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

07 May, 2019      209

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      164

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      380

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      159

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      374

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      220

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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MBSB Bank on investment spree to realise premier Islamic bank dream

24 April, 2019      222

KUALA LUMPUR: MBSB Bank Bhd stands out as the Islamic bank with the highest investment spend in a year as it heads on with the efforts to become one of...

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Fintech becomes strong enabler for Islamic finance

24 April, 2019      299

Despite his advanced age of 93 years, Malaysia’s Prime Minister Mahathir Mohamad has a great understanding of modern technology.  Speaking at the 15th Kuala Lumpur Islamic Finance Forum earlier this...

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Malaysia on track to become global Islamic finance hub, says Amiruddin

23 April, 2019      217

KUALA LUMPUR:Malaysia is on the right track towards becoming a leading global Islamic finance hub in the near future.   Deputy Finance Minister Datuk Ir Amiruddin Hamzah said this in...

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Getting rich the Islamic way

20 April, 2019      179

In October last year, Brunei hosted the Brunei Islamic Capital Market (BICAM) Conference 2018, at the Rizqun International Hotel where more than a dozen international experts in Islamic finance met,...

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