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Yearly Archives: 2017

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Read more about the article Digi launches ‘vcash’ mobile payment app

Digi launches ‘vcash’ mobile payment app

  • Post author:admin
  • Post published:09/11/2017
  • Post category:News Regarding Islamic Finance
  • Post comments:0 Comments

KUALA LUMPUR: Digi.Com Bhd has launched vcash, a mobile payment application offering an easy, more convenient way to pay, send, request and store money in smartphones. It is offered in partnership with…

Continue ReadingDigi launches ‘vcash’ mobile payment app
Read more about the article ICD, Mizuho Bank (M) Berhad seal $150m Murabahah deal

ICD, Mizuho Bank (M) Berhad seal $150m Murabahah deal

  • Post author:admin
  • Post published:09/11/2017
  • Post category:News Regarding Islamic Finance
  • Post comments:0 Comments

TOKYO — The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of Islamic Development Bank (IDB) Group (www.IsDB.org), and Mizuho Bank (M) Berhad, a…

Continue ReadingICD, Mizuho Bank (M) Berhad seal $150m Murabahah deal

Apicorp issues $500mln five-year sukuk

  • Post author:admin
  • Post published:08/11/2017
  • Post category:News Regarding Islamic Finance
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Muscat: The Arab Petroleum Investments Corporation (APICORP) has launched a $500 million 5-year sukuk off its $3 billion Trust Certificate Programme. The initial price talk was released at mid swaps 125bps and…

Continue ReadingApicorp issues $500mln five-year sukuk

Boosting Islamic finance

  • Post author:admin
  • Post published:08/11/2017
  • Post category:News Regarding Islamic Finance
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BURIED in the 2018 Budget, that was tabled by Prime Minister and Finance Minister Datuk Seri Najib Razak recently, are the important details behind the headlines on the handouts, policy…

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Kuwait Finance House offers Online Finance Request service

  • Post author:admin
  • Post published:08/11/2017
  • Post category:News Regarding Islamic Finance
  • Post comments:0 Comments

Kuwait: Kuwait Finance House (KFH) has announced the launch of a new service that allows customers to submit finance request online through KFHapplication Kfhonline. This service affirms the bank’s interest in customers while…

Continue ReadingKuwait Finance House offers Online Finance Request service

Islamic banks in Bahrain urged to fully comply with new standards

  • Post author:admin
  • Post published:08/11/2017
  • Post category:News Regarding Islamic Finance
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The new Islamic banking legislation, under which independent external scrutiny is a mandatory requirement, will promote corporate governance and compliance with Basel III norms. Manama - Islamic banks in Bahrain…

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Govt establishing co-investment fund (CIF)

  • Post author:admin
  • Post published:07/11/2017
  • Post category:News Regarding Islamic Finance
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KUALA LUMPUR: Second Finance Minister Datuk Seri Johari Abdul Ghani announced that the government is establishing a co-investment fund (CIF) with RM50 million from existing grants to be co-invested in…

Continue ReadingGovt establishing co-investment fund (CIF)

MBSB buys Asian Finance Bank for RM645m, set to be an Islamic bank

  • Post author:admin
  • Post published:07/11/2017
  • Post category:News Regarding Islamic Finance
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KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) is buying Asian Finance Bank Bhd (AFB) for RM644.95 million in cash and new MBSB shares. MBSB, whose controlling shareholder is the Employees…

Continue ReadingMBSB buys Asian Finance Bank for RM645m, set to be an Islamic bank

Bank Negara Malaysia seen maintaining OPR — DBS

  • Post author:admin
  • Post published:07/11/2017
  • Post category:News Regarding Islamic Finance
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KUALA LUMPUR (Nov 6): Bank Negara Malaysia is expected to maintain the overnight policy rate (OPR) at 3% this Thursday (Nov 9) on "robust economic growth and well-behaved inflation", according…

Continue ReadingBank Negara Malaysia seen maintaining OPR — DBS

Malaysia’s SC to liberalise bond market, says reviewing cryptocurrency rules

  • Post author:admin
  • Post published:07/11/2017
  • Post category:News Regarding Islamic Finance
  • Post comments:0 Comments

KUALA LUMPUR : The Securities Commission Malaysia (SC) will liberalise the nation's corporate bond and sukuk market by the first quarter of next year to enable greater retail access into…

Continue ReadingMalaysia’s SC to liberalise bond market, says reviewing cryptocurrency rules
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