Hackers stole the equivalent of roughly $90 million from Iran’s largest cryptocurrency exchange on Wednesday, according to multiple independent crypto-tracking firms. A skilled pro-Israel hacking ...

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 ...

While Islamic banking is expanding despite the governance problems of some lenders led by the controversial S Alam Group, Bangladesh Bank Governor Ahsan H Mansur recently signalled that the ...

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 ...

a subsidiary of the Saudi National Bank of the Kingdom of Saudi Arabia, has announced plans to convert from a conventional to an Islamic bank. The bank disclosed the development in its notice to ...

The Islamic banking sector in Egypt reached EGP 1.14trn in 2024, representing approximately 5% of the total banking market, according to Mohamed El-Beltagy, Chairperson of the Egyptian Islamic Finance ...

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 ...

Shariah scholars, bankers and business leaders have called for the promotion of Islamic banking by offering interest-free loans. They argue that Islamic banking has become unavoidable in the ...