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

10 April, 2019      1335

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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Federal Court rules Bank Negara SAC findings binding on Civil Courts

10 April, 2019      808

PUTRAJAYA, April 10 — The Federal Court in a 5-4 majority decision held that Bank Negara Malaysia’s Shariah Advisory Council’s (SAC) findings on Islamic finance is binding on Civil Courts....

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PM: Islamic banking players must invest in technologies

10 April, 2019      240

KUALA LUMPUR: Islamic banking and finance players must be intensely invested in technologies to transform the way they conduct banking services and disseminate their products more effectively and efficiently. In...

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Islamic financial participants need technology-level investment: PM

10 April, 2019      1465

KUALA LUMPUR: Islamic financial and banking participants in Malaysia need to enhance investment in technology to transform the way banking services are operated and products are effectively deployed. Prime Minister...

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AAOIFI Board of Trustees appoints new Secretary General

08 April, 2019      799

The Board of Trustees of the the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) appointed Mr. Omar Mustafa Ansari as its new Secretary General in its meeting held...

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Emirates Islamic becomes world's first Islamic bank to launch banking via WhatsApp

08 April, 2019      289

Dubai: Emirates Islamic has announced the launch of Chat Banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. The bank’s customers will now able to conduct...

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Qatar Chamber to support local products to enter world halal market

08 April, 2019      269

DOHA: Qatar Chamber has participated in the three-day International Halal Conference and Exhibition that concluded in Kuala Lumpur yesterday. The Chamber’s delegation was headed by the Board Member Dr. Mohamed Jawhar...

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Islamic banking in Ethiopia offers Muslims financial inclusion

05 April, 2019      272

Sharia-compliant finance boosts financial inclusion in Ethiopia, but a fully-fledged Islamic bank has yet to take root. Addis Ababa, Ethiopia - It's afternoon in Addis Ababa's bustling Bole Michael district,...

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Bungkus by honestbee, our solution to the problem with halal food delivery in Malaysia

04 April, 2019      1179

The Launch of BUNGKUS BY HONESTBEE graced by Hanisofian Alias, Vice President Industry Development, Halal Industry Development Corporation.   KUALA LUMPUR, April 4th, 2019- Bungkus by honestbee was officially launched...

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HDC: Malaysia seeking partners to improve halal economy

04 April, 2019      306

KUALA LUMPUR: Malaysia will continue to aggressively identify countries to be its partners to improve the halal economy amid the global political and economic uncertainties.   Halal Industry Development Corporation...

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