Economy

Bybit, a leading cryptocurrency exchange, has introduced its Islamic Account, the first global platform of its kind, Globe News Wire reported yesterday. Designed to comply with Islamic law, the account offers a range of Shariah-compliant trading products, including spot trading,…

A new study suggests that wealthy nations could generate up to $5 trillion per year for climate finance by implementing measures like windfall taxes on fossil fuels, ending harmful subsidies, and imposing a wealth tax on billionaires, The Guardian reported…

Bitcoin has surged to a dominance level of 57.68%, the highest since April 2019, sparking speculation about a significant market rally, Khaama Press reported yesterday. Currently priced at $59,179, Bitcoin’s recent breakout has caught the attention of investors, particularly as…

Islamic finance is projected to surpass conventional banking growth in the Gulf Cooperation Council (GCC) region, driven by robust economic expansion and increasing demand for Shariah-compliant products, Middle East Monitor reported yesterday citing Moody’s Ratings. Saudi Arabia leads with 85%…