Islamic Banking
Fitch forecasts growth in Philippine Islamic finance sector
Fitch forecasts growth in Philippine Islamic finance sector
The government plans to incorporate sukuk in its 2025 financing mix.
BSP underscores PH's potential as investment destination for Islamic finance
This is thanks to the country's drive for financial inclusion and robust economy amongst others.
Islamic finance needs to expand pool of skilled professionals: CIIF
CIIF signed three MOUs to develop the talent pipeline of the Islamic finance industry.
Regulatory gaps and rising demand fuel islamic banking boom in Asia
Asia’s Islamic banking sector is expanding rapidly.
Malaysia invests $906.67m to enhance MSME lending, Islamic finance
It also mulls establishing the Consumer Credit Commission.
Governance issues weigh on Bangladesh’s Social Islami Bank PLC
The government recently replaced its board and made changes to its management
Malaysia, UK tout Islamic finance to bridge green funding gap
Islamic finance’s framework naturally aligns with social finance, an official said.
Maybank kicks off Islamic banking operations in the Philippines
It is the first commercial bank in the country to get an IBU license.
Social Islami Bank faces weakened funding and liquidity
The possible withdrawal of central bank support can hurt depositor confidence.
Malaysian Islamic banks’ funding clean-up could take up to 5 years
Islamic banks need to strengthen their deposit base.
Islamic finance to become a $6.7t industry by 2027: LSEG
Malaysia and Indonesia are amongst the world’s top Islamic finance markets.
APAC Islamic banks continue upward trajectory with lift from new players
The launch of new Islamic players will improve access to financial services, says S&P.
CIMB Islamic, PETRONAS inks deal for Islamic commodity derivatives
This is PETRONAS’ first venture towards Shariah-compliant derivatives.
Indonesia’s Islamic financing to expand by 10% -12% in 2024: deputy gov
Indonesia’s sharia economy and finance maintained positive growth in 2023.
Malaysia’s Islamic banks continues to fly high in 2024: Fitch
Malaysia’s Islamic banking market is the third largest globally.
Malaysia proposes revisions to Islamic banking regulations
The central bank is inviting feedback to its exposure draft, until 31 March.
UOB Malaysia establishes inaugural Islamic debt programme
Tier 2 Sukuk Wakalah was given a fixed profit rate of 4.01% per annum.