Posts Tagged ‘Islamic banking’

Financing from Islamic banks crosses US$1t mark, says IFSB

IFSB releases country-level data on financial soundness and growth of Islamic banking systems for 21 nations, including the UK
By HABHAJAN SINGH The ...

Public Bank’s 2Q earnings up 5% to RM1.4b

By NG MIN SHEN / Pic By TMR
Public Bank Bhd’s net profit rose 5% year-on-year (YoY) to RM1.4 billion in the second-quarter ended June 30, 2018 (2Q18), ...
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, ...

Maybank’s 1Q net profit up 9.9% to RM1.9b

The lender aims to accelerate its growth momentum and boost revenue drivers
by DASHVEENJIT KAUR / pic by ISMAIL CHE RUS Malayan Banking Bhd’s ...
Uganda

Uganda takes a leaf from Malaysia’s Islamic banking regulations

New regulation calls for Central Shariah Advisory Council at central bank level and Shariah Advisory Board at individual bank level
By HABHAJAN SINGH ...
Uganda

Spreading Islamic banking in Uganda

KAMPALA • Islamic preacher Imam Idi Kasozi’s Friday sermons in the Ugandan capital typically focus on three subjects: Faith, mercy — and religiously ...

MBSB shareholders okay AFB acquisition, no VSS or MSS on the cards

By NG MIN SHEN / pic by TMR file
Malaysia Building Society Bhd (MBSB) has received shareholder approval for its proposed acquisition of Asian Finance ...

MBSB — Second-largest standalone Islamic bank in the making

The takeover of AFB is priced at about RM650m and will be paid in cash and equity
by DASHVEENJIT KAUR / Pic by HUSSEIN SHAHARUDDIN MALAYSIA Building ...
Islamic banking

Growing the Islamic banking business

Global Islamic financial industry has grown to register overall total assets of RM8.1t as at end-2015
By NG MIN SHEN / Pic By BLOOMBERG Malaysia has ...
Bank Islam

Bank Islam to launch digital Islamic banking products in 2Q18

By ALIFAH ZAINUDDIN / Pic by MUHD AMIN NAHARUL
Bank Islam Malaysia Bhd is expected to introduce up to two new digital banking products in the ...