In the public narrative around Islamic finance, we often talk about contracts, compliance, fatwas, and customer awareness. But one force quietly shapes everything from behind the scenes ownership. Who owns Islamic financial institutions, and what drives their decision-making? This is Read more…
As someone actively involved in promoting and marketing Islamic finance, I’ve seen how far we’ve come in product development and regulatory structure. But I’ve also noticed a creeping shift that demands urgent attention. The normalization of aggressive sales targets in Read more…
On November 1, 2024, Marble Capital marked its 4th anniversary with an event celebrating growth, achievements, and partnerships. The gathering welcomed valued clients and partners, including Polysmart, AFEX Nigeria, Stanbic IBTC Trustees, Cowrywise, FSDH Merchant Bank, and Jaiz Bank, among Read more…
Lotus Bank has restated its commitment to ethical and inclusive financial practices growth. The bank said this, in a Stakeholder Engagement Forum held in Lagos, which brought together the bank’s executive management team, members of the press and other stakeholders. Read more…
On 9 October 2024, the Islamic Development Bank Institute (IsDBI) hosted a public lecture on the articulation of the Islamic moral political economy and sustainable development. The lecture, delivered by Prof. Mehmet Asutay, the winner of the IsDB Prize for Read more…
Non-interest Finance is growing at an unprecedented rate in the Nigerian banking sector. Banks that adopt this approach are known as Non-interest Financial Institutions (NIFIs) and are categorised as Specialised banks (Banking and other Financial Institutions Act 1991, as amended). Read more…
Jaiz Bank, Nigeria’s pioneer Non-Interest Bank, has emerged the global Most Promising Islamic Bank in 2024. Jaiz Bank Plc, the pioneer Non-Interest Bank in Nigeria has been providing ethical services to individuals, corporate and government entities since 2012 with the Read more…
Halal is an Arabic word for lawful, permit or permissible. There are currently over one hundred Halal-certified products in Nigeria. According to available records, the global Halal market has hit $7tn and is projected to grow to $7.7 by 2025. Read more…
Mohammad Nejatullah Siddiqi, PhD, is an Indian economist and is the winner of the King Faisal International Prize for Islamic Studies. At the age of 91, Siddiqi passed away in San Jose, USA on November 12th, 2022. The great scholar, Read more…
