Latest news with #MuhammadZubair
Khaleej Times
22-05-2025
- Politics
- Khaleej Times
Sifting through the rubble of Pakistan-India conflict
Two weeks after Pakistan and India's most intense military clashes in decades, clearance teams along the border comb through fields for unexploded shells so residents can safely build back from the rubble of their homes. Around 70 people, mostly Pakistanis, were killed in the four-day conflict that spread beyond divided Kashmir, over which the neighbours have fought three major wars. The military confrontation — involving intense tit-for-tat drone, missile, aerial combat and artillery exchanges — came to an abrupt end after US President Donald Trump announced a surprise ceasefire, which is still holding. On the Pakistan side of Kashmir, 500 buildings were damaged or destroyed — including nearly 50 in the picturesque Neelum Valley, where two people were killed. "There is a possibility that there are unexploded shells still embedded in the ground," said local official Muhammad Kamran, who has been helping clear educational institutions near the border. Unexploded ordnance dating from conflicts past killed several children in 2021 and 2022 in Pakistan-administered Kashmir. 'We are brave' Headmaster Muhammad Zubair follows a mine detector into a classroom of his high school in the valley where a writing on a whiteboard standing in the debris reads "we are brave" in English. "Although the fighting has stopped, people still hold so much fear and anxiety," he told AFP. "Despite calling them back to school, children are not showing up." Abdul Rasheed, a power department official, said he worked "day and night" to repair power lines damaged by Indian firing. Over the years, investment in roads has helped to create a modest tourism sector in the Neelum Valley, attracting Pakistanis who come to marvel at the Himalayan mountains. Hotels reopened on Monday, but they remain deserted in the middle of peak season. Alif Jan, 76, who has lived through multiple clashes between the two sides, is yet to call her grandchildren back to her border village after sending them away during the latest hostilities. "It was a very difficult time. It was like doomsday had arrived," she said. The children were sent to Kashmir's main city of Muzaffarabad, usually safe but this time targeted with an Indian air strike. Waiting for compensation Jan wants to be certain the fighting doesn't resume and that she has enough to feed them before they eventually return. In a schoolyard, she collects a 20-kilogramme (45-pound) bag of flour, a can of oil, and some medicine from a local NGO. Thousands of other families are still waiting to be relocated or compensated for damage. "We have identified 5,000 families," said Fawad Aslam, the programme manager of local aid group. "Our first priority is families who suffered direct damage, while the second priority is those who were forced to migrate -- people who had to leave their homes and are now living in camps or temporary shelters." For 25-year-old Numan Butt whose brother was killed by shrapnel, the aid is little consolation. "This conflict keeps coming upon us; this oppression is ongoing," he told AFP. "It is a good thing that they have agreed to peace, but the brother I have lost will never come back."
Yahoo
18-04-2025
- Business
- Yahoo
Global Islamic Fintech Forum Kicks off in Dubai
AlHuda CIBE Convenes Leaders to Discuss Innovation and Technological Advancements DUBAI, United Arab Emirates, April 18, 2025 (GLOBE NEWSWIRE) -- AlHuda Centre of Islamic Banking and Economics (CIBE) successfully concluded the 2nd Global Islamic FinTech Forum 2025 on April 15, 2025, at the Dusit Thani Hotel in Dubai, United Arab Emirates. This pivotal event convened a diverse and influential gathering of industry leaders, policymakers, Shariah scholars, and technology innovators from 30 countries across different continents, all united to explore the transformative potential of Islamic FinTech and its evolving landscape. The forum delivered a dynamic program featuring keynote addresses, engaging panel discussions, and specialized technical sessions, providing a platform for in-depth analysis of the latest trends, opportunities, and challenges within the Islamic FinTech sector. This prestigious event was sponsored by Smart System Marine Equipment Repairing LLC, Wave, Royal Bullion Capital Trading LLC, Infoland – Custom Software Development & Digital Solutions, and DALO Enterprises. The event commenced with an insightful Welcome Address by Mr. Muhammad Zubair, Managing Director of AlHuda CIBE FZ LLE, UAE, which set the tone for the forum's focus on innovation and the future of Islamic finance. The