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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
ADVERTISEMENT