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ICD, Kapitalbank sign bilateral agreement to develop Islamic finance in Uzbekistan

13 June, 2019      241

UZBEKISTAN — The Islamic Corporation for the Development of the Private Sector (ICD), signed an agreement on Wednesday to assist Kapitalbank with technical advisory services for the establishment of new...

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Dubai developer to issue $135m in sukuk

13 June, 2019      234

DUBAI: The First Group, a Dubai-based developer and real estate investor, plans to issue $135 million in sukuk, or Islamic bonds, a company spokeswoman said. The developer has appointed investment...

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MBSB to become Islamic banking counter within 2 years

12 June, 2019      367

Malaysia Building Society Bhd (MBSB) expects its full-fledged Islamic banking business under MBSB Bank Bhd to become a holding company and assume listing status on the stock exchange within two...

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College launches degrees in Islamic finance

12 June, 2019      191

A Scottish college is offering Masters degree programmes on Islamic finance. Dundee’s Al-Maktoum College of Higher Education is collaborating with the University of Dundee to offer qualifications in MSc Islamic...

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HSBC Malaysia launches ESG Islamic structured product

11 June, 2019      300

Pic: “Investment strategies incorporating ESG have seen rapid global growth in recent years. The main factors driving ESG asset growth, among others, include the demand from asset owners and risk...

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Demand for Islamic banking to drive profitability in UAE

10 June, 2019      250

Dubai: Emirates Islamic, belonging to Emirates NBD Group, is gaining traction in asset growth, profitability and asset quality, thanks to strong demand for Islamic banking services, a sharply focused retail...

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Maybank wants to link up Gulf Cooperation Council, Asean with Islamic banking

07 June, 2019      260

KUALA LUMPUR: Maybank Islamic Bhd (MIB), the largest Islamic bank by asset in Asean, wants to be the bridge for the Islamic banking sector between the Gulf Cooperation Council (GCC)...

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Maybank wants to link up Gulf Cooperation Council, Asean with Islamic banking

06 June, 2019      208

KUALA LUMPUR: Maybank Islamic Bhd (MIB), the largest Islamic bank by asset in Asean, wants to be the bridge for the Islamic banking sector between the Gulf Cooperation Council (GCC)...

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Escudero, Gatchalian seek approval of Islamic banking act

31 May, 2019      190

Outgoing Senator Francis ‘’Chiz’’ Escudero and Senator Sherwin Gatchalian have sought congressional approval of a bill seeking the establishment of a sound legal and regulatory framework for the development of...

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Islamic finance ‘key to Saudi Arabia’s economy’

29 May, 2019      240

RIYADH: The Islamic finance industry’s role in stimulating the national economy was highlighted at a Riyadh workshop organized by the Saudi Arabian Monetary Authority (SAMA). Turki Al-Mutairi, SAMA deputy governor...

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