Islamic Banking

How to rise from the ashes of the Arab spring to grow business

With political turmoil and economic upheaval in many parts of the world, the need for closer interaction and trade between Muslim and non-Muslim...

How to rise from the ashes of the Arab spring to grow business

With political turmoil and economic upheaval in many parts of the world, the need for closer interaction and trade between Muslim and non-Muslim...

Huge growth for Sharia banking in Indonesia

Average annual growth has been 40% since 2007.

CIMB to push for sukuk deals in Australia

CIMB starts Australian operations this week.

Islamic finance bill up for approval

Hong Kong takes a major step in advancing Islamic financing.

Hong Kong Islamic finance bill gears up for 2013

Taxation framework for 'sukuk' are under way.

DBP selling Al-Amanah Islamic bank

The Development Bank of the Philippines has received government approval to sell its 99.88% stake in the Philippines’ only Islamic bank.

Are fears of Islamic banking being over regulated overdone?

It is better to have a slower growth rate due to relatively restrictive regulations than to suffer a ‘subprime’ crisis.

ADB signs deal promoting Islamic banking in Asia

The Asian Development Bank has signed an agreement that will expedite the adoption of Islamic banking across Asia.

CIMB Niaga’s Shariah unit ups profits

The Shariah unit of CIMB Niaga doubled its earnings in the first half as customers placed more funds, pushing upthe value of its assets.

HSBC to restructure its Islamic finance business

The HSBC Group is concentrating more in Malaysia and Saudi Arabia and less in Indonesia in its Islamic finance offering to customers.

Islamic financing growing stronger in Malaysia

Malaysia’s Islamic banks accounted for 24.2% of Malaysia’s total banking industry assets during the first seven months of 2012.

Indonesian sukuk posts longest rally in a year

Indonesia’s global sukuk rallied for a fourth month on speculation that a cut in government fuel subsidies will boost demand at auctions in the...

Malaysia is runaway global leader in sukuk

Malaysia accounted for 68 percent of the total global sukuk outstanding and 71 percent market share of the sukuk issued as at end-July.