Islamic Banking

Proceeds will be used for working capital needs related to EVs.

She spent the last 19 years working at HSBC.

Indonesian banks may benefit from widening margins, however.

But an abolition of the fractional reserve banking system may be a good idea.

Lack of need to pay for interest rates appeals to conservative Muslims.

Financial system based on shariah, or Islamic law, is a better strategy than traditional finance in light of the recent difficulties in the global...

Over $4.3b of ESG-linked sukuk was issued globally in Q2 2022.

Proceeds will be used for SDG-compliant projects.

Two will be Islamic digital banks.

Government support pushes the sector to an upward trajectory.

The funds aim to achieve a 6% to 8% return per annum.

The products are now available at Eccellente by HAO Market in Singapore.

Uncertainty over Omicron's impact may drive this slowdown.

Bank Rakyat was the most favourably-covered bank in the past year.

For smaller players, this may be their best bet to protect their assets.

The lack of available online banking options will be a dealbreaker for most.