Banking and Finance FeaturedIslamic banking in Africa: Regulatory obstacles but a lot to gainWebAdminOctober 18, 2022 by WebAdminOctober 18, 2022 Persistent obstacles will limit the growth of Islamic banking during the next 12 to 18 months... Read more
Banking FeaturedMalaysia based Al Rajhi Bank selects Thought Machine for digital banking projectIFM CorrespondentJanuary 25, 2022 by IFM CorrespondentJanuary 25, 2022 Thought Machine’s core banking engine Vault will provide the backbone for the new digital offering... Read more
Featured Islamic FinanceCapBay nets $7 mn to grow its Shariah-compliant supply chain finance armIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank... Read more
Featured Islamic BankingNational Bank of Fujairah launches electronic trading platform NBFXIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 NBFX is available for both conventional and Shariah-compliant banking customers... Read more
Featured Islamic BankingSharjah Islamic Bank launches its new SIB digital accountWebAdminAugust 17, 2021August 18, 2021 by WebAdminAugust 17, 2021August 18, 2021 Sharjah Islamic Bank launches its new SIB digital account... Read more
Featured Islamic BankingCIMB Bank launches its first all-digital Islamic savings account in MalaysiaWebAdminAugust 6, 2021 by WebAdminAugust 6, 2021 The newly launched product is called OctoSavers Account-I... Read more
Featured Islamic BankingBoubyan Bank launches mobile-only Islamic bank in the UKWebAdminJuly 15, 2021 by WebAdminJuly 15, 2021 Nomo provides a mobile-first banking experience for the affluent, tech-savvy customers... Read more
Featured Islamic FinanceUAE Islamic banks record 5% increase in assets in 2020: Central BankWebAdminJune 21, 2021June 21, 2021 by WebAdminJune 21, 2021June 21, 2021 The investment represents around 19% of the total banking assets... Read more
Featured Islamic FinanceADIB launches digital platform for corporates in Iraq to meet growing business demandsWebAdminMay 20, 2021 by WebAdminMay 20, 2021 The bank wants to strengthen its presence in the Iraqi market by launching its digital platform titled ADIB Direct... Read more
Featured Islamic FinanceGlobal Islamic Finance to grow by 12% in 2021-22: S&PPritam BordoloiMay 4, 2021 by Pritam BordoloiMay 4, 2021 The growth will be driven by increased sukuk issuance in key markets... Read more