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FINANCIAL NEWS
Jeddah IRTI, Arab Academy sign agreement on Islamic banking expansion
08 Apr 2014
(MENAFN) Jeddah-based Islamic Research & Training Institute (IRTI) and the Alexandria-based Arab Academy for Science and Technology have signed an agreement to expand Islamic banking and finance in the Arab world, according to Arab News.
The agreement includes plans to translate books in Islamic banking and finance into English. The IRTI Director General said: “Most books in the industry are now in English.”
Islamic banking is now expanding rapidly worldwide, especially after the global financial crisis.
IRTI Director General Mohd Azmi Omar said: “Islamic banks finance productive projects that can boost real economy and do not engage in speculative and unethical business activities.”
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08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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