News & Update
Submit Press ReleaseIslamic Development Bank provides $40 million loan for Kazakh businesses
ASTANA – The Islamic Development Bank (IsDB) has provided a $40 million loan to Kazakhstan’s Damu Entrepreneurship Development Fund, said fund Deputy Chairperson Daulet Abilkairov at the Central Communications Services...
Fitch affirms FAB Sukuk programme at 'AA-'/'F1+'
Fitch Ratings has affirmed FAB Sukuk Company Limited's Sukuk Trust Certificates Programme at 'AA-'/'F1+'. FAB Sukuk is the special purpose Sukuk issuing vehicle of First Abu Dhabi Bank (FAB; AA-/Stable/F1+)....
Seminar focusses on Islamic Finance industry
CENTRE for Islamic Banking, Finance and Management (CIBFM) in collaboration with BNP Paribas Securities Services organised a seminar themed ‘Staying Ahead in A Changing World’ at The Empire Hotel &...
Philippines seeks Islamic funding to develop halal industry in Mindanao
The Philippines is pushing ahead with more development plans for the Muslim-minority south of the archipelago, namely the Mindanao region, which is in need for a variety of economic impulses. ...
Islamic Banking Software Market - 2024 by Manufacturers, Countries, Type and Application| ITS, Oracle, Path Solutions, Temenos, AutoSoft Dynamics, BML Istisharat, EdgeVerve, ICS Financial Systems, Infopro
Islamic banking or Islamic finance is banking or financing activity that complies with sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes...
MEDIA RELEASE: SC to Regulate Offering and Trading of Digital Assets
Kuala Lumpur - Following the statement by the Minister of Finance YB Tuan Lim Guan Eng on the coming into force of the Capital Markets and Services (Prescription of Securities)...
BNM tells SMEs to look past misconception into Islamic financing facilities
KUALA LUMPUR (Jan 14): More than half of the country's small and medium enterprises (SMEs) are not fully aware of the availability of Islamic business financing facilities, due mainly to...
VBI to be among drivers for Islamic finance, says Bank Negara
KUALA LUMPUR: Value-based intermediation (VBI), which focuses on creating value and impact, is set to be one of the drivers for Islamic financial institutions, Bank Negara Malaysia Assistant Governor Adnan...
HOW ISLAMIC FINANCE COULD SAVE THE PLANET
With mystic peaks, coral reefs, jungles and over 4,000 hours of annual sunlight, Malaysia’s Sabah state is an ideal candidate for clean energy initiatives. But what makes its 50-megawatt solar...
SBP wins global award for Promotion of Islamic Finance
KARACHI: State Bank of Pakistan (SBP) has won the global award as the best Central Bank in promoting Islamic finance for the year 2018. The coveted award is conferred by...
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