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 ...

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 ...

BankIslami has been recognized among the nation’s leading Islamic financial institutions, winning two major distinctions, ...

Committed to its mission of advancing Islamic banking in Pakistan, BankIslami has further strengthened ‘aik’— the country’s ...

Islamic finance has long since reached a point of critical mass. The exuberant innovation of the early 2000s has been replaced by a mood of careful consolidation. Islamic finance assets were worth ...

Nigeria’s Islamic banking sector has expanded as Summit Bank launches, joining four others, offering interest-free, ethical ...

JEDDAH, Saudi Arabia (Reuters) - The global financial crisis is an opportunity for Sharia-compliant Islamic banking to further its position internationally, bankers said at a forum in Saudi Arabia on ...

Centre of Islamic Finance, Institute of Business Management Sciences (IBMS), University of Agriculture Faisalabad (UAF) has ...

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

Nigeria’s fast-developing Islamic banking system has been selected as a study model for the emerging Islamic banking in The Gambia. Delegates from The Gambia were at Nigeria’s premier non-interest ...

"It comes to the parallel functioning of the traditional and Islamic banking sectors, as has already been implemented in Malaysia, Kazakhstan, and Azerbaijan," Deputy Economic Development Minister ...

Deposits flowing to Islamic banks rose in the April-June quarter of 2025, buoyed by a sharp increase in the number of customers thanks to a renewal of confidence. Total deposits stood at Tk 4.57 lakh ...