Islamic Finance

NEWS DESK

The DFSA moves to accelerate Islamic Finance sector growth in DIFC, consulting on framework enhancement to provide greater clarity and strengthen regulatory guidance

News Desk 05/05/2026

The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC), today launched a public consultation on proposed enhancements to its Islamic finance regulatory framework. The consultation, which

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UBF Highlights Importance of Ijarah of Identified Tangible Assets’ Standard in Strengthening Islamic Finance

PR News Desk 05/08/2025

The UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, reaffirmed its full support for the efforts of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in promoting global transparency and credibility in Islamic banking and finance. This came during a session to discuss the Draft of the AAOIFI […]

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Bybit to Host Exclusive Forum: Bridging Islamic Finance and Cryptocurrency

PR News Desk 01/11/2024

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce an exclusive forum dedicated to exploring the intersection of Islamic finance and cryptocurrency. This event will take place on November 18, 2024, at 6 PM Dubai at Bybit’s Dubai office. The educational forum will feature esteemed speakers, including Dr. Muhammad Yusuf Abu

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NMDC Energy listed on FADXI15 Index for Islamic Finance Compliance

PR News Desk 30/10/2024

NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC (ADX: NMDC), has been recognized as one of the largest listed Islamic complaint entities in Abu Dhabi. NMDC Energy has joined a group of 15 listed entities, known […]

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Introducing Qardly: Pioneering the Future of Shariah-Compliant Lending

News Desk 24/04/2024

Today marks a significant milestone with the public launch of Qardly, a revolutionary friends and family lending app designed to adhere to Shariah principles, providing a halal financial solution for users. Qardly, meaning ‘to lend’ in Arabic, is set to redefine the lending landscape by offering a platform that aligns with Islamic finance principles. The […]