The Dubai Gold and Commodities Exchange (DGCX) will foray into Islamic finance sector and is also looking at offering more products from Fast Eastern countries, said a senior official.Meng Chan Shu, director…
Challenging oil prices and burgeoning budgetary deficits among the oil-producing economies supported a sharp increase in issuance of sovereign sukuk in 2017, a trend that is expected to continue in…
In Historic Move, AAOIFI, Under Sponsorship of SABB’s Financial Services, Provides Free Access to Online Version of its Shari’ah Standards At the headquarters of the Saudi-British Bank (SABB) in Riyadh,…
DUBAI -- Dubai Financial Market, DFM, has announced issuing two new regulations that pave the way for market participants to implement both repurchase agreements, Repo, and Islamic Murabaha transactions, in conjunction…
Multiple stakeholders in Islam- and Muslim-focused tech agree 2017 was a year of increased traction and validation for start-ups but it was an announcement about a government-led initiative that ended…
BANK Negara Malaysia (BNM) has thrown down the gauntlet to the Islamic finance industry by raising the bar for Syariah governance, the very raison d’etre of the faith-based Islamic system…
KUALA LUMPUR: Malaysia will be introducing its first Islamic Digital Economy (IDE) framework to claim the leadership role in the global halal marketplace. Through the IDE, Malaysia Digital Economy Corporation…
Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Airport Freezone Authority (Dafza), has launched the 'Dafza Strategy for Islamic Economy', which is based on initiatives involving the Islamic economy and…
Affin Bank Bhd’s wholly owned subsidiary, Affin Islamic Bank Bhd, has today listed its latest sponsored venture with Segi Seri Sdn Bhd on Investment Account Platform (IAP), a shariah-compliant platform…
The Securities Commission has issued Guidelines on Sustainable and Responsible Investment (SRI) Funds to facilitate and encourage greater growth of SRI funds in Malaysia. The new Guidelines, which enable funds…