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Zurich Takaful taps into Souqa Fintech's PayHalal

07 May, 2019      534

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      271

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      548

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      332

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      347

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      423

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      340

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      333

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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FNB launches Islamic finance facility as demand for Shari’ah compliant import finance grows

16 April, 2019      443

‘There’s strong appetite in the market for Islamic trade finance products amongst South African businesses,’ says a CEO. First National Bank said it had launched trade finance as part of...

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IILM reissues US$500 mil sukuk

12 April, 2019      344

KUALA LUMPUR (April 10): International Islamic Liquidity Management Corporation (IILM) has successfully reissued US$500 million in short-term sukuk in two series. The sukuk was rated A-1 by Standard & Poor’s...

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