Latest news with #MuhammadZubair
Zawya
10-07-2025
- Business
- Zawya
AlHuda CIBE to host landmark Forum on Islamic Banking and Finance in London
Dubai – UAE: AlHuda Centre of Islamic Banking and Economics (CIBE) is proud to announce the upcoming Forum on Islamic Banking and Finance, set to take place on August 23, 2025, at the prestigious Islamic Cultural Centre in London, UK. Under the theme 'Advancing Islamic Finance in a Global Financial Hub', this high-profile event will bring together industry leaders, policymakers, Shariah scholars, and financial experts to explore the latest trends, challenges, and opportunities in the rapidly growing Islamic finance sector. The forum will serve as a dynamic platform to foster dialogue, share global best practices, and strengthen the UK's position as a leading hub for Islamic finance in Europe. With sessions covering Islamic banking, Sukuk, Takaful, and Shariah-compliant investments, attendees will gain actionable insights into regulatory developments, fintech innovations, and the convergence of ethical finance with Environmental, Social, and Governance (ESG) principles. Mr. Muhammad Zubair, CEO of AlHuda CIBE, emphasized the forum's significance, stating, 'The UK has long been a pioneer in embracing Islamic finance, and this forum represents a pivotal opportunity to strengthen its role as a global leader. By bringing together key stakeholders, we aim to foster collaboration, address challenges, and unlock new opportunities in Shariah-compliant banking, Sukuk, Takaful, and ethical investments. This event will not only highlight the UK's progressive regulatory environment but also showcase how Islamic finance aligns with broader goals of financial inclusion and sustainability.' The forum will include keynote addresses, panel discussions, and networking opportunities, where participants can engage with thought leaders and professionals shaping the future of Islamic finance. The forum is designed for banking and finance professionals, regulators, asset managers, Shariah advisors, academics, and fintech innovators seeking to deepen their knowledge and explore partnerships in the Islamic finance industry. With limited sponsorship opportunities and early bird registration discounts available until July 23, 2025. 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.
Zawya
07-07-2025
- Business
- Zawya
AlHuda CIBE highlights Islamic microfinance growth in Central Asia
Dubai – UAE: AlHuda Centre of Islamic Banking and Economics (CIBE), a global leader in Islamic finance development, proudly highlights the growing momentum of Islamic microfinance across Central Asia. With over 20 years of dedicated service in the CIS region, AlHuda CIBE continues to empower underserved communities, support policy development, and enhance institutional capacities for inclusive and ethical financial growth. Rooted in Sharia principles—such as the prohibition of interest (riba), promotion of risk-sharing, and social justice—Islamic microfinance has become a transformative tool for poverty alleviation and entrepreneurship. It provides ethically grounded financial services to low-income households and small businesses who are traditionally excluded from conventional banking. As of 2024, the Islamic microfinance market in Central Asia has grown to an estimated USD 200 million, with a client base comprising micro-entrepreneurs, farmers, and small enterprises. The broader Islamic finance sector in the region, excluding multilateral funding, has now surpassed USD 500 million. These figures underscore the sector's growing relevance and potential in countries with significant Muslim populations like Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Azerbaijan. Islamic microfinance in Central Asia is more than a financial model—it is a vehicle for social justice, empowerment, and sustainable development,' said Muhammad Zubair, CEO of AlHuda CIBE. 'Our mission at AlHuda CIBE is to facilitate the adoption of ethical finance and ensure that no community is left behind in the pursuit of prosperity. We are proud to have worked at both government and grassroots levels, offering technical assistance, product development, and capacity building that have directly contributed to the sector advancement'. The growth of Islamic microfinance in Central Asia is driven by supportive government regulations, significant funding and technical assistance from multilateral institutions like the Islamic Development Bank (IsDB)—which has disbursed over USD 9.1 billion to CIS countries by 2023—as well as contributions from the Asian Development Bank (ADB), World Bank, and ICD. Additionally, the rise of fintech innovations such as peer-to-peer lending, mobile banking, and Sharia-compliant Buy Now, Pay Later (BNPL) models, particularly in Uzbekistan and Tajikistan, is accelerating financial inclusion across the region. Notably, Islamic financial institutions such as Zaman Bank, ADCB Islamic Bank, Al Saqr Finance, Al Safi Bank (Kazakhstan), M-Bulak, Bai-Tushum Bank, Kompanion Bank, AK Karzi, Bereke Finans (Kyrgyzstan), and Microcredit Deposit Organization Humo and Iman (Tajikistan) have been pioneering inclusive Islamic microfinance across the region. Technological advancements are revolutionizing Islamic microfinance in Central Asia, with fintech solutions such as mobile financing, digital onboarding, and peer-to-peer platforms significantly enhancing outreach and operational efficiency. Additionally, the rise of micro-Takaful (Islamic insurance) is providing essential risk protection for underserved populations, further supporting financial resilience and inclusion. This growing ecosystem is also attracting European investors, who view Islamic microfinance in the region as a promising and socially responsible investment opportunity amid low-interest rate environments. Despite the positive outlook, several barriers continue to hinder the growth of Islamic microfinance in Central Asia. These include limited funding availability, inadequate public awareness of Islamic financial principles, weak IT infrastructure, and a shortage of skilled professionals in Shariah-compliant auditing and accounting. AlHuda CIBE is proactively bridging these gaps by offering tailored training programs, Shariah advisory, product development, and technical consultancy services in collaboration with international partners to strengthen the sector's capacity and sustainability. 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:
