Saudi Arabia’s push to develop more sharia-compliant investment products could attract long-term capital that has struggled to find scalable outlets, the founder of a multi-billion dollar asset management company said this week.

Ramadan (Ramzan) will commence in most parts of the world on Tuesday, while some countries will observe the first fast on Wednesday, subject to sighting of the crescent.

Muslims worldwide are anticipating the crescent moon sighting tonight, February 17, 2026, to mark the beginning of Ramadan 1447 AH. Saudi authorities are urging citizens to report any sightings. If confirmed,

Ramadan, during which hundreds of millions of Muslims around the world observe a fast from sunrise to sunset, traditionally begins with the sighting of the crescent moon.

Add Yahoo as a preferred source to see more of our stories on Google. The final month in the Islamic calendar, Dhul Hijjah, started May 28, and many Muslims are observing the first 10 days as others prepare for the Hajj pilgrimage in Mecca. After the first ...

UAE, Qatar and Palestine commence holy month alongside the Saudis, but other countries like Egypt, Turkey, Jordan, Syria and Oman fail to sight moon and will start on Thursday

Eid al-Adha, the second major Islamic holiday and part of the holy month of Dhul Hijjah, will begin on June 6, 2025. The holiday commemorates Prophet Abraham's willingness to sacrifice his son and involves prayer, family gatherings, and acts of charity.

Al Rajhi Bank proudly stands as the recipient of this year’s Euromoney award for Saudi Arabia’s best Islamic bank, on the heels of a series of remarkable achievements that emphasise the bank’s preeminent position in Islamic finance. For the first ...

Islamic banking is not a niche concept in Saudi Arabia. It is a central part of how the Kingdom’s financial system operates and grows. As the global conversation shifts toward ethical finance, transparency, and sustainability, Islamic banking stands out ...