Islamic Finance

Fitch: Islamic finance has room for sustained growth

by DASHVEENJIT KAUR/ pic by BLOOMBERG
ISLAMIC finance will likely contribute further to Malaysia’s banking system — supported by Bank Negara Malaysia ...

StanChart Saadiq aims 13% growth in SMEs

The bank feels obligated to leverage its network to facilitate growth of SMEs in the halal segment
by S BIRRUNTHA/ pic credit: StanChart Malaysia ...

Sukuk issuance volume expected to grow in 2020

The lower rate environment should augurs well for sukuk especially from the issuers’ standpoint, says economist
by NUR HANANI AZMAN/ pic by TMR FILE ...

Islamic banking continues to expand in 2019

Financing for purchase of residential property was the biggest contributor to Islamic banking financing last year, with RM184.4b recorded in December
...

Turkish clerics defy 1,400 years of edicts with home loan U-turn

by BERNAMA/ pic by BLOOMBERG
ISTANBUL • Turkey’s top Islamic authority is challenging 1,400 years of religious thinking, with a new ruling on the ...

Bank Islam implements SWIFT GPI service

The bank now joins 550 banks in over 200 countries to offer the service which also provides transparency on charges involved and allows end-to-end ...

Islamic banks ready to support SMEs

In September, during the National Entrepreneurship Week, Islamic banks granted RM20b worth of financing access, says AIBIM acting ED
By HARIZAH KAMEL / ...

Islamic fintech needs a synchronised, focused initiative to penetrate rural areas

For the sector to make an impact, it needs to see the emergence of more players and more integrated involvement of the related authorities
by AFIQ ...

Indonesia’s mandatory halal labelling leaves firms in disarray

by BLOOMBERG/ pic by BLOOMBERG
JAKARTA • Indonesia is all set to make halal labelling mandatory for consumer products and services from this week, but ...

Malaysia remains key source of Islamic debt papers

The rise in sukuk supplies are largely driven by BNM and local currency corporate issuance
by SULHI KHALID/ pic by TMR FILE MALAYSIA remains the main ...

The next step to boost Islamic finance education

Knowledge and research are important tools that can fuel strategic initiatives and innovation in the industry, says education minister
by NG MIN SHEN/ ...