Islamic bank financing in Pakistan surged over 800% as businesses repaid conventional loans, signaling a major shift toward Sharia-compliant banking.

The private sector stopped borrowing from conventional banks and instead repaid loans during the first half of the current financial year, as businesses ...

Islamic banking is not a niche concept in Saudi Arabia. It is a central part of how the Kingdom’s financial system operates and grows. As the global conversation shifts toward ethical finance, ...

The State Duma, the Russian parliament's lower chamber, on July 19 approved in its final reading a bill allowing an experiment to introduce the Islamic banking system in the country's four mostly ...

Malaysia's Islamic banking sector is poised for continued expansion, supported by sustained financing demand, strong ...

Alizz Islamic Bank has reaffirmed its commitment to advancing the Islamic finance industry following its successful ...

As of 2026, UAE Islamic banking assets have surpassed AED 1.15 trillion with 45 licensed banks, accounting for approximately ...

Governor of Bangladesh Bank Ahsan H Mansur on Saturday said that Islamic banking is not just a matter of religious sentiment, but rather a complete economic system. He also hoped that this sector will ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

On January 14, a Bangladesh Bank (BB) letter announcing a “haircut” on deposit profits (no profit on deposits) for the five merged Islamic banks for 2024 and 2025 took depositors by surprise.

As global finance places greater emphasis on ethics, sustainability, and transparency, Islamic banking has moved firmly into the mainstream.What was once perceived as a niche system has become one of ...