Hossein Askari, who teaches at George Washington University, tells the Tehran Times that “Our mission is to stimulate peaceful reform in Muslim countries by encouraging effective institutions, in the ...

The Islamic banking industry may have expanded swiftly in recent years, but the avenues of Shariah-compliant investments available to it remain limited. While conventional banks can invest in an array ...

AMMAN — After its establishment in 1976, and well into its blossoming in the early 2000s, the Grameen Bank in Bangladesh proved to the world of finance that non-predatory banking does in fact work.

KARACHI: Acting Governor State Bank of Pakistan Yaseen Anwar has said the central bank is working with stakeholders to develop Islamic instruments which will provide some flexible and convenient ...

Islamic banks in Oman look set to wait many more months for access to additional sharia-compliant money market tools after the central bank ruled out introducing them until the government issues its ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. In conformity with Islamic banking principles, Spectrum now supports ...

Besides ability to provide precise measurements of altitude, local time, and position of starts, al-Khujandi’s astrolabe is of astounding beauty. Credit: The Museum of Islamic Art, Doha: Marc ...

Men in orange jumpsuits purported to be Egyptian Christians held captive by the Islamic State kneel in front of armed men allegedly preparing to behead them in Libya. ISIS has now reportedly focused ...

Islamic finance provides socially responsible products and the COVID-19 environment could give an opportunity to leverage them, a report by S&P Global Ratings showed. Measures to combat the spread of ...