Islamic Banking

DRB-Hicom plans mega Islamic bank

The creation of an Islamic bank is in the pipeline for DRB-Hicom provided it succeeds in paring down its stake in Bank Muamalat Malaysia Bhd to Affin...

DRB-Hicom plans mega Islamic bank

The creation of an Islamic bank is in the pipeline for DRB-Hicom provided it succeeds in paring down its stake in Bank Muamalat Malaysia Bhd to Affin...

Irish group to issue sukuk in Malaysia

Ireland’s Electricity Supply Board may become the first large non-financial company from Europe to sell Islamic bonds.

Malaysia pushes for Islamic bank expansion in SE Asia

Malaysia's Islamic banks could get a greater role in managing sukuk by penetrating distribution channels to investors in Southeast Asia.

Will Islamic banking flourish in China?

It seems so as Fitch says it may help attract capital inflows from the Middle East. 

Islamic finance players want balanced regulatory framework

Leading industry players in Islamic finance are requesting a balanced regulation that does not impede its growth or allow for abuse.

Indonesia tells sharia banks to put IPOs on hold

Bank Indonesia suggested that Bank Syariah Mandiri and Bank Muamalat bide time before floating their shares on the bourse.

Bank Islam targets 30% loan growth

Bank Islam Malaysia is eyeing a 30 percent loans growth this year.

Malaysia remains world leader in Islamic finance

Malaysia accounts for US$165.2 billion or 60% of worldwide sukuk deals. Sukuk is the Islamic equivalent of bonds.

Financial services to reach Muslims in rural Malaysia

Financial reforms in Malaysia will give Islamic banks more opportunities in the rural areas.

Malaysia still tops Islamic finance sector

Malaysia still leads in Islamic finance trailed by Singapore, which is striving to create more business in the sector.

Southeast Asia an engine for growth for Sharia banking

Guess which country could be the key player for Islamic banking?

Indonesia's central bank includes Shariah in new lending rule

Bank Indonesia will require also Shariah banks to toughen down payments on housing and automotive loan.

Risk management in Islamic banking

Banking in Asia has grown by leaps and bounds in terms of size, profitability, sophistication and maturity in the dozen years so far of the 21st...

Malaysian Islamic finance groups asked to focus on OIC

Islamic finance players pay more attention to Organisation of Islamic Cooperation member countries before venturing into other continents, says a...

Islamic banking to be introduced into China

Malaysia’s Bank Muamalat Malaysia Bhd and Bank of Shizuishan will open an Islamic bank in Ningxia Province within two years.

StanChart makes KL its Islamic banking hub

Standard Chartered Bank is making Kuala Lumpur its global business hub for Islamic consumer banking as part of its strategy to grow its Islamic...

India keen on Islamic Finance System: WIEF Sec Gen

The Indian government will come out with a policy decision  as regards the establishment of Islamic banks and finance institutions, according to WIEF...