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

27 November, 2018      465

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...

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Islamic fintech faces regulatory hurdles, Fitch Ratings says

27 November, 2018      1023

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...

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Islamic finance must engage with customers

27 November, 2018      297

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...

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'All banks in Malaysia must have three core values'

26 November, 2018      403

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...

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DIB Crowned World’s Strongest Islamic Retail Bank 2018

26 November, 2018      280

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...

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Islamic finance and blockchain: Can it bring greater impact?

24 November, 2018      392

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...

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Lawmaker hopeful Senate will pass bill on Islamic banks

23 November, 2018      321

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

23 November, 2018      326

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...

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UK bank Rosette launches Islamic capital markets unit

22 November, 2018      308

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...

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Bahrain Islamic Bank (BisB) Awarded Global Business Outlook’s ‘Best Online Bank, Bahrain’

22 November, 2018      310

Bahrain Islamic Bank (BisB) has emerged as the winner of the prestigious ‘Best Online Bank – Bahrain’ for the year 2018 from Global Business Outlook, a business publication based in...

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