Muslims all around the world consider Ramadan the holiest month of the year. It is a time when Muslims fast during daylight hours and spend more time praying and engaging in charitable acts. According...
Saudi Arabia and South Korea have discussed cooperation in the fields of entrepreneurship and innovation, with a focus on increasing investment partnerships. Saudi Arabia’s Minister of Investment, Khalid Al-Falih, met with South Korea’s Minister...
Ramadan is the most significant event in the Muslim calendar, and food is a central part of the celebrations. However, British supermarkets are set to miss out on the estimated £200m that British Muslims...
The Islamic banking and finance industry is rapidly growing in Pakistan, and the IBA Center for Excellence in Islamic Finance (IBA-CEIF) recently conducted a one-day capacity building session for media professionals to provide insights...
Many Islamic banks have always emphasised the ethical aspects of sharia-compliant finance, and with the rise of ethical and sustainable banking, there is now an opportunity to align Islamic finance with the UN Sustainable...
UAE-based fintech startup Wafeq recently raised $3 million in seed funding to expand its presence in Saudi Arabia and enter the Egyptian market. The company, founded in 2019, provides user-friendly financial software tailored to...