News & Update
Jordan Islamic Bank leading the way in sustainable finance
Some banks have been meeting high standards for many years. Established in 1978, Jordan Islamic Bank (JIB) is recognised to be a pioneer, both locally and globally, as a financial...
Steadily growing Islamic finance sector at dev stage
Observer Report Islamabad The steadily growing Islamic finance sector is at a development stage at which it is about time to define and address the sector’s main future opportunities to...
Key future opportunities for Islamic finance in focus
Farm workers thresh rice during a harvest in Bucheki village, Faisalabad district of Punjab province, Pakistan (file). Regarding agriculture finance, Islamic banks should address the needs of underbanked rural populations...
Converging Islamic finance with green investment
Tan Sri Ranjit Ajit Singh and SC deputy chief executive Datuk Zainal Izlan Zainal Abidin (centre) with representatives from The World Bank and IOSCO KUALA LUMPUR: The Securities Commission...
Islamic finance body IFSB to develop financial inclusion guidance
(Reuters) - The Malaysia-based Islamic Financial Services Board (IFSB) said on Wednesday it will develop a technical note on financial inclusion, aiming to widen the reach of sharia-compliant banking to...
After downturn, Islamic finance eyes profits, fintech: survey
(Reuters) - Islamic banks and insurers are focusing on profitability and new financial products as the industry shifts away from years of containing the adverse impact of low oil prices,...
Islamic finance body IFSB to develop financial inclusion guidance
(Reuters) - The Malaysia-based Islamic Financial Services Board (IFSB) said on Wednesday it will develop a technical note on financial inclusion, aiming to widen the reach of sharia-compliant banking to...
Less than a month left before the anniversary summit "Russia – Islamic world: KazanSummit»
On May 10-12, 2018 the International Economic Summit "Russia - Islamic World: KazanSummit" will be held in Kazan. Anually KazanSummit has been gathering representatives of international organizations, public authorities, financial...
'Trust in Islamic banking rising fast'
Customers' trust in Islamic banking will increase exponentially once the sector's assets reach $3.3 trillion by 2021 as predicted, Sultan bin Saeed Al Mansouri, UAE Minister of Economy and Chairman...
Islamic banks set to see improvement in financial health, S&P says
Islamic banks in the GCC should see an improvement in their financial health by the middle of the year and asset growth is on track to rise in low single-digits...
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