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Islamic Banking
Bank Islam partners with Mambu, Experian for Shari
The bank has also signed an MOU with fintech company Pod.
1 month ago
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.
1 month ago
Bangladesh's Standard Bank converts operations to a full Sharia'h bank
This makes it the 10th Islamic bank in the country.
3 months ago
Indonesia pushes ahead Islamic banks merger to form $15b entity
Bank Mandiri, Bank Negara Indonesia, Bank Rakyat Indonesia have agreed to combine Shariah-compliant units.
6 months ago
Retail financing to anchor Malaysian Islamic banks amidst downturn
Financial growth will drop but will remain higher due to Islamic banking expansion.
8 months ago
Malaysia's need for financing will keep sukuk market afloat: Moody's
Sovereign sukuk issuance soared 39.2% on COVID-related budget pressures in H1.
8 months ago
CIMB Bank, CIMB Islamic Bank cut rates by 25bp
All financing facilities based on BLR and BFR will be slashed 0.25%.
1 year ago
New regulation may promote Islamic banking in the Philippines
But Islamic banks are not expected to take significant market share in the medium term.
1 year ago
Malaysia's Islamic banks pull ahead of Indonesia in the digital curve
CIMB Group has pledged to invest $477m over the next five years to strengthen its digital platforms.
1 year ago
Regulatory uncertainty fails to cripple Bangladesh's Islamic banks
Islamic financing accounted for more than 24% of total financing in Bangladesh.
1 year ago
Islamic financing in Indonesia lags Malaysia and Brunei
Government initiatives could boost halal economy and bolster demand for Islamic financial services.
1 year ago
Indonesia's Islamic banks narrow earnings gap with conventional lenders
Return on assets rose to 1.5% in 2018 from 0.8% in 2017.
2 years ago
How compatible are blockchain and Asia's growing Islamic banking sector?
Lenders are adopting the technology in Shariah compliant smart contracts.
2 years ago
Chart of the Week: What's dragging the growth of Islamic banks in ASEAN?
Malaysia and Indonesia are still trailing behind their GCC peers.
2 years ago
Malaysia urges Islamic lenders towards 'value-based' banking
Nine out of 27 banks have adopted the system.
2 years ago
Outdated property rules may bite Malaysia's Islamic banks
Real estate treatment by lenders still reflect Basel II norms.
2 years ago
Foreign Islamic banks may soon be able to set up shop in the Philippines
A bill seeking to organise such lenders has passed committee level.
2 years ago
