News & Update

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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Shariah Compliance via Blockchain and Smart Contract – The Case for Islamic Credit Card

19 July, 2017

Shariah compliance is the raison d’etre for the existence of the Islamic banking and finance industry. Shariah compliance is achieved by meeting not only the prerequisites of the pillars and conditions of...

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A touch of diplomacy needed in this Islamic finance dispute

09 July, 2017

The diplomat Richard Holbrooke, who was probably most famous for his role in bringing the 1990s Balkan crisis to an end, wrote in his memoir The Unquiet American that failures were often...

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Islamic finance gets on its feet in North Africa

04 July, 2017

Governments in North Africa are increasingly leaning towards solid regulations for Islamic finance in a quest to find Shariah-compliant alternatives for decreasing conventional funding sources in order to rein in...

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Is Bitcoin Halal? How Cryptocurrency Conforms with Islam and Sharia

17 February, 2017

Islam is the fastest growing religion in the world, according to Pew Research Center, there are about 1.6 bln Muslims in the world and they make up roughly 23 percent of...

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