Tags Posts tagged with "Islamic banking"

Islamic banking

Indonesia’s $1.5-billion sukuk receives huge order book

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Indonesia launched an Islamic bond on September 2 after ramping up interest for the dollar sukuk for more than a month, making it one...
Abu Dhabi bank to issue $1.07b sukuk in Malaysia

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Abu Dhabi’s First Gulf Bank, the third-largest bank by assets in the United Arab Emirates, will raise 3.5 billion ringgit ($1.07 billion) with Islamic...
Bahrain’s Al Salam Bank launches Asian Islamic REIT

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Bahrain's Al Salam Bank has launched a listed Shariah-compliant real estate investment trust (REIT) that will invest in a portfolio of Asian properties, the...
2014 London Sukuk Summit to be held in June

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The 2014 London Sukuk Summit, the 8th summit in the series organised by ICG-Events will be taking place on the June 18 to 19...
Brunei’s takaful sector grows

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Assets held by the Islamic insurance (takaful) sector in Brunei recently have grown significantly while those of conventional types of insurance have been declining,...
Malaysia sukuk sales set to double in January

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Planned sukuk sales in Malaysia for January 2014 are already double those completed in the same month of 2013 as companies seek to raise...
Indonesia sees slower Islamic banking growth in 2014

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Indonesia's central bank said that the growth of Islamic banking assets will slow in 2014 due to rising pressure from trade deficits and a...
Thailand’s struggle with Islamic finance

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Islamic finance has not taken off yet in Thailand despite the country's only Islamic lender, state-owned Islamic Bank of Thailand, or iBank, is trying...
Philippine exchange to approve Shariah-compliant firms

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The Philippine Stock Exchange (PSE) in December 2013 will designate its first Shariah-compliant companies, in a bid to keep Muslim savers' money in the...
Push for Islamic Finance needed in Brunei

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Brunei, although it has a small banking market, is still somehow underestimating the potential of Islamic finance as incentives to set up Shariah banking...
Malaysia pushes Islamic finance for Gulf investors

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New Malaysian standards for Shariah-compliant equities are expected to attract more Islamic investment funds from the Gulf region, said a senior official of the...
KPJ Healthcare in $312m expansion drive

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Malaysia's largest private healthcare provider KPJ Healthcare Bhd is looking at the possibility of issuing Islamic debt papers and a rights issue to help...
Islamic finance goes West: How Brunei can participate

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The 9th World Islamic Economic Forum (WIEF) held in London on October 29 to 31 was the first ever such event in the non-Muslim...
Maybank launches Islamic asset management unit

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Malaysia's largest bank, Maybank, has launched an Islamic asset management unit to cater to growing investor appetite for Shariah-compliant investment products, Reuters reported. The Islamic...
WIEF London to attract more Muslim money to UK

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The 9th World Islamic Economic Forum (WIEF), held in London from October 29 to 31 for the first time outside an Islamic country, is...
Demand for Indonesia sukuk below expectations

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Indonesia's finance ministry raised 429 billion rupiah ($38.81 million) from new Shariah bonds on October 29, the ministry's debt office said, far below an...
Takaful markets in Malaysia, Saudi Arabia thrive

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The Malaysian and Saudi Arabian cooperative and Islamic insurance (takaful) markets are the only two that are seeing growth especially in new policies and...
Islamic finance in the focus at the IFN 2013 Asia Forum

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The Islamic Finance News Forum, held on October 21 and 22 in Kuala Lumpur, saw no less then 2,416 delegates discussing and networking on...