The second Global Islamic Economy Summit kicked off in Istanbul on Friday in the presence of Turkish President Recep Tayyip Erdoğan.Organized by the Al Baraka Forum for Islamic Economy, the summit ...

Turkish President Recep Tayyip Erdogan reiterated his opposition to interest rates while endorsing the country’s orthodox ...

BEIRUT — (AP) — The Islamic State group has claimed responsibility for two attacks in southern Syria, including one on ...

Diamond Standard Co., producer of the world’s only regulator-approved natural diamond commodities, on Thursday announced a ...

Truck drivers in Iran blocked roads and ports Wednesday as part of their strike action protesting low salaries, high insurance rates, and a possible hike in fuel prices.

Russian Deputy Minister of Economic Development Dmitry Volvach added that such growth rates are impressive and Islamic banking acquires special significance "as a variant of the partnering model" ...

The President of the Islamic Development Bank said on Monday that Algeria is expected to receive $3 billion in loans over the ...

U.S. President Donald Trump has said he will lift long-standing sanctions on Syria that severed the country from the global financial system under toppled former President Bashar al-Assad.

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 ...

He continued:“Their efforts created a successful banking model that spread across the globe, leaving a lasting economic and social impact. Today, Islamic banking stands as one of the most ...

The agency, which recently upgraded the UAE bank operating environment score to ‘bbb+’ from ‘bbb’ considers the emirate as a key hub for Islamic finance due to the beneficial economic ...

His work in the field of Islamic economics helped develop Islamic economic jurisprudence. He also edited Tarjuman-ul-Quran, a reputable Islamic magazine, for nearly two decades. He was awarded the ...