Dubai Islamic Bank prices $1 billion debut sustainability-linked sukuk

DUBAI: Dubai Islamic Bank (DIB) announced on Nov. 14, 2025, that it has successfully priced a $1 billion debut Sustainability-Linked Sukuk. The five-year issuance carries a profit rate of 4.572%…

NNR November 14, 2025

MENA

Ajman Bank, BHM Capital partner to launch Sharia-compliant equity financing program

DUBAI: Ajman Bank and BHM Capital have signed a strategic partnership agreement to launch a Sharia-compliant Equity Financing Program aimed at expanding investor access to UAE capital markets. The initiative…

NNR November 14, 2025

PSX

Pakistan’s Green Sukuk Framework: Investing in a Sustainable Future

Pakistan’s federal cabinet has approved the Sustainable Investment (SI) Sukuk Framework, marking a significant step toward financing climate-resilient and socially impactful projects through Islamic bonds. The framework, introduced by the Ministry…

NNR April 18, 2025

Business & Finance

Is Forex Trading Halal? A Deep Dive into Islamic Finance and Currency Markets

Forex trading, also known as foreign exchange, currency market or FX (foreign exchange), allows investors to buy and sell currencies. For example, A trader could sell a British Pound, and…

NNR January 18, 2022