Islamic Finance

The first installment of a Global Finance FAQ web series on Islamic finance.

Islamic banks’ performance improved in 2022 while they expanded their footprints.

Global Finance names 2021’s safest Islamic banks in the GCC.

Islamic finance took a hit in 2020 but is preparing for the next surge of growth through innovation, standardization, and M&A activity.

The fourth installment of a Global Finance FAQ web series on Islamic finance.

Delayed by Covid-19, the central bank of Australia plans to license the country’s first Islamic bank in early 2021.

The third installment of a Global Finance FAQ web series on Islamic finance.

The second installment of a Global Finance FAQ web series on Islamic finance.

How are Islamic banks affected by the pandemic? What are the specific challenges and opportunities they face? Here are a few takeaways from an online panel discussion organised on April 21 by UK based financial data firm Refinitiv.

Blockchain is making headway in the world of Islamic finance.

Crypto is increasingly halal (permissable from the standpoint of Islamic law).

The fifth installment of a Global Finance FAQ web series on Islamic finance.

Islamic finance is a fast-growing $2 trillion industry, yet many finance professionals do not know halal from haram. Global Finance's series on Islamic finance explains. 

Islamic scholar in Indonesia says Bitcoin is compatible with Islamic law.

Banks' internal Shariah boards engender 'conflicting rulings,' so investors look to homogenize industry practices.

Cash-rich Kuwait, bolstered by a healthy banking sector, is taking steps to reduce dependence on petroleum and motivate entrepreneurs.

Al Ahli Bank of Kuwait’s CEO, Michel Accad, opens up about his country’s economic role in the Arab world and why the Gulf nation might never achieve all its lofty aspirations.

FTSE announced Kuwait’s forthcoming addition to the Secondary Emerging Markets list last September. What’s happened since?

Salah Al-Fulaij, CEO of NBK-Kuwait, shares thoughts with Global Finance about competition, Kuwait’s growth prospects and the pressures of global regulation.

The consortium, called ALGO, will enable Islamic member banks to create fintech solutions in a cost-effective and fast manner.