March-April. 2025 | @ Halal

Hosted by Greenpeace Indonesia under the Ummah for Earth Alliance and in collaboration with the Indonesia Banking School, the event marked the launch of the“ Islamic Finance for Earth” campaign.

This initiative aims to link Islamic finance with climate solutions, encouraging ethical, environmentally responsible investment rooted in Islamic values.

“ Islamic finance is more than just halal profits – it’ s about generating positive social and environmental impact,” said Rahman Shofiana, Project Lead at Greenpeace Indonesia.

A key highlight of the conference was the call to channel just

GREEN ISLAMIC FINANCE: ���������������������������������������������� ������������������������������������������������������������������������ ���������������������������������������������� five per cent of the Islamic finance sector’ s $ 4.5 trillion in assets into renewable energy. Doing so could unluck an impressive $ 400 billion for climate finance by 2030, according to a report co-published by Greenpeace MENA and the Global Ethical Finance Initiative.

With the Islamic finance industry projected to grow to $ 6.7 trillion by 2007, experts emphasised the urgent need to invest in Shariah-compliant green initiatives.“ Islamic finance isn’ t just an alternative system – it’ s a powerful tool for climate action,” said Tariq Al-Olaimy, Islamic Finance Advisor for Ummah for Earth.

Indonesia’ s success with its green sukuk programme, which prevents nearly one million tonnes of carbon dioxide( CO2) emissions annually, further demonstrates the transformative potential of Islamic finance in addressing the global renewable energy funding gap.

As a faith-based financial framework guided by halalantoyyiban values, Islamic finance offers a holistic and ethical solution to tackle climate change while advancing the well-being of humanity and the planet.

IN a remarkable testament to its commitment to innovation and excellence, Sohar Islamic has been awarded the title of Most Innovative Islamic Bank in Oman at the prestigious Islamic Finance News( IFN) Awards 2025 in Dubai.

As the Islamic banking arm of Sohar International, this recognition highlights the bank’ s forward-thinking approach to delivering Shariah-compliant financial solutions that combine ethical integrity with modern digital convenience.

INNOVATION IN SHARIAH: ������ �������������������������������������� �������������������������������� �������������������������������� �����������������������������

Representing Sohar Islamic at the awards ceremony were Mr Fahad Akbar Al Zadjali, Head of Islamic Banking, and Dr Al Muatasim Al Mutairi, Vice President and Head of Investment Islamic Banking.

“ Innovation is integral to the evolution of Shariah-compliant banking,” said Fahad Akbar.“ At Sohar Islamic, we integrate cutting-edge financial technologies with Islamic values to meet the dynamic needs of our customers,” added Fahad Akbar.

Sohar Islamic has made significant strides in digital transformation, leveraging AI-powered financial tools and seamless digital platforms. Its unique Islamic financial offerings, including structured investments and adaptable digital banking services, continue to set new benchmarks in the industry.

The bank’ s efforts also extend to promoting financial inclusion and supporting national economic growth through Shariah-compliant financing.

In addition to this achievement, Sohar Islamic and its parent company were recently honoured with the IPO Deal of the Year 2024 for their pivotal role as Sharia Advisor in the largest equity capital deal in Oman and the Middle East.

As the Islamic finance landscape evolves, Sohar Islamic remains at the forefront – delivering solutions that not only align with Islamic principles but also meet the aspirations of today’ s consumers, proving that ethical banking and innovation can go hand in hand.

The 2nd Global Islamic FinTech Forum 2025( GIFT 2025)

THE 2nd Global Islamic Fintech Forum 2025( GIFT 2025) will take place on Apr 15, 2025, at the Dusit Thani Hotel, Dubai. The event is organised by the AlHuda Centre of Islamic Banking and Economics( CIBE) and will gather global industry leaders, investors, and regulators to discuss the future of Islamic FinTech.

The forum will focus on integrating technologies such as Blockchain, Artificial Intelligence( AI), Big Data, and digital payment with Shariahcompliant finance. The Islamic Fintech market, valued at US $ 100 billion, is projected to reach US $ 180 billion by 2026.

AlHuda CIBE Managing Director Muhammad Zubair emphasised that GIFT 2025 aims to drive innovation and financial inclusion worldwide.

A post-event workshop on April 16 will provide hands-on training in regulatory frameworks and implementation strategies. The forum offers networking and sponsorship opportunities for businesses in the Islamic FinTech sector. –