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The Wall: Islamic Finance: Value-based intermediation to reinvigorate industry

16 October, 2018      531

After focusing on strengthening the foundations of Islamic finance for three decades, local market players are now delving deeper into the centuries-old financial system’s concept of egalitarianism and social justice....

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PruBSN converts its composite licence to single licence, receives approval to transfer takaful business

15 October, 2018      393

KUALA LUMPUR: Prudential BSN Takaful Bhd (PruBSN) today announced the conversion of its composite licence to single licence in accordance with the legislative requirements of the Islamic Financial Services Act...

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HSBC Malaysian arm issues first Islamic bond tied to UN development goals

15 October, 2018      238

KUALA LUMPUR: HSBC Amanah, the Malaysian Islamic banking arm of HSBC Holdings <HSBA.L>, has raised 500 million ringgit ($120.63 million) worth of Islamic bonds linked to the United Nations' sustainable...

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Indonesia launches cash endowments-linked sovereign Islamic bonds

15 October, 2018      342

NUSA DUA, Indonesia: The Indonesian government launched on Sunday an Islamic bond linked to endowments, aiming to tap into a pool of assets for its fiscal needs. The Waqf Core...

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Morocco sells first Islamic bonds

12 October, 2018      269

Morocco started selling its first Islamic sovereign bonds worth $116mln with a five-year maturity   RABAT - Morocco started selling its first Islamic sovereign bonds worth 1.1 billion dirhams ($116...

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Third International Forum on Islamic Banking Jurisprudence to open October 15

12 October, 2018      297

SHARJAH. KAZINFORM The Sharjah Islamic Centre for Economy and Finance Studies at the University of Sharjah has organised the Third International Forum on Islamic Banking Jurisprudence, which will be held...

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Five Reasons Why Entrepreneurs Need To Leverage The Islamic Economy

10 October, 2018      230

Cooperation, shared prosperity, and social responsibility: these are some of the key values that underpin the Islamic economy. They aim to support a more equitable society where economic development is...

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QCB Governor outlines multifaceted approach to Islamic fintech

10 October, 2018      255

Doha: HE the Governor of the Qatar Central Bank Sheikh Abdulla bin Saoud al-Thani has outlined opportunities and challenges facing the development of Islamic financial technology (fintech) amid global and...

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Islamic fintech: Malaysia wins in Islamic finance but its tech start-up ecosystem still a work in progress

10 October, 2018      993

Malaysia’s developed Shariah-compliant finance infrastructure and ecosystem draws in Islamic fintech start-ups even though it is not a global technology hub like neighbouring Singapore. Dr Farrukh Habib, a researcher with...

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Malaysia’s Islamic banking on right track, says expert

08 October, 2018      395

PETALING JAYA: A banking expert has defended the Malaysian practice of Islamic banking and financing (IBF) against critics who say it does not adhere to proper shariah procedures. Zulkarnain Muhamad...

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