News & Update
Submit Press ReleaseBitcoin and Ethereum fall after a $31 million crypto heist
LONDON – The major cryptocurrencies bitcoin and Ethereum were falling against the dollar on Tuesday morning after a $31 million heist elsewhere in the digital currency world. Tether, which created...
Race is on for a global Islamic finance hub
With Islamic finance assets leaping to an estimated $2tn for both banks and non-bank financial institutions, and forecasts putting the volume at $3.2tn by 2020, voices have grown louder to...
13th WIEF Keynote Address by the Right Honourable YAB. DATO' SRI MOHD NAJIB BIN TUN HAJI ABDUL RAZAK - Prime Minister, Malaysia
The Honourable Datuk Patinggi (Dr.) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg, Chief Minister of Sarawak; The Honourable Tun Abdullah Ahmad Badawi, Founder Patron, WIEF Foundation;...
Judge rules in favour of creditors in Dana Gas Islamic bond case
A London High Court judge ruled in favour of creditors in a case over whether energy company Dana Gas must repay $700mln of Islamic bonds DUBAI - A London High...
Update: Dubai's DIFC announces $100mln fintech fund
Dubai International Financial Centre (DIFC) on Tuesday announced it is establishing a $100 million fund to invest in early-stage and growth start-ups in the financial technology space. The fund was announced...
Malta positions itself as new centre for Islamic finance in EU
The small European island of Malta in the recent past quietly opened its doors to Islamic banking and finance in an attempt to take on established hubs in Europe, namely...
WIEF a platform to elevate Islamic finance sector
KUCHING: The upcoming 13th World Islamic Economic Forum (13th WIEF) will provide vast opportunities for the private sector as well government decision makers within Sarawak and Malaysia as it serves...
Timely for Islamic finance to embrace fintech
PETALING JAYA: Islamic finance stands to gain significantly by leveraging on financial technology, said Bank Negara Malaysia Assistant Governor Datuk Ahmad Hizzad Baharuddin Speaking at the ASAS Shariah Fintech Forum...
Datuk Ahmad Hizzad Baharuddin - Assistant Governor's Keynote Address at the ASAS Shariah Fintech Forum 2017
I would like to thank ASAS for the opportunity to speak at this event. I am encouraged to see the presence of many industry practitioners, particularly from the Shariah community....
Saudi mass arrests jolt markets, play to ire over corruption
RIYADH - Most major Gulf stock markets slid early on Tuesday on jitters about Saudi Arabia's sweeping anti-graft purge, a campaign seen by critics as a populist power grab but by...
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