News & Update
Submit Press ReleasePress Release: Ansar Financial and Development Corporation Declares Dividend
PRESS RELEASE (PR) Ansar Financial and Development Corporation Declares Dividend Toronto February 12, 2018 Ansar Financial and Development Corporation (“AFDC”) announced today that its board of directors has authorized a...
Develop Formal Governance Framework For Waqf - Sultan Nazrin
KUALA LUMPUR, Feb 22 (Bernama) -- The institution of waqf needs to develop its own formal governance framework in order to strengthen governance within waqf infrastructure and develop a broader...
Retakaful sector remains embattled playground for Islamic finance
Islamic reinsurance, or retakaful, is faced with a challenging environment in a highly competitive reinsurance market, a new report issued by US-based business intelligence and insurance rating firm A.M. Best...
Malaysian firm adds Islamic certification to cryptocurrency
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...
Rigorous screening of new hires in financial industry soon, says central bank
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. ...
INCEIF to Collaborate with Palestine’s Al-Quds University
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,...
VAT and Islamic finance: A complicated relation
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...
Alizz Islamic Bank launches e-wallet
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...
TURKEY ECONOMY Turkish deputy PM praises Islamic bank's initiatives
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...
Turkish deputy PM praises Islamic bank's initiatives
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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