Islamic Finance

The unearthing 
of the permissible inebriation

By SHAMSUL AKMAR / Pic By BERNAMA
There seems to be a thin line between lies and secrets. It is alright to lie if it is to protect secrets or in order ...

Islamic lenders adopting fintech, recognising advantages

Indonesia has the highest number of Islamic fintech start-ups, followed by the US, UAE and the UK
By TMR The United Arab Emirates (UAE) leads the Gulf ...

Sukuk issuances normalise from record high, says Fitch Ratings

By TMR / Pic AFP
Sukuk issuance in the 10 largest markets fell last year following record issuance in 2017, Fitch Ratings Inc said. The rating agency ...

KFH offers to buy Ahli United in share swap deal

KUWAIT • Kuwait Finance House (KFH) offered to buy Bahrain’s Ahli United Bank BSC in a share swap deal, a potential combination that would create the ...

Farewell to the Goldilocks economy?

Overall, 2019 looks likely to be a more challenging year for the Muslim world
by PROF DR OBIYATHULLA ISMATH BACHA / pic by BLOOMBERG In 2018, the ...

Leveraging financial technology 
to support Islamic social finance

By OTHMAN ABDULLAH / Pic By MUHD AMIN NAHARUL
Through collaborations with IFIs, Islamic social fund bodies could distribute the funds electronically ...

UiTM Solar Power sukuk holds on to good credit rating

By TMR
The green sustainable and responsible investment (SRI) sukuk for a solar power project undertaken by Universiti Teknologi Mara (UiTM) continues ...

Malaysia’s takaful growth still outpaces conventional insurance

The takaful business is expanding faster than the conventional insurance business in Malaysia, with the government’s push for affordable insurance and the ...

Petronas statement on the investment scam/phishing website

PETRONAS has been made aware of the illegal use of our Company as well as the President and Group Chief Executive Officer’s names and images in the ...

Elon Musk sees a future in China for Tesla, and it’s muddy

Tesla wants the factory to start pumping out Model 3 cars by the end of the year
BERLIN • Standing in a vast field of muddy wasteland that wouldn’t ...

Bankruptcy would leave PG&E in turmoil for years

SAN FRANCISCO • The lights would stay on if California utility giant PG&E Corp files for bankruptcy. But the company, its customers and investors would ...

Humayon departs from IRTI, 
Zahid leaves IFSB for Oman

Humayon plans to develop Cambridge Institute of Islamic finance, while Zahid assumes role of Islamic banking expert at Oman’s central bank
By HABHAJAN ...