As global finance places greater emphasis on ethics, sustainability, and transparency, Islamic banking has moved firmly into ...

The Jeddah-based Islamic Development Bank (IDB) is getting the final touch in before setting up office in Prime Minister Narendra Modi's home state, a move that will usher Islamic finance for ...

REUTERS - The Reserve Bank of India (RBI) has allowed a firm in Kerala to operate as a non-banking financial company (NBFC) that follows Islamic principles - a small step towards developing ...

DUBAI/NEW DELHI, Dec 20 (Reuters) - India's tiny Islamic finance industry is hoping to expand by developing products that would work around the country's ban on sharia-compliant banking. But political ...

New Delhi: The government is considering introducing Islamic banking in the country. The Ministry of Finance recently asked the Reserve Bank of India (RBI) to reconsider such a possibility. The RBI ...

New Delhi: India's largest public sector bank State Bank of India (SBI) has decided to put off the launch of a Shariah-compliant equity mutual fund. Dinesh Kumar Khara, managing director and CEO of ...

Tech is punching down the walls, floor joists and windows of finance all about us. But in the rebuilding how relevant is artificial and business intelligence to Islamic finance in 2023 – and beyond?

The modern Islamic finance industry is young but evolving rapidly, serving a growing population of Muslims as well as non-Muslims. According to the Global Islamic Finance Markets Report 2019, the ...