JAKARTA - Indonesia's finance ministry sold 13 trillion rupiah ($967.41 million) ofIslamic bonds at an auction on Tuesday, above the indicative target of 8 trillion rupiah, its financing and risk management…
Qatar's Islamic lenders, which are the third largest contributor to the global growth in Shariah banking, ought to enhance its finance initiatives and work towards activating international partnerships to further…
Qatar needs to reform interbank liquidity management to study leakages from Islamic banks through interbank finance as part of a strategic roadmap for Shariah finance, according to a Qatar Financial…
KUALA LUMPUR: The Royal Award for Islamic Finance is on a global search to honour an exceptional individual in the field of Islamic finance. According to a press statement issued…
The African Export-Import Bank (Afreximbank) has raised around $260 million via three sharia-compliant facilities to support small- and medium-sized businesses in the region, as African markets gradually open to Islamic…
The Saudi Arabian Islamic Development Bank (IDB) has put its researchers on the task of developing blockchain-based products. The project has started with the research arm, Islamic Research and Training…
Saudi Telecom Co (STC) has obtained a 1.51 billion ringgit ($378.5 million) Islamic loan through its Malaysian subsidiary, according to a document from arranging banks. Saudi Telecom, the Gulf’s largest…
Large initial public offerings (IPOs) in Malaysia could raise more than 10 billion ringgit ($2.49 billion) in the first half of the year, an official from CIMB Group Holdings Bhd…
Qatar is planning to set up a central Shariah committee for Islamic banks to create consistency in Islamic finance, according to the country's central bank. This is to ensure that…
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…