, sovereign financing, and ethical investment since its inception. The global Sukuk markets are witnessing a variety of offerings, from sovereign Sukuk to corporate, and now green Sukuk has evolved greatly, with Malaysia, Indonesia and Saudi Arabia leading the global front. On the local front, Pakistan

Mar 03, 2025 Jawad Tahsin
A sustainable Islamic finance milestone

A sustainable Islamic finance milestone

As the ceremonial gong echoed through the trading hall of the Pakistan Stock Exchange (PSX) on the morning of Friday, May 19, 2025, Pakistan marked its entry into an exclusive group of nations by launching its inaugural Rs30 billion Green Sukuk. The event featured opening remarks by Muhammad Aurangzeb, Federal Finance Minister, Dr Shamshad Akhtar, Chairperson of the PSX, and Irfan Siddiqui, Founding CEO & President of Meezan Bank. Their message was loud and clear, a powerful signal to the market underscoring the importance of Islamic climate finance and the issuance of Green Sukuk rooted in ethical values and environmental sustainability. The market reacted positively, with the maiden issue oversubscribed by 5.4 times within just two hours, receiving bids exceeding Rs161bn. The Debt Office at the Ministry of Finance, along with the Joint Financial Advisors for the Sukuk — led by Meezan Bank and the PSX, played a pivotal role in addressing the major challenges of the inaugural issuance. B

May 26, 2025 Ahmed Ali Siddiqui
Islamic Finance Market in Kazakhstan Opens New Investment Opportunities

Islamic Finance Market in Kazakhstan Opens New Investment Opportunities

<p>The Astana Times provides news and information from Kazakhstan and around the world.</p> <p>Rapid progress has been visible in the global Islamic finance market recently. According to S&#38;P Global Ratings Agency’s Islamic Finance Outlook Report, the worldwide volume of Islamic finance reached $2.1 trillion at the beginning of 2019 and is growing at 5% annually. A further boost has been provided by digitization. The 2018 Thomson Reuters Islamic&#8230;</p> <p>The post <a rel="nofollow" href="https://astanatimes.com/2023/08/islamic-finance-market-in-kazakhstan-opens-new-investment-opportunities/">Islamic Finance Market in Kazakhstan Opens New Investment Opportunities</a> appeared first on <a rel="nofollow" href="https://astanatimes.com">The Astana Times</a>.</p>

Aug 17, 2023 Aruzhan Ualikhanova,Muhammad Rafiq