News & Update
Submit Press ReleaseSaudi Arabia joins Islamic finance body, could boost cross-border deals
Oct 23 (Reuters) - Saudi Arabia’s central bank has joined an international standard-setting body for Islamic finance, a move that could help standardise industry practices and ease cross-border transactions in...
Saudi Bank IDB Plans Blockchain Platform for Islamic Finance
The Saudi Arabian Islamic Development Bank (IDB) has put its researchers on the task of developing blockchain-based products. The project has started with the research arm, Islamic Research and Training...
Al Rajhi Bank eyes Asean expansion
PETALING JAYA: Al Rajhi Bank Malaysia outgoing chairman Datuk Seri Dr Nik Norzrul Thani Nik Hassan Thani said his successor would continue with the plan to expand the bank’s operation...
IFSB Engagement Session with the Indonesian Islamic Finance Stakeholders
The half-day Session is part of the IFSB’s efforts to reach out to its wide membership base, and provide an interactive platform for the international organisation to engage with the...
M’sia leads the way in Islamic finance
PUTRAJAYA: Malaysia wants to strengthen its leading position in Islamic finance by raising more green sukuk to fund environmentally-friendly infrastructure developments. Energy, Green Techonology and Water Minister Datuk Seri Dr...
Green Sukuk, A Great Alternative Financing Besides GTFS -- Ongkili
KUALA LUMPUR -- Shariah-compliant sukuk is another great option to finance green technology investments in renewable energy and other environmental assets, said Energy, Green Technology and Water (KeTTHA) Minister, Datuk Seri Maximus...
Russia's Sberbank considers Islamic finance entity, to propose regulatory change
SYDNEY, Oct 11 (Reuters) - Russia’s largest lender Sberbank is considering setting up an Islamic finance entity and will propose regulatory changes to facilitate sharia-compliant business, a senior bank official...
Executive Director ISRA Welcome Remarks at Islamic Fintech Dialogue 2017
بِسْمِ اللهِ الرَّحْمٰنِ الرَّحِيْمِ Assalaamu Alaikum and a very good morning! Assistant Governor, Bank Negara Malaysia, YBhg En. Marzunisham bin Omar, President & CEO, INCEIF, Dato’ Dr. Azmi Omar, Dato,...
BNM: Malaysia an ideal test bed for fintech growth [Islamic Fintech Dialogue 2017]
KUALA LUMPUR (Oct 10): Malaysia, with its diverse population of 31 million and growing middle class, stands as an ideal "test bed" for developing and commercialising financial technology (fintech) solutions,...
13th WIEF to tackle innovation, Islamic finance, halal goods in global development
JEDDAH - There should be more focus on enhancing the opportunities available for startup businesses initiated by youth and the Islamic finance opportunities, said Tun Musa Hitam, chairman of the World...
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