Usury (often defined as interest) is not permited, saving returns are based on Profit rates

 
1 Year
2 Years
1.20%
0.00%
1.90%
2.30%
1.50%
1.92%
1.60%
2.00%
 
1 Year
2 Years
1.40%
0.00%
0.70%
1.05%
 
1 Year
2 Years
0.48%
0.00%
 
1 Year
2 Years
1.03%
0.00%
0.55%
0.65%
 
1 Year
2 Years
3.10%
3.10%

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    Standard Chartered is promient in Islamic Capital Markets acting as advisor and bookrunner

    Khalid is amongst the leading practitioners of globally.

    RHB offers Halal Banking and Investment Bank Services

    BSF offers Shariah compliant solutions to Individuals and Corporates

    UKIFS is part of TheCityUK, a Trade Body which champions the UK financial services industr

Array Bahrain Faith Mosque

Islamic Finance Industry - "Not a beauty contest"

Chief Economist for Bahrain Economic Development Board Dr Jarmo Kotilaine stated globalisation of Islamic finance is a work in progress. Kotilaine stressed that what the market needs more is a significant number of active jurisdictions to ensure Islamic finance lives up to its principles of risk sharing and asset-based financing.

 

Array Turkey DPM Babacan

Turkey ready to contribute to Islamic Mega Bank

Turkish Deputy Prime Minister Ali Babacan speaking at the Participation Banks Association of Turkey in Istanbul, said Turkey, Indonesia and the Islamic Development Bank have accelerated their efforts to establish a “megabank” with the aim of creating a platform to serve as a “central bank” for the world’s Islamic lenders.