Islamic Finance

Private sector’s role to promote green finance

As the government is actively promoting green agenda via policy and incentives, the participation of the private sector is now even more imperative.
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Ideology for the new world

It’s about ‘One Belt, One Road’. The problem with it is it cannot go on without something like a common ideology for all the participants
By DMITRY ...

Shariah PE fund invests in MDT Innovations

SBI Islamic Fund and COPE Private Equity commit RM59m to fuel MDT’s efforts to provide solutions to the entire value chain of IoT
by HABHAJAN ...

Dubai Islamic Bank mulls rival merger

DUBAI • Dubai Islamic Bank PJSC is weighing a possible acquisition of smaller rival Noor Bank PJSC as the United Arab Emirates’ (UAE) biggest Islamic ...

Malaysia Airports Niaga rebrands ERAMAN to be bigger, better and bolder

Strategic rebranding exercise aims to position ERAMAN as the most preferred airport travel retail and duty-free player in Asia Pacific
Selangor, ...

Debt is debt, even if it’s Shariah-compliant

The heavy reliance on such debt financing is due to the ease for bankers in originating debt-based products and the regulatory bias for debt instruments, ...

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 ...