Islamic Banking
Bank Negara Malaysia demands Islamic banks sharia compliance
Malaysia’s central bank preserves sanctity of the country’s Islamic banking as it assures that products and services are operated under a robust...
Bank Negara Malaysia demands Islamic banks sharia compliance
Malaysia’s central bank preserves sanctity of the country’s Islamic banking as it assures that products and services are operated under a robust...
AIA, Alliance to tap Malaysian takaful opportunities
A new joint venture will offer a range of Takaful savings, protection and investment products designed to meet the unique needs of Malaysians.
Moving towards a tax level playing field for Islamic finance
The review of tax treatment of Islamic Finance products is one of the main tax recommendation of the Report on Australia as a Financial Centre.
Great Eastern launches Takaful business in Malaysia
Great Eastern offers Islam-compliant insurance products and services to cater 60.4% of Malaysia's population of 28.3mln.
Maybank unveils Syariah bank in Indonesia
Maybank Syariah Indonesia part of Group’s aspiration to extend its Islamic banking operations regionally.
HSBC Amanah to launch additional 26 branches
Th lender aims to provide world class service to customers by offering a complete Islamic finance.
Sabah Credit Corp forays into Islamic banking
AmIslamic Bank Berhad and Sabah Credit Corporation signed a US$31.9 million Islamic Banking Facilities agreement.
Bank Negara approves joint takaful licence for Public Bank and ING
The takaful products to be promoted through the multi-distribution channel of tied agency, bancatakaful and employee benefits currently existing in...
Bank Negara Malaysia grants two mega Islamic banking licenses
Malaysia opens its doors to international banking as it implements liberalisation measures over the period 2009 to 2012.
CIMB Islamic signs $100mln facility with HP
The facility to be used for financing HP’s 32-acre “next generation data centre” in Cyberjaya.
CIMB Islamic names Achmad Riawan Amin Director
Hiring of current Indonesian Islamic Banking Association chairman emphasizes Indonesia’s importance to the group.
Maybank Syariah Indonesia may launch operations next year
Lender’s conversion to sharia of commercial bank still needs endorsement by BII shareholders to materialize.
CIMB Islamic launches Ijarah Property Financing-i
First lender in Malaysia to offer home financing based on Ijarah concept.
Great Eastern and Koperasi Tentera JV bags Family Takaful licence
Licence will enable Great Eastern Takaful to distribute syariah-compliant life insurance products in Malaysian market.
CIMB Islamic optimistic on sukuk issuance
Lender sees product to surpass $20bln as global sukuk market is rebounding from crisis.
Maybank Islamic unveils Waqf product
Contributions will be managed to create continuous stream of funds towards charity programmes by YWM.
Maybank to convert Indonesian unit into syariah bank
BMI keen to exploit growing potential of Islamic banking following its $93.44mln capital reduction.
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