Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d'Ivoire. May 29, 2018, the ...
MUSCAT: More full-fledged Islamic banks are needed and the Islamic banking services of conventional banks should be converted into full subsidiaries if Oman were to fully embrace the Islamic finance ...
The Reserve Bank of India (RBI) has proposed opening of "Islamic window" in conventional banks for "gradual" introduction of Sharia-compliant or interest-free banking in the country. The Reserve Bank ...
Invest bank announced that it has obtained an Islamic banking window licence from the Central Bank of the United Arab Emirates (UAE). This milestone marks a significant moment in the bank's ...
The country is forging ahead in its aim of becoming a regional Islamic finance hub, issuing its debut sukuk in July. However, questions remain as to exactly how dedicated it is to reaching this goal.
NRB Bank opened its 11 Shariah-based Islamic banking window on Wednesday to provide state-of-the-art banking services based on the principles of Islamic rules. The bank opened its Islamic Banking ...
Feb 23 (Reuters) - Cameroon's Afriland First Bank, the country's largest financial group, has launched the Central African state's first Islamic window as the availability of sharia-compliant ...
The Sharia board of Meethaq, the Islamic banking division of BankMuscat, has approved the OMR 150 million capital assigned by BankMuscat for its Islamic banking window. 01 May 2012 The Sharia board of ...
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UAE Central Bank suspends bank's Islamic window from onboarding new customers for six months
The UAE Central Bank has suspended the Islamic window of a bank operating in the country from onboarding new customers for six months and also fined it more than Dh3.5 million ($953,632) for ...
The Central Bank of the UAE (CBUAE) has suspended the onboarding of new customers on the Islamic Window of a bank operating in the UAE, for six months and imposed a financial sanction of 3,502,214, ...
Minister of State for Railways Bilal Azhar Kayani, addressing a Calling Attention Notice, confirmed that the Central Directorate of National Savings (CDNS) had resumed its Islamic Window Operations in ...
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