News & Update

Financial inclusion through Islamic microfinance

18 August, 2017

Exploring Islamic microfinance principles and facilities within Asean would bring significant returns when it comes to engaging the lower income community, writes Tun Musa Hitam. According to statistics from the...

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PNB in push to enhance global Islamic banking

16 August, 2017

KUALA LUMPUR, Aug 16 — In an effort to turn the country into a centre of global Islamic banking, Permodalan Nasional Berhad (PNB) will push for bigger Islamic finance activities...

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Islamic finance industry hampered by global economic conditions

15 August, 2017

By Arno Maierbrugger/Gulf Times Correspondent/Bangkok   Global economic volatilities, consistently low oil prices and reduced demand for credit are among the factors that currently weigh on the Islamic financial service...

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Islamic finance and SRI share a lot of common ground

15 August, 2017

Socially responsible investment and Islamic finance share significant common ground. SEDCO Capital is working to bring them together in an innovative financial product. In the last two decades, Islamic finance...

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Push to become regional Islamic financial hub

14 August, 2017

THE Securities Commission Malaysia (SC) is paving the way to make the country a regional leader in the sustainable and responsible investing (SRI) space, but stressed that this grand objective...

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How can Islamic finance benefit Azerbaijan?

09 August, 2017

Islamic finance is still a nascent industry in Azerbaijan, even though the country’s large Muslim population base indicates great potential demand for its products and services. Nevertheless, efforts have been...

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Khazanah announces RM5 million sukuk IPO

08 August, 2017

KUALA LUMPUR (Aug 8): Khazanah Nasional Bhd has announced its initial public offering of a seven-year wakalah sukuk by special purpose vehicle Ihsan Sukuk Bhd, this time for a size...

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Jakim-approved mobile app to verify halal status

07 August, 2017

By Izwan Ismail Getting truly halal-certified products can be quite a challenge for many Muslims, especially when overseas. The problem led technopreneur Amnah Shaari to come up with an app...

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Indonesia takes big step towards boosting Islamic finance industry

01 August, 2017

By Arno Maierbrugger/Gulf Times Correspondent /Bangkok   The world’s most populous Muslim nation, so far a laggard in developing a comprehensive Islamic finance industry, took a big leap towards the...

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Retail portion of Khazanah’s SRI sukuk oversubscribed

29 July, 2017

KUALA LUMPUR: Khazanah Nasional Bhd’s retail offering of up to RM5mil sustainable and responsible investment (SRI) sukuk has been oversubscribed. The sukuk offering, issued via special-purpose vehicle Ihsan Sukuk Bhd,...

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