Posts Tagged ‘Islamic banking’

BIMB’s profit for 1Q19 rises 17.7% to RM202.5m on strong takaful business

Amid cautious business sentiment this year, BIMB says the takaful industry is expected to have an edge over conventional insurers in view of strong ...

UOB M’sia net profit 
up 8%

By SHAHEERA AZNAM SHAH / Pic By TMR
United Overseas Bank (M) Bhd’s (UOB Malaysia) net profit rose 8% year-on-year (YoY) to RM1.24 billion for its ...

Public Bank records net profit of RM5.6b in FY18

The financial group proposed a 37 sen per share dividend for 4Q18, taking the full-year dividend to 69 sen per share
By FARA AISYAH / Pic By TMR Public ...

StanChart is said to mull options for M’sian Islamic arm

By BLOOMBERG
Standard Chartered plc (StanChart) is considering options for its Islamic banking unit in Malaysia, including a potential sale, people ...

Plenty of room for all in Malaysia’s banking sector

There is prevailing healthy competition among financial services players in Malaysia’s mature market
By NG MIN SHEN / Pic By BLOOMBERG There is ...

Role of Islamic banks in secondary financial markets

A pressing challenge is the lack of liquid and active secondary sukuk markets in key Islamic finance domiciles
By AKBAR KOMIJANI & FARHAD ...

The point when Islamic bankers are willing to break the code

A CJBS study raises some interesting food for thought for Islamic bankers globally
by HABHAJAN SINGH A NEW study has attempted to see how Islamic ...

CSQLaw, Amanie sign MoU 
with Kazakhstan’s AIFC

By HABHAJAN SINGH
Boutique law firm The Chambers of Shamsul Qamar (CSQLaw) and Islamic finance consulting firm Amanie Advisors Sdn Bhd plan to work ...

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 ...