Manama : Ibdar Bank (Ibdar), a wholesale Islamic investment bank based in Bahrain, yesterday announced its participation in the 24th annual ‘World Islamic Banking Conference’ (WIBC 2017) as a silver sponsor. The…
Hyderabad: India has a wide network of different banks to meet the financial needs of people and hence the government has no intention to consider introducing Islamic banking, Union minister Mukhtar…
KUALA LUMPUR, Nov 26 – The country's Islamic finance industry needs to work collectively and persistently to address the challenges and strengthen the weaknesses while continuing to expand, innovate and…
Kenya has caught the eye of rich Middle East investors seeking to tap into tap into the country’s service industry to diversify their oil wealth. This week, the country will…
PETALING JAYA: Maybank Islamic Bhd has launched a rent-to-own (RTO) scheme, the first bank to do so in Malaysia. HouzKEY – its RTO product – is targeted at first-time house…
KUCHING: Malaysia Digital Economy Corporation Sdn Bhd (MDEC) is set to introduce a comprehensive Islamic Digital Economy (IDE) framework by the first quarter of next year. Chief executive officer Datuk…
Kuala Lumpur, 23 Nov – INCEIF congratulates Alumna Dr Tunku Alina Raja Muhd Alias who has been appointed to the Board of Directors of Malaysia Building Society Berhad (MBSB) and IJM…
ISTANBUL: Turkey on Wednesday signed two loan agreements worth nearly $570 million with Islamic Development Bank (IDB). The country’s Deputy Prime Minister Mehmet Simsek and the IDB’s President Bandar Hajjar…
With Islamic finance assets leaping to an estimated $2tn for both banks and non-bank financial institutions, and forecasts putting the volume at $3.2tn by 2020, voices have grown louder to…
Muscat: Oman’s Islamic banks and window operations have shown a robust year-on-year growth of 31.82 per cent (OMR700 million) in financing at OMR2.9 billion by the end of September 2017, as…