KUALA LUMPUR (Nov 1): Tenaga Nasional Bhd (TNB), via its wholly-owned subsidiary TNB Global Ventures Capital Bhd, has issued Islamic bonds (sukuk) worth US$750 million (RM3.13 billion) under its US$2.5...
Qatari Islamic banks have consistently enjoyed the lowest cost-to-income ratios throughout the 2017-18 analysis period, the Islamic Financial Services Board (IFSB) has said in a report. With consistent record-low non-performing...
Among the global wave of innovations in financial technology, a growing number of companies are looking to modernize Islamic finance. Against that backdrop, Malaysia has emerged as the world’s top...
The world of Sharia-compliant finance has its own lexicon, which can make reading financial news tough going if you aren’t up to speed. Sukuk is a term that often comes...
"Transactions on the Nasdaq Dubai Murabaha Platform for Islamic financing have hit major milestone" Transactions on the Nasdaq Dubai Murabaha Platform for Islamic financing have exceeded a total of $100...
The adoption of blockchain, artificial intelligence, cryptocurrencies and other advanced technologies are expected to have a positive impact on the global Islamic finance sector and create new benefits and opportunities...
A range of stakeholders in the Islamic finance industry is increasingly seeking to tap Islamic social finance in order to unlock the social potential it has for underprivileged, unbanked, underfunded...
China’s $5 trillion “Belt and Road” presents opportunities for Islamic banks to plug a sizeable funding gap, as the Asian superpower signs up more Muslim-majority nations to its transcontinental economic...
Student welfare at Universiti Teknologi Petronas (UTP) is strengthened by the contributions of its generous alumni to its zakat fund. The impact was immediate. A recently formalised zakat-funded mechanism to support financially-challenged students...
Islamic banks are outperforming their conventional peers in customer acquisition with 55 per cent of the UAE consumers now having at least one Islamic banking product, compared to 47 per...
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