Islamic Banking
HSBC Amanah to launch additional 26 branches
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.
HSBC Amanah forecasts strong Asian sukuk sales
Region’s share in $1tln Islamic finance industry expected to increase amidst European and Dubai credit crises.
DBS reduces staff in Islamic banking business
IB Asia suffered $77.1mln loss in 2009 and even planned earlier to cease lending operations entirely.
OCBC Al-Amin Bank eyes double-digit growth asset, profit surge
Lender confident of hitting the target as global economic recovery fosters Islamic banking growth.
Foreign banks step up Islamic banking expansion
Lenders eye to dominate market share via more branches, innovative products.
Malaysia central bank to introduce Shariah governance framework
Timing of launch deemed strange as Shariah advisory role in Islamic finance is under scrutiny.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
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