1. Turkish Islamic Banks Dashboard: 2021 - Fitch Ratings
Description: The Islamic (participation) banks’ share baningsector assets rose to 7.2% at end-2020 (end-2019: 6.3%), compared to the government’s aim of 15% by 2025. Rapid financing growth was underpinned by the Credit Guarantee Fund and the Asset Ratio requirement applicable to all banks (but set at a lower ...
2. BSP maintains flexibility to attract Islamic banks ...
Description: Universal and commercial banks could venture into Islamic banking as the law requires a minimum capitalization of P3 billion for the establishment of a head office and P15 billion to put up ...
3. Saudi Islamic Banks' Asset Quality Prone to Deterioration ...
Description: Islamic banks will continue to face pressure on profitability, particularly from lower official profit rates and elevated financing impairment charges. It is still unclear whether the merged bank of The National Commercial Bank and SAMBA Financial Group (both A-/Negative) will convert into a fully fledged Islamic bank.
4. Islamic Development Bank - Wikipedia
Description: The Islamic Development Bank (Arabic: البنك الإسلامي للتنمية) is a multilateral development finance institution that is focused on Islamic finance located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia.
5. Bank Sharia Indonesia vying for place among leading ...
Description: Indonesia’s Islamic banking assets in 2020 grew by 10.9 percent, while the conventional ones only clocked 7.7-percent growth. Likewise with third-party funds — Islamic banking recorded an increase of 11.56 percent, slightly superior to conventional banks, which registered a rise of 11.49 percent.
6. Islamic religious police - Wikipedia
Description: Islamic religious police is an official vice squad which enforces religious observance and public morality on behalf of national or regional authorities based on its interpretation of sharia. The practice is generally justified with reference to the doctrine of hisba, which is based on the Quranic injunction of enjoining good and forbidding evil, and refers to the duty of Muslims to promote ...