Islamic Banking Deposits Climb to Rs. 7.4 Trillion
The Deposit Protection Corporation (DPC) has announced the release of its fourth Annual Report for the fiscal year ended June ...
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Kiboga residents welcome new form of banking
Kiboga district residents are calling for more acceptance of the Islamic banking system to support their development. Some of ...
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Islamic banking and finance in Pakistan: challenges and roadmap
This significant amendment marks a key milestone in the country’s efforts to align its financial system riba-free and based on Shariah principles. Over the past 70 years, Islamic banking in Pakistan ...
St. Cloud’s Stearns Bank offers area’s first Muslim banking accounts as demand grows
Under Islamic law, banking looks different from the mainstream services offered in the U.S., as transactions and loans must ...
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LCCI, SBP organise seminar on fundamentals of Islamic banking
The seminar was chaired by LCCI President Mian Abuzar Shad while Chief Manager SBP Tariq Riaz, Additional Director Muhammad Saleem, and renowned Islamic banking expert Dr. Muhammad Uzair Usmani also ...
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Sharjah Islamic Bank forms strategic partnership with network international to enhance integrated payment solutions
Sharjah Islamic Bank (SIB) has announced a strategic partnership with Network International, the leading enabler of digital ...
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BSP cites PH’s Islamic Finance Potential
The Bangko Sentral ng Pilipinas (BSP) has emphasized the Philippines' potential as a significant player in the global Islamic ...
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Finance: Elimination of riba — tangible goal or pipe dream?
the State Bank intensified its efforts to transform the country’s banking system to align with Islamic principles. Leading financial institutions, including major banks like HBL, began ...