BankIslami is engaging clerics from various religious backgrounds to foster understanding and trust in the benefits of joining the Islamic banking network UNITED ARAB ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This initiative focuses on the key principles of Islamic banking, laying ...

Malaysian authorities have approved the first stablecoin-powered Islamic digital bank by granting Shariah-compliant financial services firm Fasset a provisional license from the Labuan Financial ...

The State Duma, the Russian parliament's lower chamber, on July 19 approved in its final reading a bill allowing an experiment to introduce the Islamic banking system in the country's four mostly ...

Full-fledged Islamic banks have emerged, while conventional banks have launched Islamic windows or subsidiaries to offer Shariah-compliant products. The journey of Islamic banking in Kenya began two ...

By Adnan Adams MOHAMMEDI am compelled to respond to a ‘purported’ academic article written by Dr Atuahene Akwasi Atuahene titled “Potential challenges, Issues that could hamper the establishment and ...

Islamic banking is quietly becoming a major part of the financial services industry worldwide. According to a report by international financial data and market services firm LSEG and the Islamic ...

A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected. A central bank digital currency can impact monetary policy by ...

THE BANGKO SENTRAL ng Pilipinas (BSP) has streamlined its guidelines covering the establishment of Islamic banks and banking units to help support the sector’s growth. In a circular dated Oct. 17, the ...

MULTAN, Oct 22 (APP):Chief Manager State Bank of Pakistan (SBP) Multan Zaheer Sabir said that the SBP was actively working on multiple initiatives to empower women economically, and Women ...