Sukuk
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...
Sukuk Summit Awards of Excellence to be held in June
ICG-Events are pleased to announce the 2015 London Sukuk Summit; the 9th Summit in the series will be taking place on the 3rd -4th...
Indonesia’s $1.5-billion sukuk receives huge order book
Indonesia launched an Islamic bond on September 2 after ramping up interest for the dollar sukuk for more than a month, making it one...
Societe Generale sets up sukuk programme in Malaysia
Societe Generale, France's third-largest bank by assets, will set up a 1 billion ringgit ($311.3 million) multi-currency sukuk (Islamic bonds) programme in Malaysia, the...
Abu Dhabi bank to issue $1.07b sukuk in Malaysia
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...
Indonesia taps into Hajj fund to raise cash
The cash-strapped Indonesian government is using liquidity from its Hajj pilgrimage fund to buy domestic Islamic bonds, or sukuks, in a move to reduce...
Malaysia sukuk sales set to double in January
Planned sukuk sales in Malaysia for January 2014 are already double those completed in the same month of 2013 as companies seek to raise...
Singapore firm issues $500m Islamic bond
Singapore-listed Vallianz Holdings Ltd, a provider of vessel services for offshore oil and gas firms, said it plans to issue up to $500 million...
Push for Islamic Finance needed in Brunei
Brunei, although it has a small banking market, is still somehow underestimating the potential of Islamic finance as incentives to set up Shariah banking...
KPJ Healthcare in $312m expansion drive
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
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...
Demand for Indonesia sukuk below expectations
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...
Islamic finance in the focus at the IFN 2013 Asia Forum
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...
Islamic Finance forum to kick off in Kuala Lumpur
Malaysia's capital Kuala Lumpur will be the stage for the Islamic Finance news Asia Forum 2013 (IFN 2013) held on October 21 and 22...
Malaysia lags behind in Basel III sukuks
Regulatory issues and comfortable balance sheets are causing Malaysia to lag behind Gulf countries in one Islamic finance innovation, capital-boosting sukuks, Reuters reported
Since 2012,...
Malaysia’s capital markets triple
Malaysia sticks out at as a beacon of financial prowess even when pressed up against the world’s most stellar economies. The size of capital...
Malaysia’s power giant to issue $628m sukuk
Tenaga Nasional Bhd, Malaysia's largest power utility, over one of its subsidiaries, plans to issue a 2 billion ringgit ($628 million) Islamic bond, or...
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...