Mobilink Bank launches Islamic banking subsidiary in Pakistan
Mobilink Bank received its Islamic Banking licence from the State Bank of Pakistan in 2025 itself...
Category : Islamic Banking
Oman’s Islamic banking assets surge 17% to USD 22.3 billion in 2024
According to CBO, the Islamic banking sector in Oman has been steadily growing, which is indicative of the growing demand for financial services that adhere to Shariah and its role in the nation's banking sector...
Warba Bank: Driving innovation & sustainable growth
Warba Bank is the first bank in Kuwait to introduce an AI-powered personal financial advisor, the ‘Warba Advisor’...
Our clients’ financial well-being is important: Absa Islamic Banking Head Shaheen Suliman
Absa Islamic Banking was recently recognised as the 'Best Islamic Banking Window - South Africa' for 2024...
Islamic Development Bank maintains AAA rating, sharpens focus on sustainable activities
IsDB, a multilateral development finance institution headquartered in Jeddah, was established in 1973 with a primary concentration on Islamic Finance for infrastructure development...
Abu Dhabi Islamic Bank in talks to buy stake in Bank Syariah Indonesia
While the ADIB shares ended down 5.7%, the value of BSI shares increased by up to 50.6% to 2,620 rupiah...
Malaysia’s assent as Islamic Banking Powerhouse: Meet the ventures leading the charge
In January 2024, Maybank Islamic Berhad launched the Shariah-compliant portfolio financing solution, thereby becoming the first Malaysia-based Islamic bank to do so...
Al Mustashar Islamic Bank: Fuelling Iraq’s Growth
Al Mustashar Islamic Bank's current account service provides a ‘Demand Deposit Account’ that enables customers to manage their daily financial affairs smoothly...
Gulf countries to drive Islamic banking to USD 4 trillion growth: Report
The primary obstacles to the digitalisation of Islamic banking and Islamic fintech are related to the general ignorance of Islamic products...
Kuwaiti Islamic banks to see improved profits despite regulatory pressure
The financial metrics of Islamic banks were resilient in the first half of 2023, benefitting from the stable operating environment...