The total assets of the UAE's Islamic banking during 2021-2024 increased at a much faster pace of 11 per cent CAGR to reach Dh1.089 trillion ($296 billion) as of end-2024. The share of Islamic ...

The global Islamic finance community will join in Uzbekistan this June for the highly anticipated 4th CIS Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics ...

Muscat: NBO Muzn Islamic Banking has announced the signing of two Memoranda of Understanding (MOUs) with Sohar Real Estate Development LLC to support the Hai Majd Project and Zain Property Development ...

Sharjah Islamic Bank (SIB), rated A- by S&P (negative outlook) and BBB+ by Fitch (stable outlook), has mandated banks for a USD benchmark perpetual non-call 6-year AT1 sukuk offering. Arqaam Capital, ...

A representative from the school cited legal and community reasons for the decision. Vulcan denied zoning for 502-acre ...

The report projected Islamic banking assets to grow to $5.2 trillion by 2028 from $4 trillion in 2024. Image: Shutterstock Global Islamic finance assets will reach $7.5 trillion by 2028, up from $5.5 ...

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/), the knowledge beacon of the IsDB Group, is pleased to announce the issuance of its 2024 ...

A vacant office building in Hoover could soon become home to a private religious academy, but the proposal faces scrutiny ...

Bank Syariah has established itself as 2024’s foremost Islamic bank for environmental, social, and governance (ESG), setting new standards for sustainability through innovative issuance, strategy and ...

For this reason, many customers–even those who don’t subscribe to religious beliefs–are seeing the benefits of Islamic banking. In fact, the Islamic finance industry is projected to grow to ...

The Introduction of Islamic Banking: A Threat to Secular Principles The announcement that President John Mahama and the Bank of Ghana are moving to operationalize Islamic banking, a financial ...

“The latest of such is the building and donation of the well-furnished modern Islamic school with support from my friends/associates, which also reflects the core mandate of President Tinubu.