Explore murabaha, a cost-plus financing method under Islamic law that adheres to Sharia principles and avoids interest by ...

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 ...

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 ...

Islamic banks are less risky and more resilient than their counter parts in terms of bank capital requirement and mobilisation of deposits. Somewhat perversely, the global financial crisis presented a ...

SEDANIA As Salam Capital (SASC), a wholly owned subsidiary of SEDANIA Innovator Bhd, continues to strengthen its position as ...

ISTANBUL, June 4, 2026 (SUNA) – The General Council for Islamic Banks and Financial Institutions (CIBAFI), in cooperation with Al-Baraka Forum for Islamic Economy, organized a high-level meeting of ...

Dubai Islamic Bank PJSC engages in the provision of banking and financial services. It operates through the following segments: Consumer Banking, Corporate Banking, Real Estate Development, Treasury, ...

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 ...

Qatar Islamic Bank engages in the provision of corporate, retail, and investment banking activities. It operates through the following segments: Corporate Banking, Personal Banking, Group Function, ...

Prior to 1985, there were no Islamic banks in Pakistan. Fast forward to today and there are six full-fledged Islamic banks (IBs) and 16 Islamic Banking Branch Networks (IBBs). These are Islamic ...