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...
Tag : Islamic banking
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...
Islamic Finance: Pioneering Ethical Banking
Ethical banking and Islamic finance acknowledge the value of interacting with stakeholders, such as clients, investors, and the community...
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...
Islamic banking in Africa: Regulatory obstacles but a lot to gain
by WebAdmin
Persistent obstacles will limit the growth of Islamic banking during the next 12 to 18 months...
Malaysia based Al Rajhi Bank selects Thought Machine for digital banking project
Thought Machine’s core banking engine Vault will provide the backbone for the new digital offering...
CapBay nets $7 mn to grow its Shariah-compliant supply chain finance arm
The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank...
National Bank of Fujairah launches electronic trading platform NBFX
NBFX is available for both conventional and Shariah-compliant banking customers...
Sharjah Islamic Bank launches its new SIB digital account
by WebAdmin
Sharjah Islamic Bank launches its new SIB digital account...
CIMB Bank launches its first all-digital Islamic savings account in Malaysia
by WebAdmin
The newly launched product is called OctoSavers Account-I...