Islamic Finance

Islamic Finance: Monthly news wrap - June 2023


Editor's Note: Technology is taking the world by storm and changing product delivery, offerings and customer service. Perhaps forever.

The Islamic finance space is no different. Companies across the world are jumping onto the 'tech' bandwagon to keep pace. Saudi's Rakeez Capital launched an automated sukuk issuance platform; Pakistan's Meezan Bank tied up with Fauree to develop a digital platform for Islamic supply chain financing; while Shariah-compliant, ethics-first digital money announced an official launch for later this year.

Meanwhile, Islamic banking appears on the horizon for the East African country of Uganda, inspiring hope for other nations on the continent. 

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