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Federal Court’s landmark ruling puts Islamic banks at ease

29 April, 2019      436

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      261

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      270

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      346

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      275

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      254

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      353

‘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      270

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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Peserta kewangan Islam perlu tingkat pelaburan teknologi: PM

11 April, 2019      259

KUALA LUMPUR: Peserta kewangan dan perbankan Islam di Malaysia perlu mempertingkatkan pelaburan dalam teknologi bagi mentransformasikan cara perkhidmatan perbankan dikendalikan dan produk diagihkan secara berkesan.   Perdana Menteri, Tun Dr...

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First 'super Bench' of nine judges decides Bank Negara council supercedes civil courts on syariah matters

10 April, 2019      1317

PUTRAJAYA: In an unprecedented move, a nine-man Federal Court Bench handed down a landmark majority judgment that any decision by Bank Negara's Syariah Advisory Council (SAC) on Islamic finance is...

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