Islamic Finance

Sukuk yield movement should not correlate with conventional interest-rate environment

by ASILA JALIL / pic by BERNAMA THE changes in yields of sukuk should be independent of the movements in…

2 years ago

BIMB Holdings proceeds with restructuring activity

By LYDIA NATHAN / Pic TMR BIMB Holdings Bhd (BHB) announced its shareholders and warrant holders have approved the proposed…

2 years ago

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…

3 years ago

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/…

3 years ago

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/…

3 years ago

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…

3 years ago

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…

3 years ago

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…

3 years ago

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…

3 years ago

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…

3 years ago

Islamic social banking instruments need a bigger global stage

Instruments such as waqaf, zakat, charity and qard hasan have made a great impact in poverty alleviation By S BIRRUNTHA…

3 years ago

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…

3 years ago

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…

3 years ago