Thursday, May 22, 2025

Islamic Finance

UAE.. Launching the first Islamic digital bank

The UAE is the fourth largest market for Islamic finance in the world, with Islamic banking assets representing 23% of the total banking assets in the country, according to the Central Bank of the UAE. Roya Local Islamic Bank announced...

Islamic finance can heal Coronavirus pain

Over the last three months, the coronavirus pandemic and crisis associated with it has significantly slowed the Islamic finance economies. Islamic finance can play a vital role in navigating the economic disturbance brought by the coronavirus crisis on residents and...

Latest News

UAE travel for Hajj, Eid Al Adha: Emirates announces 46 special flights

For this year's Hajj season, Emirates announced 33 special flights to Jeddah and Madinah operating until May 31, and...

India implements stricter rules for gold, silver imports from UAE

India’s recent restrictions on importing precious metals like gold and silver from the UAE in unwrought, semi-manufactured, and powdered forms are set to reshape...

UAE: No Schengen visa appointments until August; residents told to rethink summer plans

Planning to travel to Europe to enjoy the cooler climes this summer vacation? If you haven't applied for a Schengen visa yet, you should...

Qatar announces 5-day Eid Al Adha holiday for 2025

Qatar has announced a five-day holiday for Eid Al Adha this year. In the Gulf nation, public holidays for the festival will begin on the...

Dubai: Parkin launches parking subscriptions from Dh300

Dubai: Parkin, Dubai’s public parking operator, has announced that parking subscriptions are now available across all areas it manages. The update was shared via...