Islamic Finance

Federal Court leans once more towards BNM’s Shariah Advisory Council

In a landmark decision on April 10, the court meted out a decision in favour of the SAC, shoring up SAC’s presence and role
By HABHAJAN SINGH The ...

Bank Rakyat taps INCEIF’s Obiyathulla as director

Islamic finance expert Prof Dr Obiyathulla Ismath Bacha (picture) has been appointed as a director at Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) ...

Aligning business practices with ethics

Islamic finance underpins its financial instrument constructs in alignment with best global business practices
By NORIPAH KAMSO The week of March 18th, ...

AAOIFI holds public hearings on 2 standard exposure drafts

By TMR
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held public hearings on two of its standards on March 20 in ...

Boosting Shariah compliance risk culture

BNM expects continued progress in evolving a strong Shariah compliance risk culture that is well integrated and self reinforcing within IFIs
By Faizal ...

Making a case for GDP-linked sukuk

If sukuk and Islamic finance in general is to be more meaningful to the ummah, a reorientation may be needed
By PROF DR OBIYATHULLA ISMATH BACHA Sukuk ...

Manulife launches world’s 1st retail Shariah global REIT fund

Manulife Asset Management Services Bhd (MAMSB) has launched what it claims to be the world’s first Shariah global real estate investment trust (REIT) fund ...

Global laws more Islamic finance-friendly, says fund

Global regulations becoming more Islamic finance-friendly is one of the drivers of an expected significant upward trend for sukuk issuance in the near ...

Linking governance index to investment portfolio

Malaysia has been the leading Muslim majority country for an extended period of time in our scoring system. But it ...

Digital assets, cryptoassets and cryptocurrencies

Investing via utility tokens to provide capital will not only expose an investor to risk of a project, but also the excessive uncertainty in the value of ...

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 ...