Ihdinaa

13/01/2021

Ihdinaa now has new official Facebook presence. Please like our new page

https://m.facebook.com/Ihdinaa-Advisory-102865428456305/

Ihdinaa provides full range of Islamic finance solutions to organizations worldwide with convenience, whether they are Islamic banks or corporate vying to ensure Shariah compliance in their businesses.

17/10/2019

As a first in Islamic capital market and digital innovation, BMT bina Ummah, an Indonesian Islamic microfinance cooperative has raised IDR 170 million through a primary ‘micro’ Sukuk issuance on blockchain.
(Source IFN)

10/08/2019

09/08/2019

Green Sukuk are Shariah compliant investments in renewable energy and other environments assets. They address Shariah concern for protecting the environment.
Proceeds are used to finance construction, to refinance construction debt, or to finance the payment of a government-granted green subsidy.

01/08/2019

Gatehouse Bank UK Islamic Finance Consumer Report 2019:

77% of UK Muslim community knows about Islamic finance to some extent but only 40% uses it. The big difference reflects that improving perception of Islamic finance could be the key to its growth.

Good news is - 85% if Islamic finance users believe that it exceeded their expectation.

Can we relate this to Pakistan market where Islamic banking market share is roughly 15%? Do we also have the 'perception issue'?

24/04/2019

AAOIFI is jointly developing a Shariah Governance framework with IFSB, planned to be achieved by 2021. This is an effort towards bringing greater standardization in the Islamic banking industry.
(Source: Islamic Finance News)

14/04/2019

Federal Court of Malaysia rules that the decisions on Islamic Finance given by Shariah Advisory Council of Bank Negara Malaysia (Central Bank) will be binding on civil courts.

This is being considered a landmark and unprecedented ruling that could impact dispute resolution in Islamic finance transactions.

20/03/2019

Qatar is all set to launch world's largest Energy bank in the 4th Qtr, which will be fully Islamic.
Qatar plans to leverage its hydrocarbon strength to tackle the embargo imposed by its neighbors.