Maybank Islamic: Lender upbeat on retail growth
MAYBANK Islamic Bhd is confident demand for its retail portfolio will grow well in Malaysia and it is poised to roll out more products next year as well. Chief executive…
Kuwait cbank gov to helm IFSB chairmanship – Bangladesh’s Kabir appointed as deputy
KUALA LUMPUR, Dec 11: The Council of the Islamic Financial Services Board (IFSB) today resolved to appoint its Chairman and Deputy Chairman for the year 2018. HE Dr Mohammad Y. Al…
Malaysian property developer to originate first real estate unbilled sales-backed Sukuk
MALAYSIA: A Malaysian property developer is expected to issue a real estate unbilled sales-backed Sukuk facility this Friday, believed to be the first Shariah compliant securitization of progress billings in the…
Takaful Malaysia, AmBank Islamic Ink Bancatakaful Partnership
KUALA LUMPUR, Dec 5 (Bernama) -- Syarikat Takaful Malaysia Bhd has inked a strategic bancatakaful partnership with AmBank Islamic Bhd to provide Takaful Malaysia access to market its general takaful products to AmBank Islamic's…
Orix Expects Shariah-compliant Products To Boost Volume, Revenue
SHAH ALAM, Nov 30 (Bernama) -- ORIX Leading Malaysia Bhd expects the Shariah-compliant products it launched today " i-Rental, i-Lease and i-Hire Purchase " will boost its business volume and revenue. Its Chief Executive…
Solidarity General Takaful, Al Ahlia Insurance merger complete
Solidarity Group Holding, the largest Takaful Group in the world, has announced the successful completion of the merger between its two Bahrain based subsidiaries Solidarity General Takaful and Al Ahlia…
Cleric to parents: Encourage children to study Islamic finance
Dr Tajudeen Yusuf, Acting President, Institute of Islamic Finance Professionals (IIFP), has advised parents to encourage their children to study Islamic finance to benefit from new opportunities emerging from the…
INCEIF collaborates with NAMA Foundation to empower community through education
Kuala Lumpur, 4 December 2017 – INCEIF today signed a Memorandum of Understanding (MoU) with NAMA Foundation that will see the Kuala Lumpur-based foundation awarding scholarships to citizens from five countries to…
Dubai Islamic Bank’s double your salary promotion is a winner!
Dubai, UAE: Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, hosted the second monthly draw of its latest promotion, “Double Your Salary. Double Your Joy”. The second monthly draw was held at…
Pakistan raises $2.5 bln from sukuk, Eurobond sales, sees solid demand
ISLAMABAD - Pakistan raised $2.5 billion from the sale of two U.S. dollar-denominated sukuk and Eurobond issues in New York, a senior official said on Thursday. The issues had attracted total offers…
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