Bank of Ceylon (BOC), the country’s premier state-owned commercial bank, has been awarded “Islamic Retail Bank of the Year – Asia” by The Banker, a Financial Times publication, at its 2025 Islamic ...

The bank also received the award for SA ’ s Best Islamic Bank. In 2024, Standard Bank Shari’ah Banking became the first Sub-Saharan African bank to win the title of Africa’s Best Islamic Bank.

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.

Bangladesh Islamic Bank Merger: 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 ...

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 ...

Global Islamic Finance Leader: UAE's dynamic policies and innovative banking have positioned it as a key player in the $2.44 trillion Islamic finance industry.

The new Oman Banking Law under Royal Decree 2025/2 consists of nine units and 241 articles. However, what is of particular interest in this discussion is the future of Islamic banking in Oman. A ...

In this regard, the bank further informed that the tentative plan of conversion from conventional to Islamic bank will be submitted to the State Bank of Pakistan (SBP). The development comes as ...

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’s profit shoots to Rs3.5bn, 665% higher YoY in 2023 As per SBP’s latest data, assets of the Islamic banking industry rose by Rs192 billion from the quarter ending June 2024 and ...

Al Amanah Islamic Bank of the state-owned Development Bank of the Philippines, Laguna-based CARD Bank Inc. and Malaysia’s Maybank are three banks offering Islamic banking in the country.

The total investments (loans and advances) in the Islamic banking system rose by BDT 120.20 billion, or 2.70 percent, reaching BDT 4,569.94 billion at the end of March 2024 compared to December 2023.