Islamic finance for climate
THE 27th Conference of Parties to the United Nations Framework Convention on Climate Change, or COP 27, took place in Sharm El Sheikh, Egypt, last month. Against the backdrop of…
Digitizing Islamic finance
Amidst the advent of the Fourth Industrial Revolution – dominated by artificial intelligence and technological advancements – it is remarkable to witness the inclusive nature and expanded reach that technology…
Effective reforms advocated to tap potential of Islamic finance
Insisting that Islam's social protection system corresponds to the multiple UN Sustainable Development Goals and serves as an excellent tool to build resilience across social and economic spheres, experts during…
Sustainability and Islamic finance
The unique characteristic of Medina Economics is the fact that almost all the building blocks of the Islamic economic system were completed in the lifetime of the Prophet Muhammad (PBUH)…
Islamic finance provides Kenyans with cushion against drought
Hamara Hujale tries to keep an eye on two squirming children and a pot of simmering ugali - a white doughy dish - as she reaches for her buzzing phone.…
Islamic finance industry: Diversity of challenges
Islamic banks are constantly challenged with excess liquidity and the country is constantly in dire need of funds. Sounds like a heavenly match. However, their paths often do not cross…
Islamic finance: broad-based efforts needed
Islamic finance has been growing leaps and bounds and is considered the fastest growing sector in the global finance and domestic economic system. The total assets under management (AUM) in…
Credit guarantees look to widen Islamic finance landscape
Credit guarantees are gaining traction in Islamic finance, helping a wider range of firms to tap the market for sharia-compliant debt, which remains stubbornly reliant on sovereign and quasi-sovereign issuers.…
Islamic finance looks to outgrow bad habits as it expands
After a year of landmark deals which are opening new markets for Islamic finance, the industry is under fresh pressure to address some of its shortcomings and prove that it…
