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Saudi Arabia joins Islamic finance body, could boost cross-border deals

23 October, 2017      418

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...

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Saudi Bank IDB Plans Blockchain Platform for Islamic Finance

20 October, 2017      208

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...

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Al Rajhi Bank eyes Asean expansion

16 October, 2017      392

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...

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IFSB Engagement Session with the Indonesian Islamic Finance Stakeholders

15 October, 2017      273

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...

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M’sia leads the way in Islamic finance

12 October, 2017      792

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...

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Green Sukuk, A Great Alternative Financing Besides GTFS -- Ongkili

12 October, 2017      45

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...

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Russia's Sberbank considers Islamic finance entity, to propose regulatory change

11 October, 2017      259

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...

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Executive Director ISRA Welcome Remarks at Islamic Fintech Dialogue 2017

10 October, 2017      282

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,...

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BNM: Malaysia an ideal test bed for fintech growth [Islamic Fintech Dialogue 2017]

10 October, 2017      388

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,...

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13th WIEF to tackle innovation, Islamic finance, halal goods in global development

09 October, 2017      243

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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