What are the five Islamic banks?
Islamic banking adheres strictly to Sharia law, prohibiting interest collection and engaging in risk-sharing financial transactions. Five prominent global institutions leading Islamic finance include Al Rajhi Bank, one of the largest Islamic banks in the world based in Saudi Arabia; Kuwait Finance House, a pioneer in international Islamic commercial services; Dubai Islamic Bank, the oldest and largest Islamic bank in the United Arab Emirates; Abu Dhabi Islamic Bank, offering extensive consumer and corporate Sharia-compliant products; and Maybank Islamic, the leading Islamic banking arm operating across Southeast Asia.
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