Few social-cultural systems have impacted our society more than religion. The belief in a higher power has shaped the world through rituals, sermons and other practices but also through defining the ...

Islamic forex accounts (also called swap-free or halal accounts) enable Muslim traders to engage in currency trading without violating Sharia principles against riba (interest). These accounts operate ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This groundbreaking initiative represents a major step towards providing ...

ABU DHABI: The UAE continues to cement its status as a leading global hub for Islamic finance and the halal industry, aligned with a comprehensive development vision aimed at diversifying the national ...

The UAE cabinet’s recent approval of the strategy for Islamic finance and halal industry is likely boost the industry, a top agency said. According to a report by Fitch Ratings, the UAE Islamic ...