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 ...

Nearly 42 percent of the Pakistani banking branch network now consists of Islamic banking branches, reflecting a strong shift ...

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 ...

Tech is punching down the walls, floor joists and windows of finance all about us. But in the rebuilding how relevant is artificial and business intelligence to Islamic finance in 2023 – and beyond?

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 ...

The Institute for Financial Integrity (IFI) is pleased to announce Al-Qutaibi Islamic Bank has implemented IFI's Financial Integrity and Cross-Border Payments Training Program at the enterprise-level.

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 ...