News & Update
Submit Press ReleaseBest Islamic Financial Institutions In The World 2019: Coming Into Their Own
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...
UAE’s Majid Al Futtaim markets 'green' Islamic bonds
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...
Zurich Takaful taps into Souqa Fintech's PayHalal
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...
Ireland readies for Islamic finance as no-deal Brexit looms
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 –...
Federal Court’s landmark ruling puts Islamic banks at ease
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...
Islamic finance has prominent role in financial inclusion, says SC chairman
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...
MBSB Bank on investment spree to realise premier Islamic bank dream
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...
Fintech becomes strong enabler for Islamic finance
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...
Malaysia on track to become global Islamic finance hub, says Amiruddin
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...
Getting rich the Islamic way
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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