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 ...
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 ...
Tech is punching down the walls, floor joists and windows of finance all about us. But in the rebuilding how relevant is artificial and business intelligence to Islamic finance in 2023 – and beyond?
Fitch noted that Islamic banking assets grew at a faster pace than conventional banking, reinforcing the sector’s rising importance within Malaysia’s financial system. PETALING JAYA: Malaysia’s ...
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 ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This marks a major milestone following last year’s announcement of Tuum’s ...
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The Express Tribune on MSNOpinion

Is Pakistan's Islamic banking truly Islamic?

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 ...
The Institute for Financial Integrity (IFI) is pleased to announce Al-Qutaibi Islamic Bank has implemented IFI's Financial Integrity and Cross-Border Payments Training Program at the enterprise-level.
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that Dubai Islamic Bank (DIB) has selected the HPE GreenLake edge-to-cloud platform to modernize ...