Ian Butlin’s Post

Islamic banking stands out by emphasizing ethical investments, risk sharing, and financial stability. Unlike traditional banking, it prohibits interest and promotes profit-and-loss sharing, ensuring fairness and transparency. With asset-backed financing and a focus on real economic activities, Islamic banking supports sustainable growth and community development. #IslamicBanking #EthicalFinance #SustainableGrowth #FinancialStability

Discover Ethical Islamic Banking today. Join the movement

Islamic banking is based on principles which include profit and risk-sharing. It also avoids investments in businesses considered to be haram. Download the ruya app today to discover our ethical Islamic banking services. Click the link in our bio to get started! #ruya #IslamicBanking #EthicalBanking

🌟 Discover the ruya way: Banking that Matches Your Values! 🌟 Good morning and happy Friday, lovely people of the UAE! Have you ever wondered how your bank aligns with your core values? At ruya, we’re not just about transactions; we’re about transformations - transformations aligned with the timeless principles of Islamic economy and finance. Here’s why banking with us is like finding a gem in the desert: 💚 Ethical Financing: We say NO to interest (riba). Our profits are made through fair and ethical means. Whether you’re buying a home or growing your business, we invest in you, not just loan to you. 💡 Risk-Sharing: Imagine a friend who not only lends you an umbrella but also shares the rain with you! That's how we handle investments. We share the risks, ensuring that you’re never alone in facing the financial storms. 🌿 Social Responsibility: Every Dirham you invest with us supports projects that care for our community. From eco-friendly initiatives to social welfare, your money is a force for good. 🤝 Transparency: No hidden fees, no surprise charges. We believe in clear, honest communication. You’ll always know where and how your money is being used. So, whether you’re saving for a rainy day or planning a bright future, choose ruya. Where your values meet your value. Let’s make more than money; let’s make a difference together! Join the movement. More infos at ruya #IslamicFinance #EthicalBanking #CommunityBanking #ruya #UAE

I am pleased to share my most recent article, titled "Excess Liquidity and Liquidity Management Practices in Somalia's Islamic Banking Industry," which has been published in Islamic Finance News. This article was first published in IFN Volume 21 Issue 3 dated the 10th of January 2024. #somalia #islamicbanking #liquiditymanagement #islamicfinance #treasurymanagement

Islamic Banking Emerges as a Global Financial Powerhouse The banking industry's relentless evolution has birthed numerous financial sectors, with Islamic banking standing out as one of the fastest-growing segments worldwide. Originating as an alternate banking system in predominantly Islamic economies, Islamic banking transcends religious boundaries, offering a unique approach to finance accessible to all. Formerly considered a niche, Islamic finance has swiftly ascended to prominence in the global financial system. Its exponential growth underscores its resonance beyond traditional banking paradigms. Delve deeper into its evolution, business models, and burgeoning influence in our blog: https://lnkd.in/dEyKNAtH . . . #islamicfintech #islamicbanking #financeandbankingindustry #blogpost #binmile #islamicbankingsystem #shariacomplaintlaw #IslamicBankingBusinessModels #islamicbankingsolutions #islamicfinancialsystem #fintechsoftwaredevelopmentcompany #islamicbankingsoftware #islamicbankingadoptingfintech #uae #indonesia #saudiarabia #oman #qatar #middleeastbusiness

Another insightful discussion yesterday with Prof Tariqullah Khan, who posed a compelling question to the audience: "What is your vision for Islamic Banking?" Here are some visionary perspectives from astute Islamic bankers: Responsible Banking: Prioritizing ethical and socially responsible practices in banking operations. Blended Financing: Leveraging innovative financing models to address diverse financial needs. Toyyib Score: Emphasizing quality and ethical standards in financial products and services. Integrated Reporting: Providing transparent and comprehensive reporting on financial and non-financial performance. Sustainability Champs: Leading the charge in promoting sustainable development and environmental stewardship. Shumuliyyah (Comprehensiveness): Adopting a holistic approach to banking that considers social, economic, and environmental impacts. As the global economy continues to evolve, Islamic banking has a crucial role to play in unlocking new opportunities and addressing real economic challenges. What's your vision for the future of Islamic banking? Share your thoughts and let's continue the conversation! 💬🌍 #IslamicBanking #FinanceVisionaries #SustainableFinance

𝗜𝘀𝗹𝗮𝗺𝗶𝗰 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 𝗚𝗖𝗖: 𝗔 𝗦𝘁𝗲𝗮𝗱𝘆 𝗖𝗹𝗶𝗺𝗯 𝘁𝗼 𝗣𝗿𝗼𝗺𝗶𝗻𝗲𝗻𝗰𝗲🏦 Comparing the percentages of Islamic Banking (I.B.) in each country to the total banking market share, shows that I.B. has firmly established itself as a mainstream financial force in the GCC. This reflects the growing demand for Sharia-compliant products due to its ethical and risk-averse principles. Ongoing efforts set to enhance the accessibility of Islamic financial products are being made like: - Standardizing Sharia interpretation - Streamline Sukuk issuance 📈 With the GCC at the forefront, Islamic banking's expansion is becoming an integral part of the global financial ecosystem, making it more inclusive and ethical financial future. #IslamicBanking #GCCFinance #ShariaFinance #IslamicFinance #Sukuk #ThoughtLeadership #Sustainability #ESG Sahil Anand | Ramkumar Venkataraman | Chetan Parekh | Ramakrishnan Viswanathan | Divya Shah | Pankul Verma | Angleen Malik | Aditya Agarwal | Robin Amlôt | Ojas Kulkarni | Amit Jain | Nikhil Gokhale | Subit Saurav |

In case you missed it, listen to Mohamad El Khalil, our Director of Prudential Supervision, as he delves into the world of Islamic banking on Radio Monte Carlo Doualiya / MCD.   Gain valuable insights into the intersection of finance and Islamic principles during this engaging discussion. #dfsa #islamicbanking #financialservices #islamicsharia

We would like to thank Our Panelists for participating in the Panel Discussion - Embracing the Digital Era: Envisioning Islamic Finance For Economic Development. 1) Ali Ahmed Habib Al Lawati, AGM - Corporate Banking at Meethaq Islamic Banking 2) Saif Al Rawahi, AGM – Investment & Government Banking at Bank Nizwa 3) Mohammed Al Mulla, Head of Priority Banking at Maisarah Islamic Banking Services 4) Issa bin Salim Al Riyami, Head of Shari'a Audit and Compliance at Alizz Islamic Bank Moderated by Khalfan Al Rahbi, Editor-in-Chief, Alam Al-Iktisaad