Islamic Banking
BNI Syariah to inaugurate 10 new branches
The lender also plans to open 28 sub- branches, including in Bali and Kalimantan, as it plans to boodt its assets by 50%.
BNI Syariah to inaugurate 10 new branches
The lender also plans to open 28 sub- branches, including in Bali and Kalimantan, as it plans to boodt its assets by 50%.
Islamic finance in Malaysia and infrastructural issues
In October 2010, KPMG wrote about the new agenda for Islamic finance institutions globally and three months on, we would like to examine how the...
Malaysia to lead sukuk issuance in surpassing US$35B
Bank Negara is optimistic the global sukuk issuance this year will surpass US$35 billion recorded in 2007 when it sustained the highest issuance...
Indonesia's Islamic bank assets forecasted to grow by 55%
The assets of Indoenesia's Islamic banks are expected to grow by half this year. Indonesia's central bank noted that the state increasingly turns...
Indonesia to join International Islamic finance group
BI has also secured approval from the House of Representatives to join the newly established International Islamic Liquidity Management .
More sharia banks planned in Indonesia
Several banks expressed interest in establishing sharia banks in Indonesia.
Maybank Islamic forecasts 30% growth in 2011
Maybank Islamic expects a 30 per cent growth in Islamic finacing this year.
Bank Negara Malaysia demands Islamic banks sharia compliance
Malaysia’s central bank preserves sanctity of the country’s Islamic banking as it assures that products and services are operated under a robust...
AIA, Alliance to tap Malaysian takaful opportunities
A new joint venture will offer a range of Takaful savings, protection and investment products designed to meet the unique needs of Malaysians.
Moving towards a tax level playing field for Islamic finance
The review of tax treatment of Islamic Finance products is one of the main tax recommendation of the Report on Australia as a Financial Centre.
Great Eastern launches Takaful business in Malaysia
Great Eastern offers Islam-compliant insurance products and services to cater 60.4% of Malaysia's population of 28.3mln.
Maybank unveils Syariah bank in Indonesia
Maybank Syariah Indonesia part of Group’s aspiration to extend its Islamic banking operations regionally.
HSBC Amanah to launch additional 26 branches
Th lender aims to provide world class service to customers by offering a complete Islamic finance.
Sabah Credit Corp forays into Islamic banking
AmIslamic Bank Berhad and Sabah Credit Corporation signed a US$31.9 million Islamic Banking Facilities agreement.
Bank Negara approves joint takaful licence for Public Bank and ING
The takaful products to be promoted through the multi-distribution channel of tied agency, bancatakaful and employee benefits currently existing in...
Bank Negara Malaysia grants two mega Islamic banking licenses
Malaysia opens its doors to international banking as it implements liberalisation measures over the period 2009 to 2012.
CIMB Islamic signs $100mln facility with HP
The facility to be used for financing HP’s 32-acre “next generation data centre” in Cyberjaya.
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