Times of Oman
20-06-2025
- Health
- Times of Oman
Pakistan reports three deaths from Congo virus
Islamabad [Pakistan]: Three deaths from the Congo virus have been recorded in Pakistan on Thursday, which include two fatalities in Khyber Pakhtunkhwa and one in Karachi, The Express Tribune reported. The victim in Sindh has been identified as a 25-year-old fisherman from Ibrahim Hyderi, while fatalities in Khyber Pakhtunkhwa have been reported from Karak and North Waziristan. Health officials said Muhammad Zubair, a resident of Malir district, first experienced symptoms like high fever, muscle pain, abdominal discomfort, coughing, diarrhoea, bleeding, and loss of consciousness on June 16. He was admitted to Jinnah Hospital, where doctors suspected he had the Congo virus infection. He was shifted to the Sindh Infectious Diseases Hospital due to a lack of specialised treatment facilities, and he died there at 7 am on June 19. The Sindh Health Department has sent an active search and response to the impacted area. Contact tracing efforts have been conducted, with people who were in close contact with the deceased being identified and monitored. So far, no other cases have been reported. Residents and the family of the victim have been advised to follow strict precautionary measures to stop further spread, The Express Tribune reported. The fatality came after another death was reported from the virus earlier this week, when a 42-year-old man from Malir district was taken to Indus Hospital in Korangi on June 16 and died the next day. Two Congo virus patients from Karak and North Waziristan districts died at Hayatabad Medical Complex in Khyber Pakhtunkhwa. These fatalities have increased the death toll in the province to three. Meanwhile, three more patients infected with the virus are receiving treatment in isolation wards at the hospital. Health Advisor Ehtesham Ali said contact tracing and sanitisation operations have begun at the homes of the deceased and the infected, The Express Tribune reported. He further said that the advisory about the Congo virus was shared with all hospitals in Pakistan before Eid al-Adha, as the increased movement and slaughter of sacrificial animals increase the risk of transmission.
Express Tribune
20-06-2025
- Health
- Express Tribune
Second Congo virus death reported in Malir
Sindh has reported its second casualty from the Crimean-Congo Hemorrhagic Fever (CCHF) Known as Congo virus in 2025, after a fisherman from Ibrahim Hyderi died on June 19. A confirmed case of Congo virus was reported in Malir district after 25-year-old fisherman from Ibrahim Hyderi, identified as Muhammad Zubair was admitted to Jinnah Hospital on June 16 with severe symptoms, including high fever, muscle pain, abdominal pain, cough, diarrhea, and bleeding. Upon suspicion of Congo virus infection and due to limited facilities, he was referred to the Sindh Infectious Diseases Hospital & Research Centre (SIDH & RC), where he passed away on June 19. Following the death, the Sindh Health Department has mobilised an Active Search and Response Team to the affected locality. Health officials have gathered information from the family and identified all individuals who were in contact with the patient. As of now, no other person has been reported with the virus. However, residents and family members have been counseled on preventive measures and early symptom detection.
Express Tribune
19-06-2025
- Health
- Express Tribune
Congo virus claims three lives in Pakistan
Listen to article Pakistan has recorded three deaths from Congo virus on Thursday, with two fatalities reported in Khyber-Pakhtunkhwa (K-P) and one in Karachi, Express News reported. The latest victim in Sindh was a 25-year-old fisherman from Ibrahim Hyderi, while the K-P toll includes patients from Karak and North Waziristan. According to health officials, Muhammad Zubair, a resident of Malir district, first exhibited symptoms including high fever, muscle pain, abdominal discomfort, coughing, diarrhea, bleeding, and loss of consciousness on June 16. He was admitted to Jinnah Hospital, where doctors suspected Congo virus infection. Due to the lack of specialized treatment facilities, he was transferred to the Sindh Infectious Diseases Hospital, where he died at 7 am on June 19. Read More: Sindh reports first Congo virus death of 2025 The Sindh Health Department has promptly dispatched an active search and response team to the affected area. Contact tracing efforts have been carried out, with all individuals who had close contact with the deceased identified and monitored. So far, no other cases have been reported. Local residents and the victim's family have been advised to follow strict precautionary measures to prevent further spread. This death follows the province's first reported fatality from the virus earlier this year, when a 42-year-old man from Malir district was admitted to Indus Hospital in Korangi on June 16 and died the next day. In K-P, two Congo virus patients from Karak and North Waziristan districts died at Hayatabad Medical Complex. These fatalities have raised the provincial death toll to three. Also Read: Two Congo virus patient hospitalised at Peshawar's Hayatabad Medical Complex Meanwhile, three additional patients infected with the virus are currently receiving treatment in isolation wards at the hospital. Health Advisor Ehtesham Ali said contact tracing and sanitization operations have been initiated at the homes of the deceased and the infected. He added that an advisory regarding Congo virus had been circulated to all hospitals across Pakistan prior to Eidul Azha, as the increased movement and slaughter of sacrificial animals heighten the risk of transmission. Congo virus is a severe viral disease transmitted primarily through tick bites or contact with the blood and tissues of infected animals, particularly during and immediately after slaughter. The World Health Organization (WHO) reports a case fatality rate of 10-40 per cent, with no vaccine currently available. In April, the National Institute of Health (NIH) issued an advisory urging preventive measures ahead of Eidul Azha, when the movement of sacrificial animals increases.