opening ceremony was further enriched by the presence of esteemed Guests of Honor, including H.E. Haisham Mohamed, Minister Counsellor, Embassy of the Republic of Maldives, UAE, H.E. Nameer Khan, Chairman, MENA Fintech Association, UAE, H.E. Tariq Rashid Mohamed AlGhazal Alsuwaidi, Department of Economic Studies, Ministry of Economy, UAE and H.E. Zayyan Ibrahim, Consul General of the Federal Republic of Nigeria, UAE. These dignitaries highlighted the critical role of Islamic FinTech in driving economic growth and fostering greater financial inclusion worldwide. Throughout the forum, discussions explored a wide spectrum of key themes shaping the trajectory of Islamic FinTech. These included the evolving landscape of Islamic FinTech in cash-focused markets, the application of GenAI in the insurance sector, the strategic importance of technology partners in accelerating growth, Shariah-compliant WealthTech, and sustainable energy solutions within the Islamic FinTech ecosystem. The forum also examined the intersection of Islamic banking and FinTech in the UAE, the revolutionary impact of Blockchain technology on asset management, and the crucial role of Islamic FinTech in promoting financial inclusion. Emerging technologies such as Robo-advisors, Metaverse applications (AR/VR), Neo and Digital Banking platforms, Central Bank Digital Currencies (CBDCs), and Blockchain solutions were also prominent topics of discussion, highlighting their increasing integration within Islamic FinTech. Notably, the forum addressed the anticipated emergence of Metaverse (Islamic) banks within the next five years, signaling a significant shift towards immersive digital financial experiences. A central focus of the forum was the remarkable growth of the Islamic FinTech sector, which is expanding at a faster rate than any other component of the Islamic finance industry. The global Islamic FinTech market is currently comprised of 512 companies and is projected to exceed 1000+ by 2027, demonstrating the sector's increasing prominence and its potential to provide ethical and inclusive financial solutions. Mr. Zubair Mughal, CEO of AlHuda CIBE, emphasized the transformative power of Islamic FinTech, stating, 'The Islamic FinTech industry is poised to reshape the future of finance by offering sustainable and inclusive financial solutions. This industry enables ethical innovation across sectors such as alternative finance, Blockchain, crowdfunding, and digital banking, enhancing financial inclusion while adhering to Shariah principles'. Moreover, the forum was followed by one day post event workshop on 'Operational and Practical Aspects of Islamic FinTech' dated 16th April, 2025. The workshop covered industry emerging topics. For more details visit: Looking ahead, AlHuda CIBE announced its plans to launch a dedicated trading forum for Shariah-compliant Carbon Credits in 2025, further demonstrating its commitment to promoting sustainable and ethical financial practices. The forum also hosted the 2nd Global Islamic FinTech Awards Distribution Ceremony, recognizing outstanding contributions and innovations within the industry. Mr. Ali Zeb Khan, Trade & Investment Counsellor Consulate General of Pakistan, UAE, served as the Chief Guest for this prestigious event. About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc., side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: For Media Contact: Ms. Shaguftta Perveeninfo@ in to access your portfolio
Zawya
15-04-2025
- Business
- Zawya
Global Islamic Fintech Forum kicks off in Dubai
Dubai – UAE: Al-Huda Centre of Islamic Banking and Economics (CIBE) successfully concluded the 2nd Global Islamic FinTech Forum 2025 on April 15, 2025, at the Dusit Thani Hotel in Dubai, United Arab Emirates. This pivotal event convened a diverse and influential gathering of industry leaders, policymakers, Shariah scholars, and technology innovators from 30 countries across different continents, all united to explore the transformative potential of Islamic FinTech and its evolving landscape. The forum delivered a dynamic program featuring keynote addresses, engaging panel discussions, and specialized technical sessions, providing a platform for in-depth analysis of the latest trends, opportunities, and challenges within the Islamic FinTech sector. This prestigious event was sponsored by Smart System Marine Equipment Repairing LLC, Wave, Royal Bullion Capital Trading LLC, Infoland – Custom Software Development & Digital Solutions, and DALO Enterprises. The event commenced with an insightful Welcome Address by Mr. Muhammad Zubair, Managing Director of AlHuda CIBE FZ LLE, UAE, which set the tone for the forum's focus on