Wafra Inc. (Wafra), a $30 billion New York City–based global alternative asset manager, announced that its Global Sukuk Team ...

After growing to a $1 trillion asset class in Muslim countries, Islamic finance is poised for an era of globalization. Global Islamic financial assets have soared from less than $600 billion in 2007 ...

Explore murabaha, a cost-plus financing method under Islamic law that adheres to Sharia principles and avoids interest by including a profit markup in installment payments.

The amount raised for sustainable finance within the 57 countries of the Organization of Islamic Cooperation jumped from $17.8 billion in 2017 to $82.3 billion in 2024, according to a 2025 report from ...

Islamic finance is a full-fledged financial system, including well-established banking, capital markets, money markets and insurance products and practices. Islamic finance is governed by principles ...

Islamic trade finance (ITF), a sector powering over $2 trillion in annual trade flows, is entering its AI era. From compliance to risk assessment, artificial intelligence is automating the manual, ...

Sovereign Islamic debt issuance by non-Muslim countries is set to hit a 3-year high in 2017 Islamic finance complies with Sharia, or Islamic law, which prohibits earning interest and bars funding ...

Maybank Islamic has firmly positioned itself as Malaysia’s best Islamic bank, leading the charge in revolutionising Islamic financing both locally and across the ASEAN region. Its dominance is ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Islamic finance is a way for Muslims (and others) to manage their money while observing ...

The Middle East and North Africa (MENA) region has recently seen a surge of interest in developing renewable energy, in particular solar energy projects. Led by Morocco and Jordan which have ...

The fourth installment of a Global Finance FAQ web series on Islamic finance. For hundreds of years, there was no need for Islamic finance because there was simply no financial system to “Islamise.” ...

New York-Jeddah-Beirut, 11 May 2021—The United Nations and the Islamic Development Bank today launched an initiative to help fund efforts to recover better as the world continues to grapple with the ...