The outlook for the Islamic finance market is promising with the UAE and other GCC leading the market, analysts said on Wednesday. According to industry analysts, total Islamic finance assets...
FROM modest beginnings nearly three decades ago, the global sukuk market has grown by leaps and bounds. One of the first modern sukuk issuances was a RM125 million (about US$30...
By unleashing the potential of Islamic finance, much-needed funding could be harnessed for long-term development financing, a new report has said. The second edition of the Global Report on...
Al Hilal Bank, an Abu Dhabi-based Islamic bank, has executed “the world’s first sukuk transaction” using blockchain technology. Sukuk is the Arabic name for financial certificates, also commonly referred to...
Technological innovations Islamic finance are a necessity, but their development may get hampered by regulatory concerns, Fitch Ratings said in a commentary. Fintech is necessary for Islamic finance to maintain and grow...
In explaining the key drivers behind the success of US engineering firm GE, the company’s former chairman and CEO, Jack Welch, is quoted to have said: “Number one, cash is king...
MUAR: Every banking institution in Malaysia, including Bank Muamalat Malaysia Bhd, must have three main core values - integrity, excellent service and future planning in order to empower the country’s...
Dubai Islamic Bank, the UAE’s largest Islamic bank, received three much sought after awards, including the ‘Strongest Islamic Retail bank in the World’, at the prestigious Islamic Retail Banking Awards...
The 2030 agenda, interconnected universal goals that promoting sustainable, inclusive development for all to end poverty, protect the planet, peace, and more sustainable future for generations to come was adopted...
The chairman of the House Committee on Banks and Financial Intermediaries is hoping for the smooth passage in the Senate of the bill providing for the regulation and organization of...
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