News & Update

Saudi Bank IDB Plans Blockchain Platform for Islamic Finance

20 October, 2017

The Saudi Arabian Islamic Development Bank (IDB) has put its researchers on the task of developing blockchain-based products. The project has started with the research arm, Islamic Research and Training...

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Al Rajhi Bank eyes Asean expansion

16 October, 2017

PETALING JAYA: Al Rajhi Bank Malaysia outgoing chairman Datuk Seri Dr Nik Norzrul Thani Nik Hassan Thani said his successor would continue with the plan to expand the bank’s operation...

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IFSB Engagement Session with the Indonesian Islamic Finance Stakeholders

15 October, 2017

The half-day Session is part of the IFSB’s efforts to reach out to its wide membership base, and provide an interactive platform for the international organisation to engage with the...

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M’sia leads the way in Islamic finance

12 October, 2017

PUTRAJAYA: Malaysia wants to strengthen its leading position in Islamic finance by raising more green sukuk to fund environmentally-friendly infrastructure developments. Energy, Green Techonology and Water Minister Datuk Seri Dr...

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Russia's Sberbank considers Islamic finance entity, to propose regulatory change

11 October, 2017

SYDNEY, Oct 11 (Reuters) - Russia’s largest lender Sberbank is considering setting up an Islamic finance entity and will propose regulatory changes to facilitate sharia-compliant business, a senior bank official...

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Executive Director ISRA Welcome Remarks at Islamic Fintech Dialogue 2017

10 October, 2017

بِسْمِ اللهِ الرَّحْمٰنِ الرَّحِيْمِ Assalaamu Alaikum and a very good morning! Assistant Governor, Bank Negara Malaysia, YBhg En. Marzunisham bin Omar, President & CEO, INCEIF, Dato’ Dr. Azmi Omar, Dato,...

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BNM: Malaysia an ideal test bed for fintech growth [Islamic Fintech Dialogue 2017]

10 October, 2017

KUALA LUMPUR (Oct 10): Malaysia, with its diverse population of 31 million and growing middle class, stands as an ideal "test bed" for developing and commercialising financial technology (fintech) solutions,...

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13th WIEF to tackle innovation, Islamic finance, halal goods in global development

09 October, 2017

JEDDAH - There should be more focus on enhancing the opportunities available for startup businesses initiated by youth and the Islamic finance opportunities, said Tun Musa Hitam, chairman of the World...

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Press Release - Islamic Fintech Dialogue (IFD2017)

09 October, 2017

                                               Media Contact: Mr. Shaheezam Mohamad Tel: 6 03 76514215 Mobile: 6 013 2281000 Email: shaheezam@isra.my                                                               ...

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Number of venture capital deals in 2017 already exceed last year's total- report

08 October, 2017

The number of venture capital deals raised by start-ups in the Middle East and North Africa increased to 169 during the nine months to the end of September, already surpassing...

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