News & Update
Submit Press ReleasePrestigious Fellowship Opportunity in Islamic Finance under SC - Oxford Centre for Islamic Studies' Initiative
Kuala Lumpur, 15 November 2018 - The Securities Commission Malaysia (SC) and the UK-based Oxford Centre for Islamic Studies (OCIS) today have opened nominations for the eighth Visiting Fellowship at...
Peluang Menyertai Program Felo Berprestij dalam Kewangan Islam di bawah Inisiatif SC-Pusat Pengajian Islam Oxford
Kuala Lumpur, 15 November 2018 - Suruhanjaya Sekuriti Malaysia (SC) dan Pusat Pengajian Islam Oxford (OCIS) berpangkalan di UK hari ini telah membuka permohonan bagi calon Felo Pelawat kelapan di...
MBSB third-quarter profit higher by 21%
PETALING JAYA: (MBSB) saw a 21% jump in net profit for the third quarter ended Sept 30, due to a lower charge of impairment allowances on loans and financing. In a...
Algeria makes important step on Islamic finance roadmap
Recent news that Bahrain-based Al Baraka Banking Group, which has banking branches across North Africa, received the prestigious “Best Islamic Financial Institution” award for its Algeria operations sheds light on...
Islamic Development Bank lists $737m sukuk on Nasdaq Dubai
IsDB lists first euro sukuk, has nine dollar sukuk listings on Nasdaq Dubai valued at a total of $11.8bn. Nasdaq Dubai has welcomed the listing of a 650 million euro...
Financing development projects in line with Kuwait vision: Al-Nahedh
KUWAIT CITY, Nov 12: Group Chief Executive Officer at Kuwait Finance House (KFH), Mazin Saad Al-Nahedh emphasized the role of Islamic finance instruments in providing effective financing solutions, indicating the...
Validity of cryptocurrencies in Islamic finance?
Unlike fiat money, a cryptocurrency is recognised only by members of a certain community or network who agree to regard it as something of value or as a medium of...
Third China-UAE conference on Islamic Banking & Finance concludes successfully amid international acclaim
UAE – The third China-UAE conference on Islamic Banking and Finance (CUCIBF III) concluded recently, with the participation of leading economic experts, bankers, decision and policy makers, investors and Islamic...
SBP plans deposit protection body for Islamic banks
Karachi The central bank recently unveiled a framework to protect depositors of Islamic banks in case of a financial institution’s bankruptcy, promising a protection to shariah-compliant banking deposits that hold...
Macroeconomic developments seen to benefit Takaful Malaysia
Maintain outperform with an unchanged target price of RM 4.85: We came away from a recent meeting with the management feeling reassured of Syarikat Takaful Malaysia Keluarga Bhd’s medium-term prospects. Although...
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