Deposits flowing to Islamic banks rose in the April-June quarter of 2025, buoyed by a sharp increase in the number of customers thanks to a renewal of confidence. Total deposits stood at Tk 4.57 lakh ...
The coverage can be a little bit breathless: “La finance Islamique en plein boom,” Le Figaro reported in September. Yes, Islamic banking, structured along the lines that religion decrees, is in full ...
As Islamic finance moves into the mainstream, Maybank helps clients connect wealth, business and legacy needs across Asean ...
Saffeya Ahmed It’s a March morning in Islamabad, and my colleague Humza Jilani is out at a branch of Pakistan’s most successful bank: Meezan Bank. It’s almost the end of Ramadan, and the big ...
Forbes contributors publish independent expert analyses and insights. I cover real estate, economics and cost of living. Different Islamic scholars can have varying rulings on what is Sharia-compliant ...
This recognition highlights the company’s continued excellence in delivering Sharia-compliant investment solutions, innovation in Islamic asset management, and strong commitment to ethical financial ...
Shariah scholars, bankers and business leaders have called for the promotion of Islamic banking by offering interest-free loans. They argue that Islamic banking has become unavoidable in the current ...
Islamic banking has been one of the financial industry’s great growth stories over the past few years. The Islamic (interest-free) model has encouraged innovation, both in terms of product offerings ...
Alizz Islamic Bank concluded the First Shari’a Supervisory Summit for Islamic Banks, held under its ‘Manar Alizz’ Islamic ...
Islamic banking seeks to avoid the charging of interest, which many Muslims describe as “usury”.
When Islamic banking was first developed in the 1970s in the Persian Gulf states, its customers were almost exclusively observant Muslims who wanted a banking system that complied with their religious ...
The Daily Star (TDS): What is the current state of Islamic banking in Bangladesh? Ali Reza Iftekhar (ARI): Islamic banking in Bangladesh has long been considered a financial system that aligns with ...