Rabiul Islam, a practising Muslim who works at a private organisation, refrained from conventional banking services for many years as both paying and receiving interest are against his religious ...

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.

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) priorities in 2024 are to build on Malaysia’s strong Islamic finance ecosystem. As the Islamic financial system continues to mature, there is significant ...

State-run Philippine Deposit Insurance Corp. (PDIC) is set to draft specialized guidelines to transition Islamic deposits from conventional insurance ...

Islamic fintech has rapidly evolved from a niche innovation into a central pillar of the global Islamic finance industry. According to the ‘Global Islamic Fintech Report 2024-25’, the sector, with 490 ...

Saffeya Ahmed It’s a March morning in Islamabad, and my colleague Humza Jilani is out at a branch of Pakistan’s most successful bank: Meezan Bank. It’s almost the end of Ramadan, and the big ...

Dating back to the early Islamic period, these designs were developed using a set of mathematical principles. Islamic art was characterized by utilizing geometric patterns in a distinct manner owing ...

Steady Returns: Technology delivers increased profit, efficiency, and client traction. Following a strong performance in the prior year, Islamic financial institutions (IFIs) recorded a steady 2024, ...

ISKP’s retooling from regional operations in Afghanistan and Pakistan to a focus on external attacks and operational plots has resulted in a surge of both foiled plots and successful attacks. Police ...

The Islamic Architecture style has a diverse history, spanning over a millennium, stretching from Western Africa to Europe to Eastern Asia. Beginning in early 7th century Arabia, this form of ...