News & Update


01 November, 2017

LAUNCH OF THE 3rd ISLAMIC COMMERCIAL LAW REPORT 2018   1st Nov 2017, Kuala Lumpur - The International Sharīʻah Research Academy for Islamic Finance (ISRA) and Thomson Rueters in partnership...

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World Islamic Banking Conference announces record 24th edition in strategic partnership with the Central Bank of Bahrain

29 October, 2017

    World Islamic Banking Conference announces record 24th edition in strategic partnership with the Central Bank of Bahrain   The 24th edition of WIBC, also the world’s longest running...

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Saudi Arabia joins Islamic finance body, could boost cross-border deals

23 October, 2017

Oct 23 (Reuters) - Saudi Arabia’s central bank has joined an international standard-setting body for Islamic finance, a move that could help standardise industry practices and ease cross-border transactions in...

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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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