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The UK can be a world leader in Islamic finance

10 May, 2019      273

Islamic finance is reinforcing the UK’s position as a global financial hub, says Amir Firdaus, CFO of the UK’s oldest and largest Islamic bank, Al Rayan Bank. The UK has...

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Thriven Global accepts RM23m Islamic financing credit facility to finance property development

09 May, 2019      270

KUALA LUMPUR (May 9): Thriven Global Bhd’s subsidiary Mayfair Ventures Sdn Bhd has accepted an RM23 million Islamic financing credit facility from Kenanga Investment Bank to finance a syariah compliant...

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Islamic finance startup Alami secured funding from Singapore’s Tryb Group

08 May, 2019      288

Indonesian Islamic fintech platform Alami has raised a pre-seed funding round by Singaporean fintech investor Tryb Group. Tryb is an early stage investor with has multiple fintech companies across Southeast...

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

08 May, 2019      748

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      837

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      920

(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      553

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      288

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      212

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      439

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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