Latest news and articles about Islamic finance from NEX English
The global financial landscape is witnessing a significant shift towards integrating Islamic finance with environmental and social governance (ESG) principles. This trend aims to move beyond branding to achieve real economic impact.
During the 11th Forum of Malaysian Civil Scholars held in Putrajaya on April 27, Nujumuddin Bilal Erdogan urged Islamic countries to learn from Malaysia's experience in Islamic finance. He emphasized that Malaysia's strength in this sector serves as a practical model for other Muslim nations to build independent financial systems.
The future of Islamic finance is closely linked to the integration of modern technology with sustainability principles. This integration enhances the sector's ability to address economic and social challenges while contributing to sustainable development goals.
Indonesian police announced the arrest of AS, the founder of Danah Sharia Indonesia, as the fourth suspect in a fraud and money laundering case. This follows extensive investigations that identified several other suspects in the case.