Finance

Shariah-compliant Debt Crowdfunding Marketplace Lendo Raises $28M Series B Funding

EKISPEDIA - Lendo, a Shariah-compliant debt crowdfunding marketplace based in Saudi Arabia, has raised $28 million (SAR 105 million) in a S...

Admin 26 Dec, 2023

Saudi’s Dana Al Alami in $120mln Deal with India Firm for Manufacturing Lab Diamonds

EKISPEDIA.COM - Saudi Arabia’s Dana Al Alami Jewelry has partnered with Greenlab, an Indian manufacturer of precious stones, in a $120 mill...

Admin 29 Oct, 2023

MES Launches KeSya Application, Accountability for Small Business Actors is Made Easy

EKISPEDIA.COM - The Sharia Economic Community (MES) launched an application called Sharia Finance (KeSya) in a series of events at the VI M...

Admin 30 Sept, 2023

Abu Dhabi Development Fund Hits $52bn in Investments

EKISPEDIA.COM - The Abu Dhabi Fund for Development’s (ADFD) investments totalled more than AED189.7bn ($52bn), by the end of December 2022,...

Admin 23 May, 2023

What's The Difference Between Economics and Finance?

EKISPEDIA.COM - Economics and finance are both important disciplines that are closely related but have distinct differences. Economics is t...

Admin 2 May, 2023

Kuwait Ranks 5th Globally in Islamic Banks Assets

EKISPEDIA.COM - The size of the global Islamic finance industry is expected to reach $5.9 trillion by 2026 compared to $4 trillion in 2021,...

Admin 3 Dec, 2022

Standard Chartered Launches Islamic Sustainable Account in UAE

EKISPEDIA.COM - Standard Chartered has launched the Islamic Sustainable Account (SA) in the UAE. This new product, offered to large corpora...

Admin 3 Dec, 2022

IsDBI Wins Islamic Finance Industry Recognition in IFN Poll

EKISNEWS - Jeddah, Kingdom of Saudi Arabia: The Islamic Development Bank Institute (IsDBI) has again received a resounding endorsement fro...

Admin 18 Oct, 2022

UK’s Al Rayan Closes Last Retail Banking Branch

Al Rayan closed its Edgware Road branch in the capital on 3 August. The branch’s shuttering follows a gradual closure of other retail bank b...

Admin 21 Sept, 2022

The Best Halal Robo-Advisors in The UAE

EKISPEDIA.COM - Business is booming in the UAE. Alongside its neighbours, its economy has expanded rapidly thanks to its vast oil reserves....

Admin 12 Sept, 2022