Prior to 1985, there were no Islamic banks in Pakistan. Fast forward to today and there are six full-fledged Islamic banks (IBs) and 16 Islamic Banking Branch Networks (IBBs). These are Islamic ...

Sheikh Abdullah Saleh Kamel urges the reactivation of participation-based investment accounts as a key driver of Islamic ...

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, ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Investopedia / Jiaqi ...

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.

Recent years have seen sustainability and ethical choices bubble over into public consciousness, and they are increasingly influencing where consumers choose to bank. For this reason, many ...

Tuum, the core banking provider, announced the launch of its foundational Islamic Banking and Finance solutions, marking a key milestone towards delivering comprehensive, Sharia-compliant financial ...

Standard Bank Shari’ah Banking has emerged as the driving force behind the growth of Islamic finance in South Africa and is positioning itself as a strategic platform for Shariah-compliant banking ...

Emirates Islamic Bank has consistently demonstrated innovation and leadership, particularly in the Islamic digital banking domain. The first Islamic bank in the UAE to introduce Shariah-compliant ...

Mambu, a banking and payments platform, announced the launch of its enhanced Islamic banking capabilities, designed to enable financial institutions to “build, deploy, and scale Shari’ah-compliant ...