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…
Rising opportunity for Islamic financing in rail projects
KUALA LUMPUR: HSBC Bank Malaysia Bhd expects Islamic financing to complement conventional financing for the South-East Asia railway network project, given its long liquidity tenure, said chief executive officer (CEO)…
World Islamic Economic Forum to chart future of halal industry, Islamic finance
KUCHING: The upcoming 13th edition of the World Islamic Economic Forum (13th WIEF) will serve as a comprehensive platform for participating nations to deliberate on the future of the global…
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