News & Update
Submit Press ReleaseIslamic 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...
Turkey expands Islamic banking sector, strives to become a regional hub
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...
Islamic finance plays an important role in promotion of Halal industry: Zubair Mughal
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...
TH remains under the Prime Minister’s Department
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...
ISRA-IBS Corner Sedia Bahan Bacaan Berkaitan Kewangan Islam Terbitan ISRA
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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