Islamic finance has received a major boost as the Federal Government has announced plans to integrate Islamic finance accounting and auditing standards into Nigeria‘s financial reporting system, a ...

For decades, Muslims have debated whether bank interest is the riba that is forbidden in Islamic law. However, this might be ...

Islamic trade finance (ITF), a sector powering over $2 trillion in annual trade flows, is entering its AI era. From compliance to risk assessment, artificial intelligence is automating the manual, ...

Forbes contributors publish independent expert analyses and insights. AI researcher working with the UN and others to drive social change. Aug 21, 2025, 07:33am EDT Aug 21, 2025, 09:50am EDT 3D ...

THE roadmap for eliminating riba from Pakistan’s financial system from 2028 offers some clarity on how the government intends to implement the four-year-old Federal Shariat Court ruling. The policy ...

Agentic systems are reshaping the future of Islamic banking, with experts warning that their growing role in finance and business makes it imperative to define how the sector adapts to this new ...

Islamic financial institutions were not immune to the turmoil of the past two years, but their strict ethical code helped them prosper in many areas where others foundered. The world of Islamic ...

Although there are challenges, such as a lack of legislation and expertise, Islamic finance may present new avenues for attracting investment. According to Mordor Intelligence, Islamic finance has ...

Our annual awards illustrate how shariah-compliant institutions are expanding into new markets, even in the non-Islamic West, and taking up the global call for “inclusive growth.” Officials cut a ...

BankIslami has been recognised as the best Islamic bank in Pakistan, demonstrating exceptional strides in the performance and expansion of Islamic financial services across the nation. The institution ...

Maybank Islamic has firmly positioned itself as Malaysia’s best Islamic bank, leading the charge in revolutionising Islamic financing both locally and across the ASEAN region. Its dominance is ...