Two financial institutions are interested in putting up digital Islamic banks in the Philippines, according to Bangko Sentral ...

This collaboration will enable ADIB to further upgrade its financial messaging capabilities and leverage advanced technology ...

The Philippines could see its first Islamic digital bank given interest from industry players, a senior Bangko Sentral ng ...

On Wednesday 5 February, the Egyptian government signed two agreements with the Islamic Development Bank Group, securing USD 1.6 billion (EGP 80 billion) in funding dedicated to trade financing and th ...

Lahore Chamber of Commerce and Industry, in collaboration with Faysal Bank, organised a seminar on Islamic banking to educate the business community on the principles and benefits of Islamic banking ...

The Youth Account is a Shari’a compliant savings account (based on Mudarabah principles) specially crafted to cater to the ...

MCB Islamic proudly inaugurated its new branch in Multan, marking another milestone in its commitment to providing Shariah-compliant banking services across Pakistan. The grand opening ceremony was ...

The State Bank of Pakistan (SBP) recently issued guidelines through its circulars/notifications regarding Profit and Loss ...

A central bank official expects monetary authorities would issue the country’s first digital Islamic bank license, leading to an expansion of financing activities that comply with Sharia. Financial ...

Deposits in Islamic banks in Bangladesh have shown fluctuations in recent months, according to the latest data from the Bangladesh Bank. Islamic banking deposits, which peaked at Tk 440,427 crore ...

Abu Dhabi Islamic Bank (ADIB) on Tuesday announced a cash dividend per share of 83 fils for 2024 amounting to Dh3.030 billion ...