Islamic banking is not a niche concept in Saudi Arabia. It is a central part of how the Kingdom’s financial system operates ...

As global finance places greater emphasis on ethics, sustainability, and transparency, Islamic banking has moved firmly into ...

The modern Islamic finance industry is young but evolving rapidly, serving a growing population of Muslims as well as non-Muslims. According to the Global Islamic Finance Markets Report 2019, the ...

Despite the double shock of the COVID-19 pandemic and raging global inflation, momentum from the Islamic finance industry has stepped up – again. While GCC countries are the most important movers, ...

Imagine a bank that doesn’t charge interest, like a Ramadan dinner without bratwurst. That’s what KT Bank AG did in 2015, becoming Europe’s first Islamic bank. It’s located in Frankfurt, known for its ...

A leading Islamic bank in Kuwait renowned for innovation, Boubyan Bank is setting a digital standard for Islamic banking with its holistic, customer-centric ecosystem, says Abdullah Al Tuwaijri, Chief ...

Yesterday, I read the “exposure draft” of the Bank of Ghana’s Guideline for the Regulation and Supervision of Non-Interest Banking. The first thing that struck me is that the central bank’s strategic ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This marks a major milestone following last year’s announcement of Tuum’s ...

On January 14, a Bangladesh Bank (BB) letter announcing a “haircut” on deposit profits (no profit on deposits) for the five merged Islamic banks for 2024 and 2025 took depositors by surprise.

Qatar International Islamic Bank is a commercial bank, which offers personal and corporate Islamic banking solutions. It operates through the following segments: Corporate Banking, Personal Banking, ...

SINGAPORE: Indonesia's PT Bank CIMB Niaga Tbk is exploring an initial public offering of its Islamic banking arm after the ...

Yesterday, I read the “exposure draft” of the Bank of Ghana’s Guideline for the Regulation and Supervision of Non-Interest Banking. The first thing that struck me is that the central bank’s strategic ...