KUWAIT, Jan 21 (KUNA) -- Implementing Islamic principles and regulations is of utmost importance in financial and banking transactions, thus providing clients with services that are Islam-compliant, ...

Bank Aljazira (BAJ) in Saudi Arabia has a long heritage that goes back more than 36 years. During that time, BAJ has undergone several key transformations to become the bank it is today. Despite ...

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

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

Tuum, the core banking provider, announced the launch of its foundational Islamic Banking and Finance solutions, marking a key milestone towards delivering comprehensive, Sharia-compliant financial ...

(Reuters) - Afghanistan's central bank has granted a licence to the Islamic Bank of Afghanistan (IBA), the first lender in the country to apply the interest-free principles of Islamic finance in all ...

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.

The Federal Reserve took drastic measures in June to flatten the highest U.S. inflation rate in four decades by instituting a 0.75-percentage-point rate increase. This increase to the Fed's benchmark ...

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, ...

Many of Tajikistan’s traditional banks are wobbling due to years of chronic mismanagement. Their troubles are creating a space for up-and-coming Islamic lenders to flourish. In 2014, the same year ...