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Malaysian firm adds Islamic certification to cryptocurrency

20 February, 2018      240

Malaysia-based firm HelloGold has received a Syariah-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said. PHOTO: BLOOMBERG...

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Rigorous screening of new hires in financial industry soon, says central bank

16 February, 2018      218

Bank Negara Governor Muhammad Ibrahim, in 2016, said Malaysian financial institutions should be the gold standard for good governance practices. – The Malaysian Insight file pic, February 16, 2018.  ...

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INCEIF to Collaborate with Palestine’s Al-Quds University

15 February, 2018      251

15 Feb, Kuala Lumpur – INCEIF today signed an MoU with Al-Quds University to establish a strategic working relationship to collaborate in various areas including education, research and human capital development,...

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VAT and Islamic finance: A complicated relation

14 February, 2018      165

Now that two countries in the Gulf Cooperation Council (GCC), Saudi Arabia and the UAE, introduced a value added tax (VAT) regime for the first time ever, and the others...

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Alizz Islamic Bank launches e-wallet

14 February, 2018      519

Through the Alizz Wallet customers can transfer funds from their wallet to other wallets in Oman via a phone number or alias with no need to enter the account number, irrespective of...

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TURKEY ECONOMY Turkish deputy PM praises Islamic bank's initiatives

12 February, 2018      169

Two initiatives by the Islamic Development Bank (IDB) will enable Turkey to have closer dialogue with emerging Islamic countries, Turkey’s deputy prime minister said on Monday, Speaking at an event...

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Turkish deputy PM praises Islamic bank's initiatives

12 February, 2018      30

Turkey’s deputy prime minister Mehmet Şimşek   Two initiatives by the Islamic Development Bank (IDB) will enable Turkey to have closer dialogue with emerging Islamic countries, Turkey’s deputy prime minister...

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Blockchain venture aims to modernise Islamic endowments

12 February, 2018      536

[SYDNEY] A new venture aims to use blockchain technology to modernise the management and investments of Islamic charitable endowments, called waqf, that would tap into a vast but underutilised pool...

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UAE leads Arab markets in Islamic fintech

12 February, 2018      350

DUBAI — Analysis conducted by Edmond Christou, Bloomberg Intelligence, states that the UAE follows Malaysia and the United Kingdom in terms of the number of Islamic fintech startups per market....

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GCC aggregate Bonds and Sukuk market up four per cent in 2017

12 February, 2018      235

The report stated that the aggregate primary issuance of bonds and Sukuk by GCC entities, including Central Banks Local Issuances, GCC Sovereign and Corporate Issuances, totalled $174.17 billion in 2017,...

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