MANILA –The Philippine Islamic finance industry has the potential to further grow, Fitch Ratings said on Thursday.

With a new government in Syria, the breakdown of the economy following years of mismanagement, sanctions, and corruption now ...

Mastercard Incorporated MA recently renewed and expanded its strategic partnership with Pakistan’s Faysal Bank, a prominent ...

Bitcoin is challenging conventional financial systems, and for Muslims, it offers a potential alternative to interest-based ...

Under Islamic law, banking looks different from the mainstream services offered in the U.S., as transactions and loans must ...

from being a conventional bank to be an Islamic bank offering sophisticated Islamic banking services. The accounting system, software and information systems were amended to provide banking services ...

CIMB BANK Philippines, Inc. (CIMB Bank PH) is in exploratory discussions with the Bangko Sentral ng Pilipinas (BSP) about potentially offering Islamic banking products, its top official said. The ...

HDFC Bank is the largest bank in India in terms of market cap and the fourth-largest bank in the world on the same terms. As one of the leading private banks in India, it holds a prominent ...

With a substantial investment banking, wealth management, and trading presence, Bank of America serves more than 68 million consumers and over 3 million small business clients. In terms of assets ...

This pivotal milestone marks a defining moment in the bank’s journey to redefine modern Islamic banking. Under the slogan “Leading Forward,” this transformation reflects AlRayan Bank’s ...

The banking system remains resilient with robust levels of capital, loan-loss provisions and liquidity, according to the central bank. The latest Bank of Thailand statement revealed in the third ...

Dubai: The Islamic Retail Banking Summit, held in Dubai, proved to be a resounding success, bringing together global leaders, experts, and practitioners in the Islamic finance sector. Under the theme ...