Islamic bankers are developing innovations and workarounds that enable them to bring Shariah-compliant services into the digital age. The strict rules against charging interest and investments deemed ...
The growth achieved by the Islamic finance sector over the past couple of decades has been striking. In 2017, Sharia-compliant assets reached a total value of $2.44trn, up from $200bn in 2003, ...
Gulf-region Islamic banks arejoining forces to better compete. A wave of mergers is transforming the banking sector in the Gulf Cooperation Council (GCC) states, reshaping both conventional banks and ...