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…
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…
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…
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…
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…
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…
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…
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…
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…
KUALA LUMPUR (Nov 6): Securities Commission Malaysia (SC) said it is working closely with Bank Negara Malaysia (BNM) in coming out with a framework on cryptocurrency, and expects to launch…