Tag: islamic banking

adminMay 25, 2021
25th-World-Islamic-Banking-Conference-Announces-4th-Series-of-WIBC-Leaderboard-to-Foster-Global-Islamic-Banking.jpg

7min00
By Maeeshat News, Top performing Islamic Financial Institutions from Bahrain, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Oman, Pakistan, Turkey, UAE and Saudi Arabia are vying for the WIBC Awards recognizing the Best Performing Banks at the Global and Regional level. Manama, Kingdom of Bahrain: A testament to its vision of advancing the global Islamic banking industry, […]

adminMay 25, 2021
CIBAFI-submits-recommendations-to-BCBS-on-implications-of-fintech-developments-for-banks.jpg

5min00
Manama : Aligned with its role as advocate of the Islamic Financial Services Industry (IFSI), the General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, announced that it has submitted its comments on Tuesday to the Basel Committee on Banking Supervision (BCBS) on the Consultative Document on “Sound […]

adminMay 25, 2021
Bahrain-to-host-world-Islamic-banking-conference-in-December.jpg

5min00
Manama : The 24th edition of World Islamic Banking Conference (WIBC), the world’s longest running Islamic banking conference, is set to return to Bahrain this December for three days, and will take stock of the most pressing issues affecting the global financial landscape. Middle East Global Advisors, a leading financial intelligence platform facilitating the development […]

adminMay 25, 2021
General-Council-for-Islamic-Banks-and-Financial-Institutions-CIBAFI.jpg

4min00
Manama : Aligned with its role as advocate of the Islamic Financial Services Industry (IFSI), the General Council for Islamic Banks and Financial Institutions (CIBAFI) – the global umbrella of Islamic financial institutions – on Tuesday submitted its comments to the Basel Committee on Banking Supervision (BCBS) on the Consultative Document on “Simplified alternative to […]

adminMay 25, 2021
Islamic-Bank.jpg

8min00
In spite of RBI’s green signal, the government says No ? Dr Raja Muzaffar Bhat Before handing over his charge to present RBI Governor Urjit Patel, former Governor of Reserve Bank of India Raghuram Rajan had proposed working with the Government to introduce Islamic Banking (interest-free banking) to tackle financial exclusion of a vast Muslim […]

adminMay 25, 2021
World-Islamic-Banking-Conference-WIBC.jpg

9min00
By Dr Shariq Nisar Shariah banking, PLS banking, Ethical banking, Interest-free banking are different names used to identify Islamic banking which primarily works without relying on interest mechanism. Interest is strictly prohibited in Islam and therefore many countries especially those where Muslims live in majority have developed an alternate way of banking where profit is […]


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