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MEDIA RELEASE: SC Introduces Framework to Facilitate Trading of Digital Assets in Malaysia

31 January, 2019      76

Kuala Lumpur, 31 January 2019 The Securities Commission Malaysia (SC) today amended its Guidelines on Recognized Markets to introduce new requirements for electronic platforms that facilitate the trading of digital...

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Islamic trade finance gets crucial industry standard

31 January, 2019      135

The Bankers Association for Finance and Trade (Baft) and International Islamic Financial Market (IIFM) have released a global industry standard document for buying and selling Islamic trade-related risk. The jointly-created...

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Islamic banking software a rapidly growing market

30 January, 2019      83

The global market for core Islamic banking software solutions for banks – notably, not including products from fintech startups – is a rapidly growing segment seen increasing by around 13%...

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Bank Nizwa Voted ‘Best Islamic Bank in Oman’ in the Islamic Finance News Best Banks Poll 2018

29 January, 2019      77

Bank Nizwa has been named ‘Best Islamic Bank in Oman’ at the Islamic Finance News Best Banks Poll 2018: Innovation, creation and tradition. The IFN Best Banks Poll 2018 celebrates...

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Fitch: Zakat settlements remove key uncertainty for Saudi banks

29 January, 2019      43

Confirmation of Saudi banks' extra zakat payments for years up to and including 2017 removes a key near-term uncertainty that could have pressured some banks' ratings, Fitch Ratings says. The...

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Halal internet? Islamic browser promises better web experience

28 January, 2019      168

KUALA LUMPUR (Jan 28): A Malaysian startup is betting that there’s plenty of pent-up demand for a new browser that’s compliant with Islamic values, at a time of mounting concerns...

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Pakistan to be granted major oil loan from Islamic Bank

28 January, 2019      38

(MENAFN) Pakistan is set to receive USD4.5 billion worth of oil as a loan from the Islamic Development Bank, as part of its Islamic Trade Finance Corporation plan. The oil...

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Boeing Capital mulls Islamic financing for jet purchases

28 January, 2019      48

Boeing is considering offering Islamic finance tools as a way for its Middle East and Africa customers to fund aircraft purchases and diversify their financing sources. Boeing Capital, the financing...

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Islamic Banking Software Market Is Booming Worldwide | Key Companies – ITS, Oracle, Tata Consultancy Services

25 January, 2019      37

Global Islamic Banking Software Market Research Report 2019 to 2025 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in...

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Could Islamic finance let you be ethical and make money?

24 January, 2019      29

Shariah-compliant savings accounts have some of the highest rates on the market, despite strict investment principles. Now mortgages and investments are following in their wake. Look at the best savings accounts in...

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