AEON Bank’s Islamic Digital Bank Expected to Break Even in Five Years
KUALA LUMPUR— Aeon Bank (M) Bhd is making waves in the digital banking sector with its new Islamic digital bank, which is expected to break break-even …
Islamic Banking
Top UK Banks Offering Islamic and Halal Mortgages
In the UK, the interest in Islamic mortgages is on the rise among Muslims looking for home financing that adheres to Sharia law. This detailed guide …
How Islamic Banks Thrive Without Charging Interest—Winning Over Non-Muslim Customers
Conventional finance, with its reliance on loans, mortgages, and interest payments, is essential for modern business operations. However, in the …
ADIB Reaches 1 Million Users on Its Mobile Banking App
Abu Dhabi Islamic Bank (ADIB), a prominent Islamic financial institution, has recently celebrated a significant digital milestone: surpassing one …
Bangladesh Hosts Shariah Audit Training for Islamic Banks
The five-day training course on “Shariah Audit of Islamic Banking Operations,” jointly organized by the Central Shariah Board for Islamic Banks of …
Pak-Qatar Family Takaful Announces Waqas Ahmad as New CEO
Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Shariah-compliant Family Takaful solutions, is excited to announce the appointment of …
CSBIB and BIBM Host Seminar on Islamic Banking in Dhaka
The Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) and the Bangladesh Institute of Bank Management (BIBM) jointly organized a national …
Amana Bank Receives Global Acclaim Again at World’s Best Bank Awards
Amana Bank has once again earned the prestigious title of ‘Sri Lanka’s Best Islamic Finance Institution’ at the 17th World’s Best Bank Awards 2024 by …
IsDBI and CIBAFI Join Forces to Propel Sustainable Development via Islamic Finance
In a significant move to advance Islamic finance and foster sustainable development, the Islamic Development Bank Institute (IsDBI) and the General …
UAE Islamic Banks’ Assets Exceed $195 Billion
The Islamic banking sector in the UAE is witnessing remarkable growth, with assets now surpassing $195 billion. According to the latest data from the …
Saudi Fund Governor Highlights Islamic Finance’s Capacity to Nurture Ecosystems
In a compelling address at the 18th Islamic Development Bank Global Forum on Islamic Finance, Dr. Stephen Groff, Governor of the National Development …
Can Islamic Finance Challenge Traditional Banking?
In the dynamic world of finance, the rise of Islamic finance presents an intriguing question: Can Islamic Finance Challenge Traditional Banking? Saudi …