KUALA LUMPUR (Jan 10): Bank Negara Malaysia (BNM) has given Malaysian Industrial Development Finance Bhd (MIDF) the green light to begin merger talks with Al Rajhi Banking & Investment Corp,...
An inquiry has been opened into an Islamic charity amid concerns over potential mismanagement and a failure to submit accounts, a regulator says. Jalalabad Association, whose objectives include advancing Islam...
THE NUMBER of listed firms compliant with Islamic principles of finance dropped to 56 as of Dec. 25, according to the Philippine Stock Exchange (PSE). A quarterly review posted on...
The global volume of the Islamic finance industry will reach about $2.5tn this year, only a small growth from the $2.44tn it reached in 2017 and after it lost some...
Saudi Arabia’s Islamic Development Bank (IDB) signed an investment agreement in November with i-FinTech Solutions, a Tunisia-based advisory firm, to create a series of shariah-compliant tools to help Islamic banks...
LAHORE: The World Islamic Banking and Finance Conference has agreed to establish an international forum to find solutions to banking, finance and sociopolitical issues being faced by the Muslims. The...
KUALA LUMPUR, Jan 5 (Bernama) -- The Islamic Finance / FinTech industry, the former being heavily regulated, is one that FINTERRA is targeting with the upcoming launch of its WAQF...
Islamic finance volume is expected to hit $2.5 trillion this year experts have predicted. This is despite the fact that last year did not prove to be much beneficial for...
It is obvious that traditional approaches to development that afford the Government full mandate to determine priorities and manage resource mobilisation and allocation cannot guarantee the desired outcomes. For...
Blockchain technology, an unalterable digital information recording system, is increasingly being discovered as a useful tool by Islamic finance institutions and banks for complex financing contracts and Shariah-compliant transactions, as...
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