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a pioneer in Islamic banking in the Sultanate of Oman, introduced its newly enhanced mobile banking app, designed to deliver an improved and seamless user experience. Featuring a fully redesigned ...
Tuum, the core banking provider, announced the launch of its foundational Islamic Banking and Finance solutions, marking a key milestone towards delivering comprehensive, Sharia-compliant ...
IFIs’ margins remain healthy and above those of conventional banks. According to S&P Global Market Intelligence data, returns for the Islamic Banking Sector in 2024 were stable at 1.7%, matching the ...
Meanwhile, relevant authorities must provide Islamic banks with the opportunity to compete fiercely with conventional banks and support their staff with the necessary expertise and competencies. This ...
Bangladesh's Islamic banking sector would be completely restructured, as most of the existing Islamic banks are currently in trouble, he said. For all latest news, follow The Daily Star's Google ...
ISLAMABAD -- Pakistan's transition to Islamic banking will head in a similar direction to that of Malaysia's, and the shift will be well supported by banks and customers, Muhammad Nassir Salim ...
“At ruya, we are committed to transforming the financial landscape in the UAE by offering forward-thinking services, while staying true to our mission of ethical Islamic banking,” said Christoph ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Using cutting-edge technology, Vemi aims to address the unmet ...
QFCRA proposes amendments to prudential framework for market risks in conventional and Islamic banks
The prudential banking framework in the QFC that applies to conventional banking business firms and Islamic banking business firms comprises the Banking Business Prudential Rules 2014 and Islamic ...
The Chairman of the Board of Directors of Dukhan Bank remarked, “Fintech’s transformative influence on Islamic banking has been significant, with AI and blockchain technology playing central ...
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