Islamic Finance
Indonesia plans VAT, income tax on crypto transactions
The Indonesian government will charge value-added tax (VAT) on crypto transactions and income tax on capital gains from crypto investments at 0.1% each, starting...
Malaysia aims at becoming Islamic wealth management center
Malaysia has introduced a five-year Islamic Fund and Wealth Management Blueprint to further strengthen the country's position as a global hub for Islamic funds...
Dubai Islamic Bank eyes Indonesia for expansion
Dubai's largest Shariah-compliant lender, Dubai Islamic Bank (DIB), which currently makes some 95 per cent of its revenue within the United Arab Emirates, says...
Japanese bank launches Shariah branch in Malaysia
Japan’s Sumitomo Mitsui Banking Corp (SMBC) will launch a fully Shariah-compliant Islamic finance operation in Malaysia, Japan’s Jiji Press reported on March 10. The...
Malaysia overhauls Islamic finance regulations
Malaysia has issued a new Islamic Financial Services Act (IFSA) for its $124 billion Islamic finance market - the largest globally - aimed at...
Finding trust in Islamic finance
Malaysia’s emergence as the undisputed Islamic finance hub of the world is much more about developing a syncretic system based on social justice than observing all the rigours that derive from Quran teachings.
Ethical values remain the core of Islamic banking
Islamic banking is growing in Malaysia at a rapid pace. Inside Investor sat down with Y.Bhg. Dato' Hj. Mohd Redza Shah bin Abdul, CEO of Bank Muamalat and President of the Association of Islamic Banking Institutions Malaysia to learn about the sector's driving forces.
Philippines to set up Islamic stock list
The Manila stock exchange is planning to introduce a list of Shariah-compliant equities to attract the nation’s Muslim investors and some of the $1.2...
Asia top emerging market for GCC
Asia will be the most important emerging-market region for the GCC in the coming years, according to a study by the Economist Intelligence Unit...
Inside Investor is media partner for Oxford forum
Inside Investor’s role will be to expand awareness of the event among the global media as well as provide in-depth coverage of the two...
Size matters for Shariah investments
CIMB Islamic is the global Islamic banking and finance arm of CIMB Group, a leading banking franchise in the ASEAN region, which makes it an interesting partner to look at for investors eyeing the region.
Al Baraka announces Indonesian investment
In its quest to expand in the Islamic bank industry, Bahraini lender Al Baraka has announced plans to purchase an Indonesian bank at some...
Latest
Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...