Islamic Finance

Islamic finance growth moderated in 2018

By MARK RAO / Graphic By ANIS SHAMSUL
THE Islamic Financial Services Board’s (IFSB) Islamic Financial Services Industry (IFSI) Stability Report 2019 ...

Global sukuk issuances up 5.5% in 2018

The steady issuance volume is due to sovereign sukuk issuances from Asia, GCC countries and Africa
By NG MIN SHEN / Pic By BLOOMBERG GLOBAL sukuk ...

Alibaba Cloud taps into fintech for Islamic banking

by SHAHEERA AZNAM SHAH
ALIBABA Cloud will be working with the local Islamic banking industry to deploy its data analytic services and assist financial ...

Islamic banks — too big to fail or too small to succeed?

pic by MUHD AMIN NAHARUL
SIZE matters in banking in more ways than one. As an industry with extensive economies of scale and huge overheads, volume is ...

Indonesia’s top Islamic finance official to speak at London

by TMR
One of the top Islamic finance official from Indonesia, which in February returned to the global sukuk market when it raised US$2 billion (RM8.4 ...

Tenom small hydropower plants show RE projects bankable

Telekosang’s proposed RM470m senior sukuk badged as world’s 1st-rated mini-hydro project sukuk
by HABHAJAN SINGH / pic by ISMAIL CHE RUS The sukuk and ...

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 ...

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 ...

Al Rajhi and Palestine Islamic Bank select Temenos to power digital transformation

By TMR
Saudi Arabia-based Al Rajhi Bank and Palestine Islamic Bank (PIB) have selected Temenos AG to power their digital transformation and enhance ...

Time to crank up digital transformation blueprint for Islamic finance, says Zeti

By HABHAJAN SINGH / Pic By ISMAIL CHE RUS
Islamic finance will require a digital transformation blueprint in its armoury as the industry attempts ...