The balance sheet remained healthy, maintaining strong capital ratio. Bank ABC Islamic, has won the title of ‘Best Islamic Financial Institution in Bahrain’ at Global Finance’s World’s ...

Bahrain - Bank ABC Islamic has achieved 13 per cent year-on-year growth in net profit at $52.3 million for the year ending December, 31 2024 compared to $46.3 million for 2023. The increase in ...

Pakistan, one of the largest Muslim-majority nations in the world, has yet to establish a fully operational Islamic Digital Banking. Despite the growing demand for Shariah-compliant banking ...

Ithmaar Bank, a Bahrain-based Islamic retail bank, reported a net profit attributable to equity holders of BD10.14 million ($26.92 million) for 2024, a 156.3 percent increase compared to the net ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Islamic banking in Bangladesh has emerged as a formidable sector since its inception, playing a pivotal role in mobilizing deposits and financing various economic activities.

1 Day ICBIBANK 0.00% DJIA -0.37% S&P Mid Cap 400 -0.08% Financial Services -0.23% ...

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Its banking products include direct and indirect finance, loans, social funds, deposits, savings, credit cards, issuance of letters of guarantee, and other Islamic banking services, in addition to ...

At ABC Bank, we aim to build lasting relationships and empower our customers to achieve financial success and this award is a testament to this commitment.’’ ABC Bank Group Managing Director ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...