Forbes contributors publish independent expert analyses and insights. I cover real estate, economics and cost of living. Different Islamic scholars can have varying rulings on what is Sharia-compliant ...

The coverage can be a little bit breathless: “La finance Islamique en plein boom,” Le Figaro reported in September. Yes, Islamic banking, structured along the lines that religion decrees, is in full ...

Saffeya Ahmed It’s a March morning in Islamabad, and my colleague Humza Jilani is out at a branch of Pakistan’s most successful bank: Meezan Bank. It’s almost the end of Ramadan, and the big ...

Shariah scholars, bankers and business leaders have called for the promotion of Islamic banking by offering interest-free loans. They argue that Islamic banking has become unavoidable in the current ...

Around the world, many people are beginning to see that the principles of Islamic banking are sometimes more attractive than those of conventional financial services An Emirates Islamic branch. The ...

In the United States a quiet financial revolution is going on under the radar of the public eye. It's the rise of Islamic financial institutions — ranging from small community banks in the Midwest 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 ...

Islamic banks are less risky and more resilient than their counter parts in terms of bank capital requirement and mobilisation of deposits. Somewhat perversely, the global financial crisis presented a ...

Ever wondered what Islamic Banking entails? Don’t worry, we’ve got you. Islamic Banking is based on Shari’ah laws which prohibit the earning and paying of interest – with the bank and customers ...

Islamic banking, which was once mostly seen in Muslim-majority countries, is expanding across the globe, with assets projected to reach $5 trillion over the next year, with an annual rate of growth at ...

Prior to 1985, there were no Islamic banks in Pakistan. Fast forward to today and there are six full-fledged Islamic banks (IBs) and 16 Islamic Banking Branch Networks (IBBs). These are Islamic ...

IN MOTIJHEEL, the main business district in Bangladesh’s capital, Dhaka, an iron fence and terrible traffic divide two branches of the country’s oldest private bank—a “conventional” one and an Islamic ...