MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is streamlining regulations on Islamic banking in the country, easing capitalization requirements for Islamic banking units (IBUs ...

NCC Bank has recently launched its Islamic banking window at the Gulshan, Baridhara, Dhanmondi, and Shyamoli branches to expand its services according to Islamic Shariah. The formal inauguration of ...

IFIs’ margins remain healthy and above those of conventional banks. According to S&P Global Market Intelligence data, returns for the Islamic Banking Sector in 2024 were stable at 1.7%, matching the ...

UAE’s digital-first Islamic bank ruya announced enabling customers to buy and sell cryptocurrencies such as Bitcoin directly through its mobile app. The new service is offered in partnership with Fuze ...

In a global first, UAE-based Islamic bank ruya launches Shari’ah-compliant cryptocurrency investment services, enabling customers to buy and sell Bitcoin and other virtual assets through its mobile ...

Tuum, the core banking provider, announced the launch of its foundational Islamic Banking and Finance solutions, marking a key milestone towards delivering comprehensive, Sharia-compliant ...

There is no second opinion that 50 years of Islamic banking in the UAE reflects a remarkable journey characterised by growth, innovation, and resilience. The sector has not only enriched the ...

Dubai Islamic Bank (DIB), the UAE's largest Islamic bank, has announced the launch of the DIB Academy, a new institutional platform designed to embed structured, certified, and inclusive learning ...

According to a statement on Monday, the ‘Best Islamic Bank in Nigeria’ award was won by TAJBank through a global survey/poll conducted by the Islamic Finance News Awards. The IFN Award honours ...

Following the country’s ambitious climate-positive actions, Dubai Islamic Bank (DIB), the largest Islamic bank in the United Arab Emirates, has announced its inaugural Sustainability-Linked ...

Bank of Khyber (BoK) has formally initiated its transition into a full-fledged Islamic bank, the bank shared the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday.

The Muslim community in Ghana is growing rapidly, making it essential for the banking sector to introduce Islamic banking. This initiative aligns with the promise made by President John Dramani ...