Eastern Bank Launches Islamic Banking in Bangladesh
In a major development for the financial sector in Bangladesh, Eastern Bank has officially launched its Islamic banking services, marking a …
Islamic Banking
Islamic Development Bank Opens Two New Hospitals in Indonesia
On August 31, 2024, Indonesia reached a significant milestone in its healthcare sector with the inauguration of two state-of-the-art hospitals by …
Islamic Banks Provide More Affordable Financing, Say Experts
Islamic banking in Pakistan has undergone a significant transformation, evolving from a niche offering into a mainstream component of the financial …
London Stock Exchange Marks Warba Bank’s Sustainable Sukuk Issuance
Warba Bank, a leading Islamic financial institution in Kuwait, has once again demonstrated its commitment to innovation and sustainability by …
Amana Bank Sri Lanka Named Best Islamic Bank in South Asia
Amana Bank has recently been adorned with the prestigious title of ‘Best Islamic Bank in South Asia 2024’ by Brands Review Magazine Awards. This …
Maldives Hosts Global Islamic Finance Summit 2024
The Islamic finance industry is witnessing an unprecedented surge in interest. It is driven by its ethical principles, focus on social responsibility …
Maybank Becomes First Commercial Bank to Offer Islamic Banking in the Philippines
Maybank Islamic Banking has recently made headlines by becoming the Philippines’s first private commercial bank to offer Shariah-compliant services, …
2025 IsDB Prize Nominations Open: Honoring Excellence in Islamic Economics
The Islamic Development Bank Institute (IsDBI) is excited to announce the opening of nominations for the prestigious IsDB Prize for Impactful …
Muhammad Rafe Appointed CEO of MBSB Bank Starting August 19, 2024
MBSB Bank Bhd, a leading entity in Malaysia’s Islamic finance sector, has recently made headlines with the appointment of Mohamed Rafe Mohamed …
SECP Develops Alternate Shariah-Compliant Structure for Short-Term Sukuk Issuance
Islamabad — The Securities and Exchange Commission of Pakistan (SECP) is making significant strides in developing the country’s financial markets by …
RAM Ratings Affirms A2/Stable/P1 Rating for Bank Muamalat
RAM Ratings has reaffirmed Bank Muamalat Malaysia Berhad’s (Bank Muamalat) financial institution ratings (FIRs) at A2/Stable/P1. Additionally, the …
Dr. Muneeza Appointed to Shariah Committee at Maldives Islamic Bank
In a notable development for the Islamic finance sector, Dr. Aishath Muneeza has been appointed to the Shariah Committee of the Maldives Islamic Bank …