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ISLAMIC BANKING AND FINANCE
Nifty Bank rallies 1,000 points; HDFC Bank, IndusInd, Yes Bank, and other stocks jump up to 3%. What lies ahead?Banking stocks rallied sharply on Monday, pushing the Nifty Bank index nearly 1,000 points higher as easing geopolitical tensions and falli...- How US President Donald Trump's crypto venture and Iran's top exchange tapped into the same industry networksIran's Nobitex exchange moved billions through Tron and BNB Chain, networks by Justin Sun and Changpeng Zhao. These blockchains facilitated...
- MDBs to deepen collaboration to support nations amid heightened global uncertaintyGlobal development banks are joining forces to help countries navigate economic challenges. They are combining resources and knowledge to m...
- Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
- Indian banks should exploit untapped potential in Islamic banking: ExpertsIslamic finance, including its interest-free and equity-based banking system, can complement the existing Indian banking and finance system...
- Can't share the details of government response on Sharia banking report: RBIRBI was asked to give the copy of the letter sent to it by the ministry on the recommendation of its Inter-Departmental Group (IDG) regardi...
- Indian banks have capacity to launch South Asian Shariah FundSultan noted Prime Minister Narendra Modi's wide range of business and investment discussions during his recent visit to Saudi Arabia.
- IIM Kashipur begins 2-day course on Islamic banking & financeIndian Institute of Management (IIM) Kashipur today launched a two-day management development programme on Islamic Banking and Finance.
- BSE Institute, TASIS to launch course in Islamic bankingBSE Institute, in association with TASIS, has devised an online certification programme in `Islamic banking, finance and capital markets'.
- UK promotes London as Islamic finance hubThe British government has launched a new campaign to promote London as a centre for Islamic finance.
- Islamic NBFC Alternative Investments and Credits to move court against Reserve Bank of IndiaA director of the company told ET that the board is weighing legal options to obtain a stay on the regulator's decision to cancel the certi...
- World's first Islamic inter-bank benchmark rate launchedReuters on Tuesday launched the world's first Islamic finance benchmark rate, designed to provide the average expected return on Shariah-co...
- 'Islamic banking ideal to boost green finance'Islamic Banking is the right platform to boost 'green financing' as it is based on the concept of promoting good practices, an Indian banke...
- ET in the classroom: What is Islamic finance?Islamic finance refers to a financial system that is consistent with the principles of Sharia, the sacred law of Islam.
- Finmin wants NBFCs to start Islamic bankingThe finance ministry is considering a new category of non-banking finance companies (NBFCs) that will offer Islamic banking products in Ind...
- Amar Singh to pitch for Islamic banking before PM, FMSamajwadi Party general secretary Amar Singh today said he would urge Prime Minister Manmohan Singh and Finance Minister P Chidambaram to c...
- Amar Singh to pitch for Islamic banking before PM, FMSamajwadi Party general secretary Amar Singh would urge Prime Minister Manmohan Singh and Finance Minister P Chidambaram to consider introd...
- Malaysia Maybank open to stake sale in Islamic unitMalaysia's top lender, Malayan Banking Bhd , will consider selling a stake in its Islamic bank, a unit whose financing and deposit business...
- Malaysian banks to set up ICBUsBank Negara Malaysia, has decided to allow commercial and investment banks in the country to set up international currency business units (...
- Bankers queue to learn Islamic bankingIslamic banking are fast becoming a popular alternative system of banking, not just in Islamic countries.
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