Fixed rates, home loans, mortgages — banking concepts like these are almost nonexistent in my day-to-day dialogue as a Bates College student. But soon this will all change. When I graduate, I’ll ...

The Islamic banking industry is relatively new compared to the conventional banking. Introduced 30 years ago, it was operating in a limited number of Muslim countries. Three decades ago, Islamic ...

The Islamic financial system is a unique financial system that is founded on Quranic injunctions that support cooperation, helping one another according to principles of goodness and piety-not to ...

When Islamic banking was first developed in the 1970s in the Persian Gulf states, its customers were almost exclusively observant Muslims who wanted a banking system that complied with their religious ...

No bank comes close to disturbing Malaysia’s CIMB Islamic’s hold of the best Islamic bank in Asia award, certainly no local one. CIMB Islamic is the world’s fastest-growing Islamic financial ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The Federal Reserve took drastic measures in June to flatten the highest U.S. inflation rate ...

Centre of Islamic Finance, Institute of Business Management Sciences (IBMS), University of Agriculture Faisalabad (UAF) has ...

Islamic banking is getting off to a slow start in Kyrgyzstan. But the country’s first brokerage agency following Islamic practices is changing the way Kyrgyz citizens – pious and secular alike – think ...

A Nigerian Islamic group has threatened that Muslims will go to war if there is opposition to the proposed Islamic banking concept, which it wants introduced in the country. Datti Ahmed of Nigerian ...

KUALA LUMPUR, March 1 (Reuters) - Malaysia's Affin Islamic Bank is unlikely to drop the bai bithaman ajil financing structure, its chief said on Monday, reflecting the industry's struggle to achieve a ...

In this model of banking, the business is not left to bear the loss alone. The bank also bears the profit or loss with the customer. Islamic Banking The Islamic financial system is a unique financial ...