FDH Bank plc has rolled out Islamic banking that will provide Shariah-compliant products and services managed separately through a special window from conventional banking. Islamic banking, also referred to as Islamic finance, is premised on two fundamental principles of Islamic…
RIYADH, Saudi Arabia, May 1, 2024/ — The Islamic Development Bank Group Business Forum (THIQAH) (www.IDBGBF.org) and the World Association of Investment Promotion Agencies (WAIPA) have recently signed a Memorandum of Understanding (MoU) aimed at fostering collaboration to promote business…
JEDDAH, Saudi Arabia, April 21, 2024/ — The Islamic Development Bank (IsDB) Institute () is pleased to announce the 18th edition of the IsDB Global Forum on Islamic Finance to be held in Riyadh, Kingdom of Saudi Arabia, on 28…
By: Kai Koddenbrock, Bard College Berlin First Published,April 8,Africa Edition/The Conversation At no point in history has the CFA franc – the name of a colonial currency used in west and central African countries belonging to the franc zone – been closer to its…
ABIDJAN, Ivory Coast, April 8, 2024/ — The African Development Bank (www.AfDB.org), through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF) (), has approved a $999,000 grant to support an initiative to foster green jobs for women, youth…
LOMÉ, Togo, April 8, 2024/ — The African Development Bank (www.AfDB.org) and the African Guarantee Fund (AGF) () have brought the curtain down on the AFAWA Finance Series Togo conference, a key note event aimed at promoting a better understanding…
LAGOS, Nigeria, April 8, 2024/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience.…
To coincide with the International Women’s Day, the President of the Republic, Mr Wavel Ramkalawan has recently appointed four women professionals in prominent positions in the administration of the country. These are: The re-appointment of the Governor of the Central Bank of Seychelles,…
ABIDJAN, Ivory Coast, February 1, 2024/ — The African Development Bank (www.AfDB.org), rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched and priced its first Sustainable US dollar-denominated 750 million perpetual subordinated hybrid capital notes. On the 30th of…
Story: Mohammed A. Abu A webinar held by the General Council for Islamic Banks & Financial Institutions(CIBAFI) concluded with a forward-looking perspective on the future of big data and its transformative potential in the Islamic financial industry, underscoring its role…
