News & Update

Submit Press Release

CIMB Islamic to boost earnings

03 October, 2018      56

PETALING JAYA: As the top arranger for the global sukuk market, CIMB Islamic is positioning itself to boost profitability by targeting core areas.  After strengthening for the last 2½ years,...

more +


BoE to create liquidity facility for Islamic finance

02 October, 2018      52

The Bank of England plans shortly to open a liquidity facility to support the UK’s Islamic finance sector, according to Deputy Governor Dave Ramsden. A new BoE subsidiary will be...

more +


Malaysia-based Matrix Concepts to develop an Islamic financial district in Jakarta

02 October, 2018      60

KUALA LUMPUR: Negri-Sembilan-based Matrix Concepts Holdings Bhd is set to develop an Islamic Financial District in north Jakarta, in a partnership with an Indonesian consortium. Matrix signed a joint venture...

more +


Qatar Looks East to Boost Islamic Finance

02 October, 2018      45

Islamic finance is “a significant growth area” for both the State of Qatar and the Qatar Financial Centre (QFC), according to QFC CEO Yousuf Mohamed al-Jaida, who also cited potential...

more +


QFC chief underscores ‘significant growth areas’ in Islamic finance

02 October, 2018      50

Islamic finance is “a significant growth area” for both the State of Qatar and the Qatar Financial Centre (QFC), according to QFC CEO Yousuf Mohamed al-Jaida, who also cited potential...

more +


Isra launches improved Islamic finance portal

01 October, 2018      55

KUALA LUMPUR: The International Shariah Research Academy for Islamic Finance (Isra) introduced a new and improved version of its Islamic Finance Knowledge Repository Portal (I-FIKR) FIKR 2.0 at the International...

more +


Al Baraka launches Islamic digital bank in Germany

01 October, 2018      46

(Reuters) - Bahrain’s Al Baraka Banking Group has launched a digital banking service in Germany with plans to offer its interest-free financial services across Europe, the Islamic lender said on...

more +


Press Release: Launch of ISRA’s Islamic Finance Knowledge Repository (I-FIKR) New Portal 2.0

01 October, 2018      243

The International Shariah Research Academy for Islamic Finance (ISRA) has just launched the new and improved version of its Islamic Finance Knowledge Repository portal (I-FIKR). I-FIKR, which was first developed...

more +


Al Baraka launches Islamic digital bank in Germany

30 September, 2018      53

(Reuters) - Bahrain’s Al Baraka Banking Group has launched a digital banking service in Germany with plans to offer its interest-free financial services across Europe, the Islamic lender said on...

more +


Partnership to unleash potential Islamic finance opportunities to implement the 2030 Agenda

27 September, 2018      64

New York, Sept 27— The United Nations Development Programme (UNDP), Securities Commission Malaysia (SC) and the Islamic Development Bank (IsDB) have partnered to advance the use of Islamic financing tools...

more +