Fatma Lotfy: Islamic Banking Is the Future
Fatma Lotfy, vice chairman and managing director of Bank Audi - Egypt, believes that Islamic banking will have a…
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Islamic banking
IFSB Sets New Islamic Banking Guidelines
The Islamic Financial Services Board (IFSB) has published new guidelines on liquidity and stress-testing, seeking…
Banque Misr Looks To Launch Islamic Durable Goods Fund
Banque Misr studies launching Murabaha (Islamic finance) fund for durable goods as well as Musharaka (Islamic joint…
EFSA Approves AUB’s Islamic Mortgage Product
Egyptian Financial Supervisory Authority (EFSA) approved Ahli United Bank Group’s Islamic Sharia-Compliant mortgage…
US$1 Bln Islamic Bank Launched At IDB’s Conference
The Saudi-based Islamic Development Bank (IDB), Saudi lender Dallah Albaraka Group and Qatar have signed an…
Bankers Criticize CBE’s Refusal to Give More Islamic Banking Licenses
Some bankers criticized Central bank of Egypt’s refusal to give more Islamic banking licenses to four commercial…
MIFC Ambassador Urges Innovation within Shariah to Meet Liquidity Challenge
Raja Nazrin Shah, Financial Ambassador to the Malaysian International Islamic Financial Centre (MIFC) has strongly…
Malaysia’s Central Bank Governor Receives IDB’s Prize For Islamic Banking
The Jeddah-based Islamic Development Bank (IDB), the multilateral development bank of the Muslim world, has awarded…
UAE’s FNC Calls For Standardizing Sharia Banking Systems
As the different Sharia systems followed by Islamic banks in the United Arab Emirates have left many customers…
CBE Disapproves Giving More Islamic Banking Licenses
Central Bank of Egypt (CBE) rejected demands from four commercial banks asking to have Islamic banking licenses…
