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FDH Bank rolls out first Islamic banking window

FDH Bank plc has rolled out Islamic banking that will provide Shariah-compliant products and services managed separately through a special window from conventional banking. Islamic banking, also referred to as Islamic finance, is premised on two fundamental principles of Islamic banking, which entails sharing of profit and loss and the prohibition of the collection and ....

Malawi General , South Africa , Sheikh Alhaj Twaibu Lawe , James Chiutsi , Alick Nyasulu , Patrick Mhango , Noel Mkulichi , Shariah Advisory Committee , Muslim Association Of Malawi , Charity Mseka , Medium Businesses Association , City Centre , Qadria Association Of Malawi , Reserve Bank , Qadria Association ,