Fitch outlines key challenges in Islamic banking’s liquidity management
As per the Fitch, gaps remain relative to conventional Islamic banks, more so in countries where these financial institutions remain niche and developing...
Tag : Islamic banking
Saudi’s Islamic banking continues to expand due to ‘Vision 2030,’ says S&P
Taking note of Islamic banking's rise at the global level, the ratings agency also said that the sector represented about 76% of the Gulf major's banking assets...
Bahrain’s Islamic banking industry set to top USD 100 billion by 2027, predicts Fitch
Sukuk growth and rising Islamic banking penetration are outpacing conventional finance, even as the Kingdom’s banks face only limited fallout from the Iran war...
Malaysia’s Islamic financial ecosystem remains resilient amid volatile gepolitics
Fitch expects a resilient debt capital market that will continue to expand as envisioned in Malaysia's local Capital Market Master Plan (2026 to 2030)...
Islamic Development Bank approves USD 746.2 million loan for Uganda’s railway project
Uganda is raising funds for the 2.7-billion-euro project, which has already won backing from lenders including the World Bank and the African Development Bank...
Shariah-compliant stablecoin PUSD to be deployed at ADI Chain
PUSD holds approximately USD 2.3 billion in circulating supply. Each token is backed 1:1 by reserves held in Saudi riyals and UAE dirhams...
Iran war presses the requirement for Islamic derivatives, says Fitch
Key barriers to the wider adoption of Islamic derivatives include sharia restrictions, infrastructure gaps and OIC's still-evolving financial systems...
Turkey to merge its state-owned Islamic banks, announces Erdogan
Ziraat Katilim, Vakıf Katilim, and Halk Katilim banks would be consolidated, with the goal of creating "significant synergy" in the Islamic financial sector...
Amid headwinds, Islamic banking advocates broader capital distribution
Islamic banks' historical tendency of maintaining a largely domestic and narrow focus often leaves them more exposed during regional crises...
Oman’s Islamic banking reorients itself to financing “Vision 2040” tasks
As per Hussain al Lawati, CEO of the Development Bank, Islamic finance in Oman has transformed from a late entrant into a substantial component of the Sultanate’s banking system...