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Banking and Finance

Banking and Finance latest

New Islamic Microfinance Toolkits Launched to Advance Financial Inclusion in Islamic Development Bank (IsDB) Member Countries
September 11th, 2025 - 04:42 GMT

New Islamic Microfinance Toolkits Launched to Advance Financial Inclusion in Islamic Development Bank (IsDB) Member Countries

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) and the IsDB Global Practice & Partnership (GPP) Directorate, through its Cooperation and Capacity Development Department (CCD), have officially launched a five-volume series of Islamic Microfinance Toolkits, aimed at strengthening inclusive financial ecosystems across IsDB Member Countries. The toolkits offer a comprehensive and practical roadmap for establishing, operating, monitoring, and regulating Islamic microfinance institutions. Developed through extensive research, field experience, inter-departmental collaboration, and stakeholder consultations, the revamped toolkits aim to assist policymakers, regulators, and practitioners in unlocking the full potential of Islamic microfinance ...
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S&P 500 Index up 10.74%
May 3rd, 2023 - 09:28 GMT

S&P up 10.74% despite warnings of steep decline

Paymentology Powers Nomo, The First Digital Sharia-Compliant International Bank
May 3rd, 2023 - 08:49 GMT

Paymentology Powers Nomo, The First Digital Sharia-Compliant International Bank

BisB appoints Fatema Alalawi as chief of retail banking officer
May 3rd, 2023 - 03:56 GMT

BisB appoints Fatema Alalawi as chief of retail banking officer

Boursa Kuwait records net profit of KD 4.31 million for the first quarter of 2023
May 2nd, 2023 - 03:40 GMT

Boursa Kuwait records net profit of KD 4.31 million for the first quarter of 2023

Yen continues sharp decline, Australian dollar jumps after unexpected interest rate hike
May 2nd, 2023 - 10:17 GMT

Japanese Yen slides as Australian dollar shores up

BP: Announces Q1 net profit of $4.96 billion, below last year's exceptional levels
May 2nd, 2023 - 09:44 GMT

BP reports $4.96b net profit in 1st quarter

ADIB launches first-of-its-kind campaign to incentivise banking consolidation
May 1st, 2023 - 08:14 GMT

ADIB launches first-of-its-kind campaign to incentivise banking consolidation

Exxon and Chevron divided over what to do with record profits
May 1st, 2023 - 07:57 GMT

ExxonMobil, Chevron divided on record profits

Arab Bank Group profits grow by 30% to $216 million for the first quarter of 2023
May 1st, 2023 - 07:41 GMT

Arab Bank Group profits grow by 30% to $216 million for the first quarter of 2023

UAE stock markets gain over Dh106b in April
April 30th, 2023 - 07:17 GMT

UAE stock market gains Dh106b in April

IsDB Group to Bring Together Ministers from 57 Member Countries, Highlight Economic and Social Development Opportunities
April 30th, 2023 - 07:04 GMT

IsDB Group to Bring Together Ministers from 57 Member Countries, Highlight Economic and Social Development Opportunities

KPMG publishes eighth edition of the GCC listed banks’ results; Kuwait’s banking sector records highest growth in total assets
April 30th, 2023 - 06:01 GMT

KPMG publishes eighth edition of the GCC listed banks’ results; Kuwait’s banking sector records highest growth in total assets

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