innovation and the future of Islamic finance. The opening ceremony was further enriched by the presence of esteemed Guests of Honor, including H.E. Haisham Mohamed, Minister Counsellor, Embassy of the Republic of Maldives, UAE; UAE; H.E. Nameer Khan, Chairman, MENA Fintech Association, UAE, H.E. Tariq Rashid Mohamed AlGhazal Alsuwaidi, Department of Economic Studies, Ministry of Economy, UAE and H.E. Zayyan Ibrahim, Consul General of the Federal Republic of Nigeria, UAE. These dignitaries highlighted the critical role of Islamic FinTech in driving economic growth and fostering greater financial inclusion worldwide. Throughout the forum, discussions explored a wide spectrum of key themes shaping the trajectory of Islamic FinTech. These included the evolving landscape of Islamic FinTech in cash-focused markets, the application of GenAI in the insurance sector, the strategic importance of technology partners in accelerating growth, Shariah-compliant WealthTech, and sustainable energy solutions within the Islamic FinTech ecosystem. The forum also examined the intersection of Islamic banking and FinTech in the UAE, the revolutionary impact of Blockchain technology on asset management, and the crucial role of Islamic FinTech in promoting financial inclusion. Emerging technologies such as Robo-advisors, Metaverse applications (AR/VR), Neo and Digital Banking platforms, Central Bank Digital Currencies (CBDCs), and Blockchain solutions were also prominent topics of discussion, highlighting their increasing integration within Islamic FinTech. Notably, the forum addressed the anticipated emergence of Metaverse (Islamic) banks within the next five years, signaling a significant shift towards immersive digital financial experiences. A central focus of the forum was the remarkable growth of the Islamic FinTech sector, which is expanding at a faster rate than any other component of the Islamic finance industry. The global Islamic FinTech market is currently comprised of 512 companies and is projected to exceed 1000+ by 2027, demonstrating the sector's increasing prominence and its potential to provide ethical and inclusive financial solutions. Mr. Zubair Mughal, CEO of AlHuda CIBE, emphasized the transformative power of Islamic FinTech, stating, 'The Islamic FinTech industry is poised to reshape the future of finance by offering sustainable and inclusive financial solutions. This industry enables ethical innovation across sectors such as alternative finance, Blockchain, crowdfunding, and digital banking, enhancing financial inclusion while adhering to Shariah principles'. Moreover, the forum will be followed by one day post event workshop on 'Operational and Practical Aspects of Islamic FinTech' dated 16th April, 2025. The workshop will be covering industry emerging topics. For more details visit: Looking ahead, AlHuda CIBE announced its plans to launch a dedicated trading forum for Shariah-compliant Carbon Credits in 2025, further demonstrating its commitment to promoting sustainable and ethical financial practices. The forum also hosted the 2nd Global Islamic FinTech Awards Distribution Ceremony, recognizing outstanding contributions and innovations within the industry. Mr. Ali Zeb Khan, Trade & Investment Counsellor Consulate General of Pakistan, UAE, served as the Chief Guest for this prestigious event. About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit:
Zawya
09-04-2025
- Business
- Zawya
Dubai to host the 2nd Global Islamic FinTech Awards 2025
Dubai – UAE: The 2nd Global Islamic FinTech Awards organized by AlHuda Centre of Islamic Banking and Economics (CIBE) will take place on April 15, 2025 at the Dusit Thani Hotel Dubai, UAE. This esteemed event will recognize and honor groundbreaking achievements in Islamic FinTech, spotlighting the individuals, organizations and initiatives that are driving the convergence of financial technology and Shariah-compliant solutions. As the Islamic FinTech sector continues to flourish—valued at $100 billion and projected to reach $180 billion by 2026—the awards ceremony will serve as a global platform to celebrate innovation, ethical finance, and financial inclusion. The event will coincide with the 2nd Global Islamic FinTech Forum (GIFT 2025), creating a synergistic environment for knowledge-sharing, networking, and collaboration among industry leaders, regulators, and innovators. They will explore cutting-edge developments in digital payments, Blockchain solutions, Islamic crowdfunding, and wealth management. The awards will honor achievements across a diverse range of categories, including Best Islamic FinTech Startup, Shariah-Compliant Investment Platforms, Tech for Social Good, Best