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Islamic banking consistently expanding in Pakistan
Last week, the State Bank of Pakistan granted its first license to a micro-finance bank and brought it into the Islamic mode.
- Categories
- Uncategorized
- Region
- South Asia
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Uganda Legalizes Islamic Banking
Uganda's Cabinet has approved the amended Financial Institutions Act 2015, which paves the way for the introduction of Islamic and Agency banking in Uganda.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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U.S. startup combines Bitcoin with Islamic microfinance in Indonesia
Founded in San Francisco and recently moved to Jakarta, a financial startup called Blossom aims at nothing less than shaking up the microfinance sector in Indonesia.
- Categories
- Uncategorized
- Region
- Asia Pacific
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5 African e-health startups to watch
Africa’s basic infrastructural challenges – such as poor transport links, and the limited number of medical professionals and clinics – have long hindered the health sector. However, across the continent, Africa’s innovators are looking to leverage technology to ensure quality medical care is universally accessible.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Catholic Trust Looks to Brazilian Fund for Social Returns
A Brazilian investment fund is taking to heart theVatican’s endorsement of leveraging capitalism’s tools to help address inequality.
- Categories
- Impact Assessment
- Region
- Latin America
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Blossom Offers Islamic Micro-Financing in Indonesia Using Bitcoin
A startup that recently relocated from San Francisco to Jakarta aims to shake up micro-finance in Indonesia.Blossom‘s concept can be said to be breaking ground: it operates onBitcoin and targets the global Muslim community.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Islamic Financial Services Board Adds Financial Inclusion to Islamic Banking’s To-Do List
The Islamic Financial Services Board (IFSB) is adding financial inclusion to the industry's to-do list, launching initiatives aimed at widening the reach of sharia-compliant banking to include poorer people.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Kenya Commercial Bank Launches Islamic Banking
Kenya Commercials Bank (KCB) Group on Thursday launched its Islamic Banking unit as it seeks to tap into the growing demand for Islamic financial products across the East African region.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- Islamic finance
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