UAE Islamic Banks Report 7.3% Asset Increase in Q1 2023
In a report that paints a vibrant picture of a financial sector on an upward trajectory, the Central Bank of the UAE (CBUAE) has disclosed that the …
Islamic Banks
Digitization of Islamic Banks A Must For The Growth of Islamic Finance
Digitization of Islamic banks is a must for the growth of the Islamic finance industry. Although the industry is quite young, the fintech disruption …
Are Islamic Banks Adding Any Economic Value?
LONDON: Many industry observers assert that all Islamic banks’ products in essence are replicas of conventional banking products, be the Islamic …
Islamic Banks Face Challenge From Basel III Deposit Regulations
As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of uncertainty that could prove …
SMEs Offer Huge Opportunities For Islamic Banks
There is no doubt that there is significant demand for Islamic banking services, both from the world’s Muslim population and from non-Muslims. Islamic …
Islamic Banks Miss Out On SME Business Opportunity Across MENA
Recently published research by the World Bank’s International Finance Corporation (IFC) suggests there is a huge demand for Islamic products by SMEs …