The global Islamic banking and finance market is worth $8.94 billion as of 2025 and is expected to grow by 11.6% to $13.89 billion by 2029.

Australia has the potential to be a hub for the Islamic banking and finance industry due to its strategic location near some of the world’s largest Muslim populations. Why, then, has Australia ...

ISTANBUL . Islamic banking, which was once mostly seen in Muslim-majority countries, is expanding across the globe, with assets projected to reach $5 trillion over the next year, with an annual ...

Islamic finance is banking, lending, and saving practices that comply with Islamic law. Islamic beliefs limit the types of investments allowed due to the nature of the underlying company or the ...

Islamic Banking is governed by principles of Sharia law and forbids payment or receipt of interest, ... Value-added Tax, Stamp Duty and Excise Duty between 2022 and 2023, ...

CEO of First National Bank (FNB) Islamic Banking Amman Muhammad says Islamic banking is a credible alternative to conventional or mainstream banking for all South Africans, not just Muslims.