Today, 13 February, Tarique Rahman of the Bangladeshi Nationalist Party (BNP) has become the Prime Minister of Bangladesh. The BNP held a considerable lead over its main contenders, the Islamist… read more →
In a meeting held last week in Abuja, Nigeria, the African Development Bank (AfDB) and the Economic Community of West African States (ECOWAS) reignited talks of a shared currency across… read more →
On 1 January 2026, the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) came into force, a measure described as putting a fair price on carbon and encouraging cleaner industrial… read more →
To reiterate and summarise, conventional factoring unilaterally involves the transfer of ownership of an already existing receivable. The factor acquires a receivable owned by the debtor and records, collects, and… read more →
Although the history of factoring dates back to Babylonian times, over four thousand years ago, two-factor international factoring transactions as we know them today started with the 17th-century colonisation. Then,… read more →
In an evolving landscape, factoring has emerged as a particularly relevant instrument. Grounded in real economic activity and directly linked to the underlying sale of goods and services, factoring provides… read more →
Governance is vital to the stability, integrity, and sustainability of any financial institution. In the context of Islamic banks and Islamic financial institutions (IFIs), the role of governance is twofold:… read more →
Transaction banking, at its core, supports day-to-day commercial activities: buying and selling goods, making payments, issuing guarantees, and collecting receivables. These activities are not fundamentally different in Islamic and conventional… read more →
Islamic financing principles have underpinned the development of a capitalist, globalised economy since the 9th century. During this period, the Islamic Golden Age, Arabic silver dirham coins circulated through the… read more →
The United Nations (UN) has released its Global Trade Update, listing its projections for the top trends reshaping trade in 2026. The UN’s predictions are accompanied by a sense of… read more →
