The State Duma, the Russian parliament's lower chamber, on July 19 approved in its final reading a bill allowing an experiment to introduce the Islamic banking system in the country's four mostly ...

The rapid growth in Islamic banking in Pakistan can, in part, be explained by the public's belief that there exists a truly ...

The technical session was led by Ms. Fozia Aslam, Chief Manager at the State Bank of Pakistan, who provided profound insights into the contemporary landscape of Islamic banking. She elaborated on its ...

As global finance places greater emphasis on ethics, sustainability, and transparency, Islamic banking has moved firmly into the mainstream. What was once perceived as a niche system has become one of ...

Fitch noted that Islamic banking assets grew at a faster pace than conventional banking, reinforcing the sector’s rising importance within Malaysia’s financial system. PETALING JAYA: Malaysia’s ...

Islamic banking is not a niche concept in Saudi Arabia. It is a central part of how the Kingdom’s financial system operates and grows. As the global conversation shifts toward ethical finance, ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This marks a major milestone following last year’s announcement of Tuum’s ...

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 ...

Dubai, UAE: The UAE has established itself as the global leader in Islamic banking, fintech, Takaful, and capital markets, positioning the country at the forefront of Shariah-compliant finance. The ...