Islamic Banking
MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors
Proceeds will be used for working capital needs related to EVs.
MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors
Proceeds will be used for working capital needs related to EVs.
Hong Leong Islamic Bank names Dafinah Ahmed Hilmi as CEO
She spent the last 19 years working at HSBC.
Economic woes, higher rates weigh on Islamic banks’ financing growth
Indonesian banks may benefit from widening margins, however.
Islamic banks must boost market share before any “radical” changes: analysts
But an abolition of the fractional reserve banking system may be a good idea.
Islamic finance professionals more open to adopting crypto, digital assets: survey
Lack of need to pay for interest rates appeals to conservative Muslims.
Economic crises can be avoided by using the Islamic financing paradigm
Financial system based on shariah, or Islamic law, is a better strategy than traditional finance in light of the recent difficulties in the global...
ESG-linked sukuk issuance treads an upward path
Over $4.3b of ESG-linked sukuk was issued globally in Q2 2022.
CIMB Islamic, StanChart Saadia enter US$227m Collateralised Commodity Murabahah transaction
Proceeds will be used for SDG-compliant projects.
Malaysia grants five digital bank licenses
Two will be Islamic digital banks.
Malaysia’s Islamic banks headed for more growth: Moody’s
Government support pushes the sector to an upward trajectory.
Maybank Asset Management Malaysia launch Shariah-compliant retirement solution
The funds aim to achieve a 6% to 8% return per annum.
Maybank launches programme to help Malaysian halal SMEs go overseas
The products are now available at Eccellente by HAO Market in Singapore.
Sukuk issuance slowdown may dawn earlier over Omicron variant: Fitch
Uncertainty over Omicron's impact may drive this slowdown.
How Islamic banks boosted their reputation during the pandemic
Bank Rakyat was the most favourably-covered bank in the past year.
More mergers in the horizon for Islamic banks in South Asia, SEA
For smaller players, this may be their best bet to protect their assets.
What keeps young Muslims from embracing Islamic banking?
The lack of available online banking options will be a dealbreaker for most.
Demand for Islamic banking set to soar in South Asia, SEA
The large untapped population in these regions and government support will drive long-term expansion.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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Most Read
1. GXS Bank launches term deposit product Boost Pocket 2. China’s big four banks face $100b shortfall in loss-absorbing capital 3. Labour force upskilling needed as SG nears 'super-aged' status 4. Cambodian banks breach covenants as bad loans surge 5. Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partnerEvents
<time datetime="2024
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