Getting your Trinity Audio player ready... JIDDAH, Saudi Arabia — As big Western financial institutions have teetered one after the other in the crisis of recent weeks, another financial sector is ...

Bank Aljazira (BAJ) in Saudi Arabia has a long heritage that goes back more than 36 years. During that time, BAJ has undergone several key transformations to become the bank it is today. Despite ...

Islamic banking is not a niche concept in Saudi Arabia. It is a central part of how the Kingdom’s financial system operates ...

As global finance places greater emphasis on ethics, sustainability, and transparency, Islamic banking has moved firmly into ...

One of the key requirements under the new regulations is the mandatory separation of funds belonging to customers using ...

What is missing in islamic banking reform is not Shariah intent, but the design thinking needed to translate that intent into a lived experience ...

(Reuters) - Afghanistan's central bank has granted a licence to the Islamic Bank of Afghanistan (IBA), the first lender in the country to apply the interest-free principles of Islamic finance in all ...

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 financial ...

Islamic banking has been one of the financial industry’s great growth stories over the past few years. The Islamic (interest-free) model has encouraged innovation, both in terms of product offerings ...

AlHuda CIBE and Punjab Provincial Cooperative Bank Limited Sign Advisory Agreement for Conversion from Conventional to ...