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Monday, October 7, 2024

Banking

Complex Banking ID Checks is Bad for UX and New Business

According to the latest report from FICO, one in three Indonesians abandon opening a personal bank account due to complex identity checks.

Indonesia Aims to Become a Global Halal Hub

The Ministry of State-Owned Enterprises and Bank Syariah Indonesia (BSI) says that they are committed to helping Indonesia become a global halal financial hub.

Ugandan President Launches the First Interest-Free Islamic Bank

Ugandan President Yoweri Museveni officially opens Salaam Bank, the country's first interest-free commercial Islamic bank in Kampala Uganda this week.

Barclays Bank CEO Rasha Badawi Says Diversification Aids Against Global Uncertainties

UAE Barclays Bank CEO Rasha Badawi says that the past few years has seen the region experience rapid growth and consumer confidence across multiple sectors.

Latest news

Social Protection Needed to Support Ageing Populations in APAC

In this week’s newsletter we discuss how megatrends such as an ageing population, cost of living crises and digitalization across APAC are profoundly changing its risk landscape with the Under-Secretary-General of the United Nations and Executive Secretary of ESCAP Armida Salsiah Alisjahbana.
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Aga Khan Museum Marks Tenth Anniversary with Mammoth Lineup

The Aga Khan Museum announces a monumental year of programs and digital experiences carefully curated to reference the Museum’s architecture, its founding vision of light, and a history that spans a decade in Toronto Canada.

Hilton to Introduce Madinah’s First Waldorf Astoria

Saudi-based Taiba Investments announces a strategic partnership with Hilton to bring the Waldorf Astoria Hotels & Resorts brand to the holy city of Madinah.

Must read

Prime Minister says Shia and Sunni Muslims Pray together in Georgia

Prime Minister of Georgia Irakli Kobakhidze discusses the social, economic, and spiritual benefits of religious diversity and brotherhood at Iftar this week.

Africa’s Largest Trade Fair Will Be Hosted by Algeria in 2025

According to Afreximbank Executive VP Kanayo Awani, mega deals await at Africa’s largest annual fair, the Intra-African Trade Fair to be held in Algiers, Algeria on 4 – 10 September 2025.
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Muscat Means Mo’ Money for Muslim Investors

Investors Alert! HH Sayyid Faris Bin Fatik Al Said announces new investment opportunities in Oman.

Rima Hassan to Deliver Muslim Votes for Jean-Luc Mélenchon

New York Sun Editor Michel Gurfinkiel discusses the upcoming elections in France and the strategic alliance between Jean-Luc Melenchon and Rima Hassan to entice Muslim voters.

Rwanda UAE Bilateral Trade Surpassed 1.1 Billion in 2023

More than two dozen Rwandan companies now operate businesses in Dubai, particularly in the logistics sector, and Ambassador John Mirenge says Rwanda has big plans to ramp up bilateral trade across all sectors of industry.