3 Islamic Banks driving digitisation in North AfricaBy Delisha FernandesToday Cash ManagementDigital BankingFaisal Islamic Bank of Egypt ShareIslamic Finance is often called Sharia-compliant finance, highlighting the main difference between conventional and Islamic Finance. According to Statista, in 2021, the total assets of global Islamic banking amounted to about $2.8 trillion. The total value of global Islamic banking assets was projected to continue to increase. Here are 3 Islamic banks driving digitisation in North Africa:Faisal Islamic Bank of Egypt is an Egyptian Sharia-compliant and commercial bank. ALSO READ: Islamic Banking Systems and Suppliers Report Q4 2022

Source: The North Africa Journal July 24, 2023 07:52 UTC