News & Update
Submit Press ReleaseCountry’s Islamic banks lack products to hedge risks, say experts
Country’s Islamic banks lack products despite the fact that the entities control 22 per cent share of the banking business, experts said on Wednesday. They said that the country’s Islamic...
Slow growth in Islamic finance 'disappointing': Finance Ministry
Deputy Finance Minister Mardiasmo has said the slow progress of Islamic financial shares was disappointing, considering the fact that Indonesia has the largest Muslim population in the world. “Therefore, we...
Bahrain Islamic Bank Signs a Memorandum of Understanding Agreement with Bin Faqeeh Real Estate Investment Company
Bahrain Islamic Bank (BisB) has recently signed a memorandum of understanding agreement with Bin Faqeeh Real Estate Investment Company to provide financing to potential residents of the luxury Sidra residential...
South America is on the radar of Islamic finance
By Arno Maierbrugger/Gulf Times Correspondent /Bangkok South America isn’t known to be a popular region for Islamic finance. This has to do with the dominance of Christianity there and...
Maybank eyes Islamic finance leadership
Malayan Banking Bhd (July 3, RM8.98) Maintain buy with an unchanged fair value (FV) of RM10.70: We maintain our “buy” call on Malayan Banking Bhd (Maybank) with an unchanged FV...
IRTI, BIBF Sign MoU to Develop Human Resource in Islamic Banking and Finance
The Islamic Research and Training Institute (IRTI) and Bahrain Institute of Banking and Finance (BIBF) have signed a Memorandum of Understanding (MoU) to explore areas of cooperation in human resource...
Maybank Islamic named The Banker’s Asia Pacific Islamic bank of the year
KUALA LUMPUR (July 3): Maybank Islamic Bhd, Malaysia’s largest Islamic bank by asset, has won the Asia Pacific category of The Banker’s Islamic Bank of the Year in 2018. Citing...
Why Islamic finance is yet to realise its full potential in Kenya
Kenya’s Islamic finance industry is over a decade old but is yet to realize its full potential and make the desired impact in promoting linkages between financing and the real...
All set for BOU to issue Islamic banking licenses
Bank of Uganda (BOU) has finalised the Islamic banking regulations following the amendment of the financial institutions act. The new form of banking is expected to lead to increased...
Malta sets up body to coordinate Islamic finance efforts
June 28 (Reuters) - The government of Malta has established a national body to help drive the development of Islamic finance with further plans for legislation to facilitate the sector...
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