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Malaysia's Court of Appeal has upheld the enforceability of a pre-factoring structure involving future receivables, ordering oil and gas company KL Petrogas to pay RM21.1m to financier SA Puncak Management after overturning an earlier ruling that treated part of the...
#Court of Appeal#factoring#future receivables
Vision Bank has launched a Shari'ah-compliant short-term trade-finance proposition for SMEs, using fintech and trade-finance platforms to originate working-capital opportunities…
#ADGM#cross-border trade#exporters
The Islamic Development Bank Institute’s 2025 Annual Report has highlighted progress on its Smart Countertrade System, pointing to growing interest…
#development finance#digital trade#financial inclusion
The Islamic Development Bank Institute approved 25 new technical assistance projects worth US$4.14m in 2025, as it expanded support for…
#AI#Baku#countertrade
The Dubai Financial Services Authority has launched a consultation on proposed changes to its Islamic finance regulatory framework, aiming to…
#DFSA#DIFC#islamic finance
Finastra, a global provider of financial software applications, today announced it has been selected by Al Rayan Bank, one of…
#Al Rayan Bank#Finastra#Finastra Essence
The MENA Supply Chain Finance Conference 2024 (MENASCF24) wrapped up successfully at The Westin, Dubai, marking two days of engaging…
#digital trade#digitisaton#fintech
The International Islamic Trade Finance Corporation (ITFC) in collaboration with the Ministry of Economic Development and Trade of the Republic…
#Dilshod Sharifi#islamic finance#ITFC