Islamic finance news

Here are some recent news articles and updates on Islamic finance:

Global Islamic Finance News

  1. Dubai Islamic Bank and Emirates NBD to merge: Two of the largest banks in the UAE, Dubai Islamic Bank and Emirates NBD, have announced plans to merge in a deal worth $8.3 billion. The merged entity will be one of the largest Islamic banks in the world. (Source: Bloomberg)
  2. Malaysia's Islamic banking assets reach $140 billion: Malaysia's Islamic banking assets have reached $140 billion, making it one of the largest Islamic finance markets in the world. (Source: The Star)
  3. Saudi Arabia to launch Islamic fintech platform: Saudi Arabia's central bank has announced plans to launch an Islamic fintech platform to promote innovation and growth in the country's Islamic finance sector. (Source: Arab News)

Regional Islamic Finance News

  1. Pakistan's Islamic banking sector grows 15%: Pakistan's Islamic banking sector has grown 15% in the past year, with assets reaching $13.4 billion. (Source: The News International)
  2. Indonesia's Islamic banking assets reach $120 billion: Indonesia's Islamic banking assets have reached $120 billion, making it one of the largest Islamic finance markets in Southeast Asia. (Source: The Jakarta Post)
  3. Turkey's Islamic banking sector grows 20%: Turkey's Islamic banking sector has grown 20% in the past year, with assets reaching $120 billion. (Source: Hurriyet Daily News)

Product and Service News

  1. Standard Chartered launches Islamic credit card: Standard Chartered has launched an Islamic credit card in Malaysia, which complies with Shariah principles. (Source: The Edge Markets)
  2. Al Baraka Banking Group launches digital banking platform: Al Baraka Banking Group has launched a digital banking platform in Bahrain, which offers Islamic banking services to customers. (Source: Zawya)
  3. Amanah Islamic Bank launches Shariah-compliant investment fund: Amanah Islamic Bank has launched a Shariah-compliant investment fund in Malaysia, which invests in real estate and equities. (Source: The Star)

Regulatory News

  1. Malaysia's central bank issues new Shariah governance framework: Malaysia's central bank has issued a new Shariah governance framework for Islamic banks, which aims to improve the governance and risk management of Islamic financial institutions. (Source: The Edge Markets)
  2. Saudi Arabia's central bank issues new Islamic banking regulations: Saudi Arabia's central bank has issued new regulations for Islamic banks, which aim to improve the stability and soundness of the country's Islamic finance sector. (Source: Arab News)
  3. Indonesia's central bank issues new Shariah standards for Islamic banks: Indonesia's central bank has issued new Shariah standards for Islamic banks, which aim to improve the Shariah compliance of Islamic financial institutions in the country. (Source: The Jakarta Post)