By IntelliNews Indonesia's Islamic finance industry is expected to expand further in the second half of 2026 and through 2027 ...

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 ...

Forbes contributors publish independent expert analyses and insights. I cover real estate, economics and cost of living. Different Islamic scholars can have varying rulings on what is Sharia-compliant ...

The coverage can be a little bit breathless: “La finance Islamique en plein boom,” Le Figaro reported in September. Yes, Islamic banking, structured along the lines that religion decrees, is in full ...

A bank will not be able to do Islamic banking business along with conventional banking at the same time, according to the draft 'Islami Bank Company Act-2024', as the central bank looks to level the ...

Shariah scholars, bankers and business leaders have called for the promotion of Islamic banking by offering interest-free loans. They argue that Islamic banking has become unavoidable in the current ...

Alizz Islamic Bank concluded the First Shari’a Supervisory Summit for Islamic Banks, held under its ‘Manar Alizz’ Islamic ...

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 ...

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 ...

This recognition highlights the company’s continued excellence in delivering Sharia-compliant investment solutions, innovation in Islamic asset management, and strong commitment to ethical financial ...

Islamic banking seeks to avoid the charging of interest, which many Muslims describe as “usury”.