Gulf Sovereigns Continue To Dominate Dollar Sukuk Issuance
Dubai: Volumes of sovereign sukuk have increased significantly over the last three years as governments in Asia, the Gulf Cooperation Council (GCC), …
Finance
Malaysia The Runaway Leader In Islamic Finance Market
MALAYSIA emerged as the leader on various checkpoints for Islamic finance in a newly released global measurement of the industry, scoring high points …
ICD Signs Financing Agreement With Bank Of Tokyo-Mitsubishi UFJ (Malaysia)
The Islamic Corporation for the Development of the Private Sector (ICD) and Bank of Tokyo-Mitsubishi UFJ (Malaysia) (BTMU Malaysia) have today (8 …
Mega Islamic Bank Will Boost Islamic Finance Growth, Says Expert
The creation of a mega Islamic bank will push Malaysian banks to look beyond local shores should the proposed merger of CIMB Group Holdings Bhd, RHB …
RAM Ratings Assigns AAA(fg) Rating To Puncak Wangi’s Proposed Guaranteed Sukuk
RAM Ratings has assigned a AAA(fg)/stable rating to Puncak Wangi Sdn Bhd’s (Puncak Wangi or the Company) Proposed Guaranteed IMTN Programme of up to …
RAM Ratings Sees Great Potential In Green Sukuk
RAM Ratings sees great potential in Green Sukuk, in tandem with the increased interest in both Shari’ah-compliant and ethical investment. The use of …
WIEF to Hold Investment Roundtable In Cordoba
KUALA LUMPUR: The World Islamic Economic Forum (WIEF) Foundation, in collaboration with the Fundacion Agropolis de Cordoba, is organising an …
AlKhair Capital Plus Sukuk Fund Launched
AlKhair Capital Saudi Arabia launched the AlKhair Capital Plus Sukuk Fund, an open-ended, Shari’ah-compliant investment fund for investment in fixed …
Meethaq forum Gighlights Role Of Islamic Banking
Meethaq hosted a forum on the ‘Principles of Islamic Economy and Development’ on Sunday, 7 September, at Hilton Salalah Hotel under the auspices of …
Barwa Bank Opens New Branch At The Pearl-Qatar
Barwa Bank announced the opening of its new branch at The Pearl-Qatar located in Medina Centrale.
Khalid Yousef Al-Subeai, Barwa Bank’s Acting …
Al Hilal Bank Customers May Now Use EIDA Card For ATM Transactions
Al Hilal Bank customers can now start using their Emirates Identity Authority (EIDA) Identity Cards for withdrawals and transfers at all Al Hilal ATM …
Bahrain Named MidEast’s Most Influential Islamic Finance Market
Bahrain has been named the GCC’s leading Islamic finance market and second out of 92 countries globally, according to the ICD-Thomson Reuters …
Long-Term Finance To Take A Hit
KARACHI: Riots and sit-ins have many short-term economic fallouts, like the breakdown of law and order and disruption of transportation.
But of far …
Islamic Capital Market Viable Fallback To Conventional Peer
JEDDAH – The Islamic capital market has developed to become a viable alternative to its conventional counterpart as an avenue for fundraising …
Exporters Urged To Explore Halal Market In Malaysia
MANILA, Philippines – Filipino exporters are encouraged to explore opportunities in Malaysia, particularly in providing halal …
Islamic Banks Face Challenge From Basel III Deposit Regulations
As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of uncertainty that could prove …
World Bank Plans To Raise $500 Million Via Sukuk
Kuala Lumpur: The World Bank plans to raise as much as $500 million worth of Islamic bonds, or sukuk, this year to help fund an immunisation …
SMEs Offer Huge Opportunities For Islamic Banks
There is no doubt that there is significant demand for Islamic banking services, both from the world’s Muslim population and from non-Muslims. Islamic …
Industrials, Banking And Telecom Stocks major Drag On Qatar Bourse
The Qatar Stock Exchange again failed to break the 14,000 psychological mark with industrials, banking and telecom stocks acting as the major …
Islamic Banking Draws New Interest From The West
At the beginning of last June, the European Central Bank issued a decision to reduce the deposit rate to below zero — a first for the bank. This fell …
Kazakhstan Should Adjust Its Legislation For Islamic Finance: Says Central Bank Governor
The 4th Kazakhstan Conference on Islamic Finance took place this Wednesday in Kazakhstan. In his speech at the conference Governor of …
Islamic Banking: Sharing Risk For Caring Society
The only certainty in this world is ‘uncertainty.’ Risk is an integral part of our daily life, which can’t be avoided fully but can …
Growth Of Islamic Banking And Finance In Pakistan
LONDON: A pre-publication copy of the Global Islamic Finance Report 2014, which is expected to be released on April 13 in Washington DC on the …
Bank Muamalat Malaysia To Launch Islamic Private Banking
KUALA LUMPUR: Bank Muamalat Malaysia Bhd expects to launch Islamic Private Banking within a year to cater to the growing demand for the service.
Chief …