News & Update
Submit Press ReleaseIslamic finance can play a big role in confronting poverty & inequality: Anwar Ibrahim
By Mohammad Shoeb | The Peninsula Islamic finance can play big role in confronting social and economic challenges such as growing inequality, poverty reduction, and the empowerment of marginalised people...
Al Baraka Islamic Bank to cease operations at its diplomatic area branch
Manama, Bahrain: In line with its strategy to expand its presence in the digital banking sphere, Al Baraka Islamic Bank (Al Baraka – Bahrain), one of the leading financial institutions...
The 11th Edition of The World Halal Conference Aims Towards Fostering A Robust Halal Economy Through Global Integration and Ethical Practice
News Release THE 11TH EDITION OF THE WORLD HALAL CONFERENCE AIMS TOWARDS FOSTERING A ROBUST HALAL ECONOMY THROUGH GLOBAL INTEGRATION AND ETHICAL PRACTICE KUALA LUMPUR – The 11th World Halal...
INCEIF collaborates with key stakeholders as it pushes for sustainable financing
Kuala Lumpur, 14 March 2019 – The International Centre for Education in Islamic Finance (“INCEIF”) constantly engages with its stakeholders to push the agenda of promoting sustainable development and exploring...
Islamic finance important element to support China’s New Silk Road initiative
Shariah-compliant financing plays a steadily growing role in China’s New Silk Road project, also known as Belt and Road Initiative, a mega-development plan for infrastructure and economic development currently involving...
BIMB Invest in partnership with CIMB Group for new ESG fund
KUALA LUMPUR: BIMB Investment Management Bhd (BIMB Invest), a wholly-owned subsidiary of Bank Islam Malaysia Bhd, is targeting RM1 billion subscription for its BIMB-Arabesque i Global Dividend Fund 1 this...
BIMB Invest aims to increase global shariah equity fund to RM1bil this year
KUALA LUMPUR: Bank Islam Malaysia Bhd’s unit, BIMB Investment Management Bhd (BIMB Invest) aims to increase the size of its global shariah-environmental, social and governance (ESG) equity fund, BIMB-Arabesque i...
Etiqa aims to sustain growth
PETALING JAYA: Malayan Banking Bhd’s insurance unit Etiqa aims to stay ahead of the market in terms of growth amid a challenging economic and operating environment. Etiqa Insurance and Takaful group...
Saudi Real Estate Refinance Company mulls $2.3 billion Sukuk issuance
(Bloomberg) --Saudi Arabia’s first mortgage-refinancing firm is set to debut in the bond market with a plan to raise as much as SAR 8.5 billion ($2.3 billion) this year as...
Islamic finance, responsible financing share common ground, RAM says
KUALA LUMPUR: RAM Rating sees Islamic finance playing a vital role in supporting the implementation of socially responsible investing (SRI, which includes environment, social and governance (ESG) matters) and funding...
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