Islamic Banking

Maybank Singapore approves landmark US$100m green-linked Islamic loan

Maritime transportation services company AET will use it to reduce GHG emissions.

The resilience and growth of Islamic Banking in Bangladesh

Islamic banking has played a pivotal role in creating employment opportunities for the 120 million individuals in Bangladesh.

Maybank opens Islamic wealth management hub in Singapore

It will offer end-to-end Islamic wealth solutions.

HLB and Cagamas concludes RM300m green deal

It is Malaysia's first corporate issuance relating to green housing loans and financing.

RHB Islamic Bank targets $1.28b in wealth management by 2026

Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.

MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors

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

Economic woes, higher rates weigh on Islamic banks’ financing growth

Indonesian banks may benefit from widening margins, however.

Islamic banks must boost market share before any “radical” changes: analysts

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

Islamic finance professionals more open to adopting crypto, digital assets: survey

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

Economic crises can be avoided by using the Islamic financing paradigm

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

ESG-linked sukuk issuance treads an upward path

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

Malaysia’s Islamic banks headed for more growth: Moody’s

Government support pushes the sector to an upward trajectory.