Islamic Finance

Dubai’s biggest banks beat profit estimates

Dubai • Emirates NBD PJSC and Dubai Islamic Bank PJSC reported their second-quarter profit that beat analyst estimates as rising construction activity in ...

Go boldly on fintech, Islamic social finance

One of the unique features of IF is the close interaction between social and business matters
By DAUD VICARY ABDULLAH For those of you who know me ...

Asean Shariah scholars to tackle zakat calculation methodology

By TMR
The methodology of calculating zakat and its different applications in Islamic finance institutions (IFIs) and procedures for the recovery of ...

Traditional IFIs should collaborate with fintech companies for innovations

By OTHMAN ABDULLAH / Pic By MUHD AMIN NAHARUL
The Second Payment Services Directive (PSD2) came into force in January 2018 to regulate payment services ...
Uganda

Uganda prepares to start Islamic banking in October

By TMR / Pic By BLOOMBERG
The framework for the implementation of Islamic banking in Uganda has been developed and will be operational in October, ...

UAE reforms aid sukuk market

By TMR / Pic By BLOOMBERG
New rules governing sukuk offerings in the United Arab Emirates (UAE) could support market activity in tandem with other ...

IMF adds IF to market surveillance. What’s next?

In this 1st of a 2-part series, Chattha looks at the issues from the regulatory perspective
By JAMSHAID ANWAR CHATTHA The day of May 24, 2018, was a ...

Silverlake hosts Islamic banking presentation for US students

By HABHAJAN SINGH
“Coming from a country that is structured based on significant speculation and zero-sum games, it was eye-opening to hear about the ...

Fitch affirms IDB long-term IDR at ‘AAA’, stable outlook

By TMR
International agency Fitch Ratings Inc has affirmed the Islamic Development Bank’s (IDB) long-term issuer default rating (IDR) at ‘AAA’ with a ...
Dr Humayon Dar

IRTI appoints Humayon as DG

The Islamic banker founded Edbiz Consulting to provide Islamic financial intelligence to the players in Islamic banking and nance
By HABHAJAN SINGH / ...
Bank Negara Malaysia

Will Islamic retail banking survive the fintech onslaught?

By DR NAFIS ALAM / Pic By MUHD AMIN NAHARUL
Financial technology (fintech) is the buzz word in today’s financial industry landscape. In recent times, ...
Bitcoin

Cryptocurrencies as potential currency?

In my view, cryptocurrency is nothing but a token
By HYLMUN IZHAR / Pic By BLOOMBERG This article is an attempt to investigate the possible DNA of ...