Islamic Digital Bank, and Best Islamic Blockchain Solution. Other notable categories include Best Islamic Cryptocurrency and Excellence in Islamic FinTech Regulation, showcasing the breadth of innovation in the sector. Nominations are open through self-submissions or research-based recommendations by AlHuda CIBE's expert team. The deadline for submissions is April 12, 2025 with finalists announced on April 13, 2025. Mr. Muhammad Zubair, Managing Director of AlHuda CIBE, emphasized the significance of the awards: "The Global Islamic FinTech Awards are more than just recognition—they are a catalyst for growth and innovation in ethical finance. By honoring trailblazers in this space, we inspire further advancements that align with Islamic principles while addressing global financial challenges." Organizations and individuals are invited to submit nominations by completing the Awards Form available at and emailing it to info@ Attendees can also register to witness the celebration of excellence at the Dusit Thani Hotel, UAE. 2nd Global Islamic Fintech Awards 2025 is a must-attend event for FinTech entrepreneurs, investors, policymakers and Islamic finance professionals seeking to shape the future of ethical digital finance. About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit:
Zawya
25-03-2025
- Automotive
- Zawya
AlHuda CIBE and Autosoft Dynamics agreement inked to promote end-to-end Islamic banking suite
Dubai – UAE: Alhuda Center of Islamic Banking and Economics (CIBE), a globally recognized leader in promoting Islamic banking and finance, has signed a landmark agreement with Autosoft Dynamics, a renowned banking software solutions provider, to introduce cutting-edge core banking system along with end-to-end Shariah Compliant Islamic Suite (Consumer & Commercial) for Banking / Non-Banking / Microfinance and Lending Portfolio new setups and conversions. This collaboration aims to address the growing demand for high-quality Shariah Compliant Banking systems in the rapidly expanding market. This partnership between Alhuda CIBE and Autosoft Dynamics is set to bridge the gap of the scarcity of availability of Sharia-compliant banking suites. Mr. Muhammad Zubair, CEO of AlHuda CIBE, expressed his enthusiasm about this partnership: "We are excited to join hands with Autosoft Dynamics. This collaboration is a significant step in revolutionizing the global Islamic banking sector by providing specialized and advanced solutions tailored for specific markets and as per local regulations and statutory compliance. Our goal is to equip financial institutions with the best tools to enhance efficiency, transparency, and compliance with Islamic financial principles." He added that, together with AutoSoft Dynamics, we will empower Islamic financial institutions to operate more efficiently, transparently, and fully in compliance with Sharia principles. We are confident that together, we will set a new standard in the industry and contribute to the sustainable growth of Islamic banking worldwide. AlHuda CIBE and Autosoft Dynamics have worked together for over 20 years as trusted partners in promoting innovation and excellence in Islamic finance technology. This agreement strengthens their long-standing relationship, paving the way for groundbreaking advancements in the sector. AutoSoft Dynamics, Pakistan's leading provider of financial and banking automation solutions, is part of Constellation Software Inc. (CSI), Canada's largest software company with operations in 100+ countries. With a commitment to innovation, AutoSoft is transforming banking through its cutting-edge solutions entailing microservices architecture, API-driven open banking, and flexible cloud, on-premises, and hybrid deployments. Serving commercial banks, retail banks, MFIs, and DFIs, AutoSoft offers highly configurable and parameterizable solutions and is backed by 24/7 expert support. With over 3,300 successful banking site installations across the Middle East, Asia, and Africa, AutoSoft continues to drive efficiently, enhance customer service, and minimize implementation risks for financial institutions. Mr. Shahzad Rafique, COO of Autosoft Dynamics, highlighted the significance of this partnership: " we are excited to collaborate with AlHuda CIBE to offer a world-class Islamic Banking MIS system. Our mission has always been to provide financial institutions with innovative and efficient solutions. With this partnership, we aim to support the growing Islamic banking industry with advanced technology that meets the highest standards." About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: For Media Contact: Ms. Shaguftta Perveen Manager Communications info@
