islamic banking

Is Islamic finance facing headwinds?

Rabiul Islam, a practising Muslim who works at a private organisation, refrained from conventional banking services for many years as both paying and receiving interest are against his religious principles.

Half of remittances came thru Islamic banking in Dec

Nearly half of the total remittances in December last year came to Bangladesh through Islamic banking channels, according to the Bangladesh Bank.

Liquidity stress at Islamic banks shows no sign of abating

Liquidity in Shariah-based banks in Bangladesh remains tight due to a dip in deposit collection and the banks’ inability to make the most of the central bank support to overcome the situation, Moody’s Investors Service said in a report.

Islamic banks face liquidity challenges

The Islamic banking sector in Bangladesh continues to face liquidity challenges because of weak governance and regulatory quality, Fitch Ratings said.

Shaping the future of Islamic Banking in Bangladesh: Insights from banking leaders

In the pursuit of providing modern technology and Islamic Shariah-based banking services to the masses in Bangladesh,

Islamic Banking in Bangladesh / Expanding Horizons and Future Prospects

Islamic banking has garnered people’s attention with robust growth over the last decade as a large number of people in Bangladesh prefer the Shariah-based banking system for their financial transactions.

Islamic banking poised to expand

Islamic banking is set to grow from the current level in Bangladesh, which will offer a huge opportunity to banks and financial institutions and accelerate financial inclusion, said Sabbir Ahmed, head of retail banking of Standard Chartered Bangladesh. 

July 27, 2024
July 27, 2024

Is Islamic finance facing headwinds?

Rabiul Islam, a practising Muslim who works at a private organisation, refrained from conventional banking services for many years as both paying and receiving interest are against his religious principles.

May 3, 2024
May 3, 2024

Half of remittances came thru Islamic banking in Dec

Nearly half of the total remittances in December last year came to Bangladesh through Islamic banking channels, according to the Bangladesh Bank.

September 16, 2023
September 16, 2023

Liquidity stress at Islamic banks shows no sign of abating

Liquidity in Shariah-based banks in Bangladesh remains tight due to a dip in deposit collection and the banks’ inability to make the most of the central bank support to overcome the situation, Moody’s Investors Service said in a report.

September 14, 2023
September 14, 2023

Islamic banks face liquidity challenges

The Islamic banking sector in Bangladesh continues to face liquidity challenges because of weak governance and regulatory quality, Fitch Ratings said.

June 11, 2023
June 11, 2023

Expanding Horizons and Future Prospects

Islamic banking has garnered people’s attention with robust growth over the last decade as a large number of people in Bangladesh prefer the Shariah-based banking system for their financial transactions.

June 11, 2023
June 11, 2023

Shaping the future of Islamic Banking in Bangladesh: Insights from banking leaders

In the pursuit of providing modern technology and Islamic Shariah-based banking services to the masses in Bangladesh,

November 3, 2022
November 3, 2022

Islamic banking poised to expand

Islamic banking is set to grow from the current level in Bangladesh, which will offer a huge opportunity to banks and financial institutions and accelerate financial inclusion, said Sabbir Ahmed, head of retail banking of Standard Chartered Bangladesh.