Study Investigates Banking ‘Code Breakers’
Islamic banks face new competition such as the introduction of risky derivatives into their markets. An ‘identity buffer’ makes them more likely to diverge...
Qatari Islamic Banks Enjoy Lowest Cost-to-income Ratios: IFSB
Qatari Islamic banks have consistently enjoyed the lowest cost-to-income ratios throughout the 2017-18 analysis period, the Islamic Financial Services Board (IFSB) has said in...
KFH-Bahrain Launches Community Based Banking Services
As part of its efforts to innovate and invest in the field of FinTech and the promotion of digital banking services, Kuwait Finance House...
Deals on Nasdaq Dubai’s Islamic Financing Platform Exceed $100bn
Transactions on the Nasdaq Dubai Murabaha Platform for Islamic financing have exceeded a total of $100 billion, it was announced on Wednesday.
Established jointly by...
Muslim Spend on F&B Seen to Reach $1.9Trn by 2023
Muslims spent $2.1 trillion across the food, beverage and lifestyle sectors in 2017, and forecasts spending to reach $3 trillion by 2023, the state...
Ripple is Sharia Compliant, to Open Office in Dubai by Q4...
Ripple is pushing forth a distributed ledger technology that is compliant with regulatory guidelines and flexible enough so that their main clients, banks and...