Bank Muamalat Malaysia Bhd has launched the country's first Islamic digital-only bank ATLAS, which is designed around faith and lifestyle alignment offering Read More
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Islamic Finance assets to Reach $7.5 Trillion by 2028
Reflecting the expanding relevance of Shariah-compliant finance globally, the Global Islamic finance assets will reach $7.5 trillion by 2028, up from $5.5 trillion in 2024, Standard Read More
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Dubai Islamic Bank to Distribute 45% Dividend for 2024
Marking a 16% y-o-y growth, Dubai Islamic Bank (DIB) Group on Friday reported a total income of $6.34 billion while pre-tax profit surged to Read More
The UAE’s Abu Dhabi Islamic Bank (ADIB) has been ranked the safest among the top 10 Islamic banks in the Gulf Cooperation Read More
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alrajhi Bank Acquires Majority Stake in Fintech Firm Drahim
Saudi-based lender alrajhi bank has acquired a 65% stake in the local fintech start-up ‘Drahim’ application, a leading financial management and automated investment Read More
Banks
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Islamic Bank
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World
Two Banks in Philippines Secure Islamic Banking Window Licences
Islamic banking is catching up fast in The Philippines in the recent years and seeing the sector’s growth in the country, Read More
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Dubai’s Next Generation of FoBs Want to Expand into New Sectors and Markets
Expanding into new sectors and markets ranked first on the list of priorities for Dubai’s next generation of the members of Read More
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Dubai Islamic Bank Achieves 47% Growth in Total Income in Q1-2023
Dubai Islamic Bank (DIB), the UAE’s largest Shariah-compliant bank, on Thursday announced a 47% increase in total income to $1.2 billion for the Read More
