Newswrap: Islamic finance
Afghanistan to implement Islamic banking system; 2027 “very ambitious” for Pakistan’s banking sector to go fully Islamic; UAE’s ADIB sees surge in digital banking channels usage; Bahrain's Al Salam Bank launches financial learning academy.
Afghanistan to implement Islamic banking system
Da Afghanistan Bank (DAB), the central bank, announced it is planning to implement an Islamic banking system. “The implementation of the Islamic banking system will be a long process and it is being enforced in many foreign countries. It will come into effect gradually in Afghanistan as well," said Sabir Momand, the spokesman of DAB, to TOLO News.
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