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islamic finance
Investment Funds With Islamic Sukuk For Algerians
July 4, 2022
The Supreme Islamic Council is studying the possibility of launching financial Sukuks sold by investment funds that adopt Sharia-compliant bond-like......
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Algeria, Islamic Development Bank Group discuss bilateral cooperation
April 28, 2022
ALGIERS- The Minister of Finance, Abderrahmane Raouya, received on Tuesday in Algiers, the Director of the Regional Office of the Islamic Development......
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Housing Minister announces additional programme of 15,000 rental-purchase housing units (AADL)
January 10, 2022
MOSTAGANEM-The Minister of Housing, Urbanism and City, Mohamed Tarek Belaribi announced, Saturday in Mostaganem, an additional programme of 15,000......
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AD Ports Group and Aqaba Development CorporationSign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure
December 19, 2021
AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements......
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Islamic finance: Opening of 15,000 accounts, deposit of 10 billion Da until May 2021
September 19, 2021
ALGIERS – The number of bank accounts opened since the launch of Islamic finance products amounted to 15,000 ones through which a total amount......
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Faisal Islamic Bank Becomes First Sudanese Bank to Obtain Mastercard License
February 2, 2021
Faisal Islamic Bank (FIB) in collaboration with Network International, an enabler of digital commerce across Africa and the Middle East, has become......
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Bank of Mauritius revokes banking licence of Century Banking Corporation
August 27, 2020
The Bank of Mauritius, acting under section 17 of the Banking Act 2004, revoked the Islamic Banking Licence of Century Banking Corporation (CBC)......
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Islamic Development Bank invests $1.25 million in livestock and fisheries project
March 1, 2020
Cameroon’s North West region’s development authority, Mideno has officially launched a XAF750m approximately $1.25million, livestock......
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