News & Update
Submit Press ReleaseFNB launches Islamic finance facility as demand for Shari’ah compliant import finance grows
‘There’s strong appetite in the market for Islamic trade finance products amongst South African businesses,’ says a CEO. First National Bank said it had launched trade finance as part of...
IILM reissues US$500 mil sukuk
KUALA LUMPUR (April 10): International Islamic Liquidity Management Corporation (IILM) has successfully reissued US$500 million in short-term sukuk in two series. The sukuk was rated A-1 by Standard & Poor’s...
First 'super Bench' of nine judges decides Bank Negara council supercedes civil courts on syariah matters
PUTRAJAYA: In an unprecedented move, a nine-man Federal Court Bench handed down a landmark majority judgment that any decision by Bank Negara's Syariah Advisory Council (SAC) on Islamic finance is...
Federal Court rules Bank Negara SAC findings binding on Civil Courts
PUTRAJAYA, April 10 — The Federal Court in a 5-4 majority decision held that Bank Negara Malaysia’s Shariah Advisory Council’s (SAC) findings on Islamic finance is binding on Civil Courts....
PM: Islamic banking players must invest in technologies
KUALA LUMPUR: Islamic banking and finance players must be intensely invested in technologies to transform the way they conduct banking services and disseminate their products more effectively and efficiently. In...
Islamic financial participants need technology-level investment: PM
KUALA LUMPUR: Islamic financial and banking participants in Malaysia need to enhance investment in technology to transform the way banking services are operated and products are effectively deployed. Prime Minister...
AAOIFI Board of Trustees appoints new Secretary General
The Board of Trustees of the the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) appointed Mr. Omar Mustafa Ansari as its new Secretary General in its meeting held...
Emirates Islamic becomes world's first Islamic bank to launch banking via WhatsApp
Dubai: Emirates Islamic has announced the launch of Chat Banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. The bank’s customers will now able to conduct...
Qatar Chamber to support local products to enter world halal market
DOHA: Qatar Chamber has participated in the three-day International Halal Conference and Exhibition that concluded in Kuala Lumpur yesterday. The Chamber’s delegation was headed by the Board Member Dr. Mohamed Jawhar...
Bungkus by honestbee, our solution to the problem with halal food delivery in Malaysia
The Launch of BUNGKUS BY HONESTBEE graced by Hanisofian Alias, Vice President Industry Development, Halal Industry Development Corporation. KUALA LUMPUR, April 4th, 2019- Bungkus by honestbee was officially launched...
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