Tag: Digitization & Digitalization

Ithmaar Bank has enhanced its cybersecurity architecture with a digital risk protection solution in a bid to protect its customers and the general public...

The overall market penetration of Islamic banking in the UAE has fallen from 60% in 2019 to 58% in 2020, but there has been...

Two Kuwaiti banks are rolling out digital onboarding solutions, underscoring the Gulf state’s readiness to embrace digital banking. Kuwait Finance House (KFH) and National Bank...

Abu Dhabi Islamic Bank (ADIB) has launched ADIB Chat Banking, a chatbot service available in Arabic, English and the Emirati Arabic dialect. The service...

Bank Indonesia (BI) has launched its chabot named LISA which can be contacted through the WhatsApp, Line Messenger and Facebook Messenger applications, according to...

The Pakistani government’s endeavor to attract investments into Shariah compliant sovereign instruments through its newly introduced digital platform is also creating new opportunities for...

Mutual Trust Bank will be upgrading the digital infrastructure of its Islamic banking business with the Ababil Islamic core banking system by Millennium Information...

Islamic interbroker Eiger Trading Advisors has adopted a new digital solution by Connectif Technologies to optimize efficiency as part of its growth strategy, IFN...

Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) has launched BEAT, a wrist-wearable device for contactless electronic payments, according to its website.

Faisal Islamic Bank (FIB) will become one of the first banks in Sudan to issue cashless payment products via global payment platform Visa, a...