Islamic Development Bank maintains AAA rating, sharpens focus on sustainable activities
IsDB, a multilateral development finance institution headquartered in Jeddah, was established in 1973 with a...
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Abu Dhabi Islamic Bank in talks to buy stake in Bank Syariah Indonesia
While the ADIB shares ended down 5.7%, the value of BSI shares increased by up to 50.6% to 2,620 rupiah...
Malaysia’s assent as Islamic Banking Powerhouse: Meet the ventures leading the charge
In January 2024, Maybank Islamic Berhad launched the Shariah-compliant portfolio financing solution, thereby becoming the first Malaysia-based Islamic bank to...
Al Mustashar Islamic Bank: Fuelling Iraq’s Growth
Al Mustashar Islamic Bank's current account service provides a ‘Demand Deposit Account’ that enables customers to manage their daily financial...
Gulf countries to drive Islamic banking to USD 4 trillion growth: Report
The primary obstacles to the digitalisation of Islamic banking and Islamic fintech are related to the general ignorance of Islamic...
Kuwaiti Islamic banks to see improved profits despite regulatory pressure
The financial metrics of Islamic banks were resilient in the first half of 2023, benefitting from the stable operating environment...