News & Update

Submit Press Release

Islamic finance can offer long-term development financing

28 November, 2018      362

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...

more +


Abu Dhabi’s Al Hilal Bank Executes First Blockchain-based Islamic Bond Transaction

27 November, 2018      537

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...

more +


Islamic fintech faces regulatory hurdles, Fitch Ratings says

27 November, 2018      1086

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...

more +


Islamic finance must engage with customers

27 November, 2018      375

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...

more +


'All banks in Malaysia must have three core values'

26 November, 2018      516

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...

more +


DIB Crowned World’s Strongest Islamic Retail Bank 2018

26 November, 2018      364

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...

more +


Islamic finance and blockchain: Can it bring greater impact?

24 November, 2018      458

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...

more +


Lawmaker hopeful Senate will pass bill on Islamic banks

23 November, 2018      371

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...

more +


'Muslim countries, communities need to take more advantage of Islamic finance instruments'

23 November, 2018      373

The International Symposium on Financing for Development organized with the cooperation of the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) and the Islamic Development Bank...

more +


UK bank Rosette launches Islamic capital markets unit

22 November, 2018      370

UK-based Rosette Merchant Bank (Rosette), an independent, privately-owned, sharia compliant financial services firm with close ties to Kuwait and the rest of the GCC, has announced the launch of a...

more +