Islamic Banking
RHB Islamic Bank targets $1.28b in wealth management by 2026
Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.
RHB Islamic Bank targets $1.28b in wealth management by 2026
Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.
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.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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