Bank Muamalat, CGC Launch Halal Guarantee-i Scheme for SMEs
In a bold step to reinforce Malaysia’s halal economy, Bank Muamalat Malaysia Berhad, in partnership with Credit Guarantee Corporation Malaysia …
Islamic Banking
Bank Rakyat Appoints Ahmad Shahril Shariff as Acting CEO
KUALA LUMPUR – Bank Rakyat, Malaysia’s prominent Islamic cooperative bank, has taken a significant step to ensure consistent leadership and …
Islamic Retail Banking Summit 2024 on Sustainable and Inclusive Growth
The Islamic Retail Banking Summit 2024, set to take place on November 26 in Dubai, aims to explore crucial themes around sustainable and inclusive …
OJK Unveils 2024 Guidelines for Sharia-Compliant Banking Products
In recent years, Islamic finance has grown as a significant part of the global financial system, appealing to Muslim and non-Muslim clients alike who …
Global Finance Names KFH Best Islamic Financial Institution 2024
Kuwait Finance House (KFH), a powerhouse in Shariah-compliant financial services, has been awarded the esteemed title of “Best Islamic Financial …
Muzn Islamic Banking Opens New Ibra Branch for Enhanced Service
In an exciting development for Oman’s financial sector, Muzn Islamic Banking, the dedicated Islamic finance division of the National Bank of Oman …
Warba Bank Appoints Abdullah Fakhro as Executive Director for Sharia Management
KUWAIT CITY — In a strategic move aimed at enhancing its leadership in Islamic finance, Warba Bank has appointed Abdullah Abdul Rahim Fakhro as the …
Borong and Maybank Launch Malaysia’s First B2B Halal Marketplace
In a significant development for Malaysia’s halal industry, Borong, a leading wholesale business-to-business (B2B) e-commerce platform, has joined …
ADIB Wins Best SME Bank in UAE Award
Abu Dhabi Islamic Bank (ADIB) has achieved a significant milestone by being recognized as the “Best SME Bank in UAE” at the 2025 Global …
Pakistani Senate Passes Bill to Boost Islamic Banking
The passage of the Banking Companies Amendment Bill 2024 by the Pakistani Senate marks a pivotal development in the country’s ongoing efforts to …
Riyadh Hosts 3rd Zakat, Tax & Customs Conference in December, 2024
The Third Zakat, Tax & Customs Conference, scheduled for December 4-5, 2024, in Riyadh, Saudi Arabia, is set to be a landmark event for …
Taking loan from So Called ‘Islamic Banks”
Taking a loan is a significant financial decision, and when considering Islamic banks, the choices can seem even more complex. These institutions …