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Islamic finance important element to support China’s New Silk Road initiative

14 March, 2019      209

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...

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BIMB Invest in partnership with CIMB Group for new ESG fund

13 March, 2019      241

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...

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BIMB Invest aims to increase global shariah equity fund to RM1bil this year

13 March, 2019      234

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...

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Etiqa aims to sustain growth

12 March, 2019      194

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...

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Saudi Real Estate Refinance Company mulls $2.3 billion Sukuk issuance

11 March, 2019      167

(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...

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Islamic finance, responsible financing share common ground, RAM says

07 March, 2019      234

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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Turkey expands Islamic banking sector, strives to become a regional hub

06 March, 2019      175

The Turkish government through its banking regulations and supervisory authority BDDK last week approved a new Islamic lender, Emlak Katilim Bankasi, to take up operations, according to a February 27...

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Islamic finance plays an important role in promotion of Halal industry: Zubair Mughal

05 March, 2019      518

Dubai: For the promotion of Halal industry the role of Islamic finance is very important. By the support of Islamic banking and finance institutions, Halal industry is growing rapidly and...

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TH remains under the Prime Minister’s Department

26 February, 2019      172

PETALING JAYA: The Prime Minister’s Office (PMO) today clarified that Lembaga Tabung Haji (TH) would remain under the purview of the Prime Minister’s Department, following rumours the pilgrims’ fund would...

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ISRA-IBS Corner Sedia Bahan Bacaan Berkaitan Kewangan Islam Terbitan ISRA

25 February, 2019      589

UUM ONLINE: Satu sudut dinamakan ISRA-IBS Corner yang menyediakan bahan bacaan mengenai kewangan Islam terbitan International Shari’ah Research Academy for Islamic Finance (ISRA) telah dilancarkan Timbalan Naib Canselor (Hal Ehwal...

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