DIB Wins UAE’s Strongest Islamic Retail Bank for 2017
Dubai Islamic Bank, the UAE’s largest Islamic bank, took home the title of ‘Strongest Islamic Retail Bank’ in the UAE 2017 at the Islamic Retail Banking Awards (IRBA) for the…
Indonesia unveils plan to roll out 1,000 eco-mosques by 2020
KUALA LUMPUR (Thomson Reuters Foundation) - Worshippers in Indonesia, the world’s largest Muslim-majority country, are set to go green with a new initiative that aims to establish 1,000 eco-mosques by…
Bank ABC Launches a Branch in Singapore
Bahrain-based Bank ABC (Arab Banking Corporation), the leading international banking Group in the MENA region, has announced the opening of a branch in Singapore. This comes as part of the…
Update: Dubai’s DIFC announces $100mln fintech fund
Dubai International Financial Centre (DIFC) on Tuesday announced it is establishing a $100 million fund to invest in early-stage and growth start-ups in the financial technology space. The fund was announced…
Malta positions itself as new centre for Islamic finance in EU
The small European island of Malta in the recent past quietly opened its doors to Islamic banking and finance in an attempt to take on established hubs in Europe, namely…
BNM’s Carnival To Promote Digital Banking, Cashless Transactions
KUALA LUMPUR, Nov 8 (Bernama) -- The upcoming Financial Carnival by Bank Negara Malaysia (BNM) in Kuching will promote more awareness for digital banking services and promote cashless transactions among Sarawakians.…
Bank Islam Launches 3rd Tranche Of Subordinated Sukuk
KUALA LUMPUR, Nov 13 (Bernama) -- BIMB Holdings Bhd's unit, Bank Islam Malaysia Bhd, has issued the third tranche of the Subordinated Sukuk Murabahah amounting to RM300 million under the Subordinated Sukuk…
Timely for Islamic finance to embrace fintech
PETALING JAYA: Islamic finance stands to gain significantly by leveraging on financial technology, said Bank Negara Malaysia Assistant Governor Datuk Ahmad Hizzad Baharuddin Speaking at the ASAS Shariah Fintech Forum…
Datuk Ahmad Hizzad Baharuddin – Assistant Governor’s Keynote Address at the ASAS Shariah Fintech Forum 2017
I would like to thank ASAS for the opportunity to speak at this event. I am encouraged to see the presence of many industry practitioners, particularly from the Shariah community.…
ACMF introduces Asean Green Bond Standards
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) will be adopting the Asean Green Bond Standards (AGBS), which was launched yesterday in conjunction with the Asean Capital Markets Forum (ACMF), to finance…