Abu Dhabi Islamic Bank (ADIB) will hold a board meeting on January 21 to discuss a proposed dividend distribution to shareholders for the 2025 financial year, the bank said in a statement on January ...

Malaysia's Islamic financing will account for nearly half of the banking sector's total financing by 2030 versus 42% as of ...

The modern Islamic finance industry is young but evolving rapidly, serving a growing population of Muslims as well as non-Muslims. According to the Global Islamic Finance Markets Report 2019, the ...

Sharia compliance refers to the strict observance of the principles of Islamic law. Additionally, Islamic banking itself has own basic “rules” which must be adhered to in order for transactions to be ...

UAE-based fintech Mal has raised $230 million in a strategic investment round led by BlueFive Capital, with participation ...

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 ...

Kuwait’s Boubyan Bank is aiming to become a leading Islamic bank in its home market and around the globe. Boubyan Vice-Chairman and Group CEO Adel Al-Majed discusses how the bank plans to meet this ...

Malaysia's Islamic financing will account for nearly half of the banking sector's total financing by 2030 versus 42 per cent ...

According to the governor, revised accounts for the 2024–25 fiscal year show significant financial losses at these banks, but neither past nor current losses have been imposed on depositors ...

Growth trajectories will differ across key markets. Islamic banks in the Asia Pacific will enjoy financing growth in 2026, ...

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

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The Federal Reserve took drastic measures in June to flatten the highest U.S. inflation rate ...