Tuum’s Islamic Banking suite is designed to empower financial institutions with a cloud-native, highly flexible, and scalable platform that ensures seamless compliance with Sharia principles.

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.

Two laws, one system: The dilemma slowing adoption of Islamic banking Wednesday, May 07, 2025 Salaam Bank was licensed in 2023 as the first Islamic Bank in Uganda.

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 ...

Muscat – Sustained economic growth, governments’ commitment to promoting the broader Islamic finance industry, and growing demand for sharia’a-compliant products across the GCC region will continue to ...

Bank of Uganda (BOU) officials appearing before the legislators on Parliament's committee of Finance, Planning and Economic Development are divided over whether to permit Islamic banking kick-off ...

This is an audio transcript of the Behind the Money podcast episode: ‘Why Islamic banking is taking off’. Saffeya Ahmed It’s a March morning in Islamabad, and my colleague Humza Jilani is ...

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 ...

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 ...

Why Islamic banking is taking off on whatsapp (opens in a new window) Save Published April 2 2025. Jump to comments section Print this page. Unlock the Editor’s Digest for free.