For Sophie Mutamuliza, buying a house has been a long-term goal for her and her husband since they moved to Maine from Rwanda nearly a decade ago. “It’s been our dream,” she said. “It’s been our dream ...

Islamic investing is now a $5 trillion global system, combining Shariah principles with sophisticated products such as Sukuk, Murabaha and Musharakah. Learn what it means for elite investors.

Paying interest goes against Islamic rules on finance. Now, more institutions are offering Islamic mortgage solutions. Plus, what happens if the UAW strike grows?

With such a widespread Muslim population living and growing in Florida, this article will provide a summary of sharia law and its relation to Islamic finance, the key principles of Islamic finance, ...

1. There has been an increase in Islamic housing finance products across Islamic compliant banks, a move that has prompted conventional banks to offer such products. What is behind this trend? We are ...

The Cagamas R$2.05 billion ($542.5 million) Islamic residential mortgage backed sukuk (IRMBS) Musharakah, the world’s first rated IRMBS, brought a new asset class to Islamic finance. Cagamas MBS ...

For ITF to truly reach its potential, the industry must focus not just on adopting AI, but on tailoring it to the unique ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Sagheer Malik, Chief Commercial Officer & Managing Director of Retail ...

Last month, Bank Negara Malaysia (BNM) announced the adoption of Malaysian Islamic overnight rate (MYOR-i) as the mandatory ...

IsDB report warns that OIC countries need over US$1 trillion in climate finance by 2050 and positions the rapidly growing ...