Tags » Ethical Banking

Ten-Year Conversion by Malaysian Bank Shows Islamic Hub Hurdles

BY Elffie Chew
January 27, 2016

It took a Malaysian lender more than 10 years to complete its conversion to a fully-fledged Islamic bank, highlighting the challenge for countries such as Indonesia in their bid to become Shariah funding hubs. 494 more words

Asia

Co-op ditches ethics in purge of Palestine-related bank accounts

The Co-operative Bank – formerly known for its relatively ethical practices – has unilaterally closed the accounts of at least 20 groups involved in Palestine solidarity efforts – including the national PSC itself. 718 more words

Palestine Solidarity

Time to close your Co-op bank account

The Co-op bank have closed the Palestine Solidarity Campaign bank account!

PSC along with 20 local groups working for Palestine (including 10 PSC branches) have had their bank accounts unilaterally closed by the Co-operative bank. 387 more words

Solidarity

Bank Scandals Increase Interest in Islamic Banking

Bank Scandals Increase Interest in Islamic Banking

October 26, 2015 8:33 AM

SINGAPORE—A stream of major bank scandals has increased interest in “ethical finance,” which could benefit the Islamic banking sector. 649 more words

Asia

Do you provide services for halal travel deserving of an Islamic Economy Award?

Author: Blake Goud

Halal travel is an area within the Islamic economy where many different product sectors overlap to provide the services demanded by Muslim travelers and destinations. 508 more words

Islamic Economy

Ethical Finance Innovation Challenge & Awards (EFICA) returns for third year

Each year the list gets longer: the biggest banks admitting guilt in LIBOR rigging, FX rigging, money laundering and other misbehavior that leads them to multi-billion settlements with regulators.  306 more words

Islamic Economy

Put your money where your mouth is

“You’re passionate about upcycling, buying free range, and have thank you letters from charities coming out of your ears. But when it comes to banking, do your principles have to take a back seat?” Wh… 64 more words

Fair Trade