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…
Digi launches ‘vcash’ mobile payment app
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…
ICD, Mizuho Bank (M) Berhad seal $150m Murabahah deal
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…
Apicorp issues $500mln five-year sukuk
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…
Boosting Islamic finance
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 Finance House offers Online Finance Request service
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…
Islamic banks in Bahrain urged to fully comply with new standards
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…
Govt establishing co-investment fund (CIF)
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…
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