UAE, Philippines target Islamic banking growth
While the UAE has consolidated its position in the Islamic banking space, the Philippines has been opening up the sector to its domestic economy...
Category : Islamic Banking
QCB issues government Ijara Sukuk, maintains Qatar’s banking resilience
The industry's senior executives said that Qatar Central Bank would reduce the reserve requirement on deposits from 4.5% to 3.5%, releasing further liquidity into the system...
Fitch sees varying effects on Sukuk, Gulf debt market liquidity
Fitch assesses liquidity using Bloomberg’s Liquidity Assessment scores, which indicate security-level liquidity...
Islamic banking in Africa: Gulf actors follow different paths
Discussing Islamic banking's growth in Africa, Saudi Arabia is also playing an important role...
Bank Muscat posts USD 664.3 million net profit for 2025
Bank Muscat's net loans and advances, including Islamic financing receivables, increased by 4.8% to RO 10,731 million as against RO 10,237 million as at December 31, 2024...
Mobilink Bank launches Islamic banking subsidiary in Pakistan
by WebAdmin
Mobilink Bank received its Islamic Banking licence from the State Bank of Pakistan in 2025 itself...
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...