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 ...

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 ...

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 ...

Betsy began her career in international finance and it has since grown into a comprehensive approach to journalism as she's been able to tap into that experience along with her time spent in academia ...

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 ...

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 ...

The State Bank of Pakistan says the banking sector’s balance sheet expanded by 17.8pc in CY25, driven mainly by investment in ...

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 ...

Islamic banks are less risky and more resilient than their counter parts in terms of bank capital requirement and mobilisation of deposits. Somewhat perversely, the global financial crisis presented a ...

Ever wondered what Islamic Banking entails? Don’t worry, we’ve got you. Islamic Banking is based on Shari’ah laws which prohibit the earning and paying of interest – with the bank and customers ...

The launch marks a significant milestone for the bank, positioning it among the global pioneers in Islamic Certificate of ...

The interim government has initiated formal procedures to merge five troubled Islamic lenders into the country's largest state-owned shariah bank, a significant step towards stabilising the financial ...