MANILA, Philippines — Islamic banks and banking units are now covered by the Philippine Deposit Insurance Corp. (PDIC), ensuring that depositors are protected even if these banks close or go ...

s ministers representing the 57 member countries of the Islamic Development Bank (IsDB) Group gather in Algiers for the bank’s 51st annual meeting, the devastating effects of climate change are ...

The Islamic New Year, or Al-Hijra, marks Muharram 1 — the beginning of the Hijri year 1447 — which commemorates the migration of the Prophet Muhammad (PBUH) from Mecca to Medina, a pivotal event in ...

FILIPINOS who are already banking with or have plans of creating deposit accounts in Islamic banks and Islamic banking units are now assured of deposit insurance system coverage, according to the ...

Key objective is to increase the assets of Islamic banks from Dh986b to Dh2.56t in 6 years Dubai: The UAE Cabinet has approved the National Strategy for Islamic Finance and the Halal Industry ...

India on Tuesday slammed the Organisation of Islamic Cooperation (OIC) for refusing to recognise cross-border linkages to the Pahalgam terror attack and described its ...

An illegal horse-riding celebration in Kano State has ended in tragedy following the brutal killing of a popular Islamic scholar and technology expert, Alaramma Jabir Lawan Abdullahi. PUNCH Metro ...

The UAE has set ambitious targets for Islamic finance, tourism and more during a Cabinet meeting held in Abu Dhabi. Among the items on the agenda were the setting of massive growth targets for Islamic ...

The court heard he sent propaganda videos from the terrorist group calling itself the Islamic State, also know as Daesh, to a WhatsApp group. At his sentencing hearing on Friday, the court heard ...

The Centre defended the Waqf Amendment Act in the Supreme Court, stating Waqf is not essential to Islam and emphasising its secular functions. Waqf is an Islamic concept, but it is not an ...

The Trump administration on Thursday targeted Iranian oil with a new slate of sanctions — a move that increases pressure on the Islamic Republic amid talks between U.S. and Iranian officials to ...