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Malaysia’s leading Shariah scholars support halal cryptocurrency but say Islamic finance ecosystem needs to catch up

08 May, 2019      566

KUALA LUMPUR - Malaysia’s leading Shariah advisors continue to believe a halal coin is on the cards, just as long as financial technology entrepreneurs maintain their appetite for it and...

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Wahed Becomes the First Globally-Accessible Halal Robo-Advisor

07 May, 2019      644

NEW YORK--(BUSINESS WIRE)--Wahed Inc. (“Wahed”), the parent company of Wahed Invest LLC, the first halal robo advisor in the United States, today announces it is expanding its operations globally. The...

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Islamic wealth management holds plenty of opportunities

07 May, 2019      676

(MENAFN - Gulf Times) Islamic wealth management has been under the radar in the Islamic finance industry for quite some time, even though the number of wealthy people, especially in...

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Bank Alkhair is said planning to exit Malaysian market

07 May, 2019      407

KUALA LUMPUR (Bloomberg): Bahrain’s Bank Alkhair BSC is planning to exit Malaysia after operating in the world’s biggest Islamic bond market for more than a decade, people with knowledge of the...

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Best Islamic Financial Institutions In The World 2019: Coming Into Their Own

07 May, 2019      173

Growth in assets and net profits across most markets in which they have significant client base made 2018 a pretty good year for Islamic financial institutions (IFIs). Realizing the importance...

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UAE’s Majid Al Futtaim markets 'green' Islamic bonds

07 May, 2019      135

Dubai: Majid Al Futtaim, a UAE-based developer and shopping mall operator, has started marketing ten-year US dollar-denominated “green” Islamic bonds, or sukuk, at about 245 basis points over mid-swaps, a...

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Zurich Takaful taps into Souqa Fintech's PayHalal

07 May, 2019      335

KUALA LUMPUR: Zurich Takaful Malaysia Bhd (Zurich Takaful) will be using Souqa Fintech Sdn Bhd’s (Souqa Fintech) PayHalal online payment system as part of its ongoing efforts to offer end-to-end...

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Ireland readies for Islamic finance as no-deal Brexit looms

01 May, 2019      128

Amid uncertainty about the future of London as a financial hub after the UK will have left the European Union – and particularly in case of a no-deal Brexit –...

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Federal Court’s landmark ruling puts Islamic banks at ease

29 April, 2019      329

ISLAMIC banks watched with bated breath as the Federal Court made a decision two weeks ago that could have had negative implications on the industry. On April 10, in a...

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Islamic finance has prominent role in financial inclusion, says SC chairman

29 April, 2019      189

KUALA LUMPUR: Islamic finance has a prominent role in helping to address unmet needs of the world's Muslim population for Shariah-compliant financial services, says Securities Commission Malaysia chairman Datuk Syed...

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