Standard Bank’s Shari’ah Banking has been crowned Africa’s Best Islamic Bank for the second consecutive year at the 2025 Euromoney Islamic Finance Awards. The bank also received the award ...

“This will give an avenue for businessmen, our Muslim entrepreneurs, in the city to experience the Islamic Banking System.” Malaysian Consul General Deddy Faisal Ahmad Salleh describes the forum.

1 June, Muscat: Demonstrating its relentless pursuit of excellence, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, secured two prestigious accolades at the 10th ...

NCC Bank PLC has opened a new Shariah-compliant banking branch in Muradpur, Chattogram today. Md Nurun Newaz Salim, chairman of the bank, inaugurated the branch as the chief guest, according to a ...

Sharjah Islamic Bank (SIB) has successfully priced US$ 500 million perpetual Additional Tier 1 sukuk with a fixed profit rate of 6.125 percent and a six-year non-call period, making a mark as the ...

Bangladesh Bank plans to merge five troubled Islamic banks in what could be the country’s largest financial sector consolidation in recent memory. The formal merger process will begin in July ...

Introducing Islamic banking, which is explicitly Sharia-compliant, risks creating a parallel financial system that could be perceived as a step toward Islamizing public institutions—a concern ...

This event is commemorated by the issuance of 7,000 elegantly crafted silver coins Dubai: The Central Bank of the UAE (CBUAE), in collaboration with Dubai Islamic Bank (DIB), has rolled out a ...

On Tuesday 3 June 2025, Qatar Islamic Bank (“QIB”), rated A1 by Moody’s and A by Fitch, successfully issued a USD 750 million Sukuk with a profit rate of 4.803% and tenor of 5 years. The profit rate ...

Dubai: Diamond Standard Co., the US-based producer of the world’s only regulator-approved diamond commodities, has received a Fatwa endorsing its diamond products for use in Islamic finance.

MELAKA, June 9 (Bernama) -- The opening of Bank Muamalat Malaysia Bhd’s new branch in Melaka, launched today, strengthens the bank’s commitment to expanding its Islamic banking network and services in ...