News & Update

HRH Sultan Nazrin Muizzuddin Shah Launches SC and ISRA Publish Textbook on “Sukuk: Principles and Practices”

03 October, 2017

MEDIA RELEASE Kuala Lumpur, 3 October 2017 SC and ISRA publish textbook on “Sukuk: Principles and Practices” Securities Commission Malaysia (SC) and The International Shari’ah Research Academy for Islamic Finance...

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AAOIFI’s Shari’ah Board Holds its 29 Meeting & Issues Exposure draft of“Sale of Debt” for Which It Seeks to Invite Islamic Finance Industry Feedback

28 September, 2017

By Dr. Hamed Merah: The Shari’ah Board of the Accounting and Auditing Organization for Islamic Institutions (AAOIFI)- a body consisting of 20 Shari’ah scholars from 15 countries around the world,...

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Islamic finance climbs higher on UNDP agenda

26 September, 2017

The 72nd session of the UN General Assembly held from September 19 to 25 in New York saw no shortage of tit-for-tats between statesmen, notably the war of words between...

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ITS 'ETHIX' Wins Best Islamic Finance Technology Product 2017

26 September, 2017

International Turnkey Systems Group (ITS), the market leading provider of comprehensive Shariah-compliant financial solutions, was recently awarded the "Best Islamic Finance Technology Product 2017” for its innovative ‘ETHIX’ product range...

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Algeria Turns to Islamic Banking to Resolve its Financial Crisis

23 September, 2017

Algiers– Algeria will introduce Islamic financial services before 2018 as a way to cope with its financial crisis, announced Prime Minister Ahmed Ouyahia on Thursday. The services will be available...

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Banking industry may hit tipping point

23 September, 2017

THE financial market will eventually reach a tipping point where it would have to choose whether to continue duplicating Islamic finance products and services from conventional banking or settle for...

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ISRA participates with the coinciding event of the 72nd session of the UN General Assembly co-organized by the IDB and UNDP

20 September, 2017

Islamic finance, a strong and scalable funding source for global development Sep 20, 2017  Magdy Martínez-Solimán, UN Assistant Secretary General and Director of UNDP’s Bureau for Policy and Programme Support...

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Championing Islamic finance

20 September, 2017

PRIME Minister Datuk Seri Najib Razak’s whistle-stop meeting with his British counterpart Theresa May at 10 Downing Street last Thursday when they vowed to strengthen business, trade and investment ties...

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Islamic Banks adopt customer service charter

19 September, 2017

KUALA LUMPUR: The Association of Islamic Banks Malaysia (AIBIM) has adopted the Customer Service Charter for the Islamic banking fraternity in an effort to solidify the commitment towards improving customer...

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Time for Shariah scholars to step up

18 September, 2017

Shariah scholars involved in Islamic finance should walk the talk by translating their ideas and proposed solutions into concrete actions. The ringing challenge came from Bank Negara Malaysia (BNM) governor...

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