News

More than 20 countries, including the United Arab Emirates, Morocco and Syria, have designated the Hijri New Year a national holiday.
Through the NNMRA, the CBN aims to clarify the responsibilities of all parties involved in non-interest repo transactions, including banks operating Islamic finance windows and the apex bank itself.
Dubai: Diamond Standard Co., the US-based producer of the world’s only regulator-approved diamond commodities, has received a Fatwa endorsing its diamond products for use in Islamic finance.
The next UAE public holiday is nearly here – and there is a chance that it could give people living in Dubai a bumper long weekend.. Set to arrive at the end of June, the Islamic New Year is ...
Islamic State (ISIS) has claimed responsibility for two bomb attacks on the new Syrian government, which would be the first move against the new Syrian government since it took power in December ...
Folk icon and OPM legend Freddie Aguilar PHOTO FROM FACEBOOK/JOVI GATDULA ALBAO. The Muntinlupa City Muslim Affairs Office confirmed the burial of 'Brother Abdul Fareed (Freddie) Aguilar' in a ...
Islam Makhachev is ‘almost certain’ to be fighting for the welterweight world title later this year, according to the division’s current champion. Jack Della Maddalena just dethroned ...
ADIB, Binghatti team up to offer easier Islamic home financing in UAE Deal to up off-plan property sales by offering financing once projects hit 35% completion Last updated: May 27, 2025 | 13:53 ...
Dhul Hijjah, the final month of the Islamic calendar, could begin May 28 and brings Eid al-Adha, an opportunity to complete Hajj and many special days.
Two days ago, on Thursday, the IDF carried out a targeted strike against terrorists from the Islamic Jihad terrorist organization who were operating under the guise of journalists. The terrorists ...
Qatar Islamic Bank (QIB), rated A1 by Moody’s / A by Fitch, has mandated banks to arrange a USD-denominated Reg S 5-year benchmark size sukuk offering. The senior unsecured sukuk offering will be ...
The UAE’s new strategy, announced in May 2025, aims to double Islamic banking assets to Dh2.56 trillion by 2031 and boost Sukuk issuances to over Dh660 billion, reinforcing the region’s ...