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The Reserve Bank of India has suggested ‘Islamic banking windows’ in banks as part of the plan to introduce Sharia-compliant or interest-free banking in...
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The Reserve Bank of India has suggested ‘Islamic banking windows’ in banks as part of the plan to introduce Sharia-compliant or interest-free banking in...
Islamic banking assets in Malaysia constitute 27% of the total banking assets in the country, surpassing the targeted 20% under Bank Negara Malaysia’s financial...
The department of economic development in Dubai and Dubai Islamic Bank, the largest Islamic bank in the country, announced the official launch of the...
Abu Dhabi Financial Group and the GFH Financial Group are all set to launch an Islamic bank in Abu Dhabi’s new financial free zone...
Saudi Arabia’s Islamic Development Bank is expected to launch its operations with a branch in Gujarat. This will bring in the first bank into...
Summit Bank of Pakistan is proposing to convert its entire operation into Islamic banking in the next three years. The bank’s chairman Nasir Ahmed...
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank has entered in an MoU...
Islamic Corporation for the Development of Private Sector, a unit of Saudi Arabia’s Islamic Development Bank, said it will persuade the Reserve Bank of...