Islamic Banking
HSBC to restructure its Islamic finance business
HSBC to restructure its Islamic finance business
The HSBC Group is concentrating more in Malaysia and Saudi Arabia and less in Indonesia in its Islamic finance offering to customers.
Islamic financing growing stronger in Malaysia
Malaysia’s Islamic banks accounted for 24.2% of Malaysia’s total banking industry assets during the first seven months of 2012.
ADB, IFSB ink a deal to advance Islamic finance in developing countries
Here's what to expect from the agreement.
Indonesian sukuk posts longest rally in a year
Indonesia’s global sukuk rallied for a fourth month on speculation that a cut in government fuel subsidies will boost demand at auctions in the...
Malaysia is runaway global leader in sukuk
Malaysia accounted for 68 percent of the total global sukuk outstanding and 71 percent market share of the sukuk issued as at end-July.
Affin to buy 30% Bank Muamalat stake
Malaysia's central bank has given Affin Holdings permission to negotiate with DRB-Hicom on Bank Muamalat sale.
DRB-Hicom plans mega Islamic bank
The creation of an Islamic bank is in the pipeline for DRB-Hicom provided it succeeds in paring down its stake in Bank Muamalat Malaysia Bhd to Affin...
Irish group to issue sukuk in Malaysia
Ireland’s Electricity Supply Board may become the first large non-financial company from Europe to sell Islamic bonds.
Malaysia pushes for Islamic bank expansion in SE Asia
Malaysia's Islamic banks could get a greater role in managing sukuk by penetrating distribution channels to investors in Southeast Asia.
Will Islamic banking flourish in China?
It seems so as Fitch says it may help attract capital inflows from the Middle East.
Islamic finance players want balanced regulatory framework
Leading industry players in Islamic finance are requesting a balanced regulation that does not impede its growth or allow for abuse.
Indonesia tells sharia banks to put IPOs on hold
Bank Indonesia suggested that Bank Syariah Mandiri and Bank Muamalat bide time before floating their shares on the bourse.
Bank Islam targets 30% loan growth
Bank Islam Malaysia is eyeing a 30 percent loans growth this year.
Malaysia remains world leader in Islamic finance
Malaysia accounts for US$165.2 billion or 60% of worldwide sukuk deals. Sukuk is the Islamic equivalent of bonds.
Financial services to reach Muslims in rural Malaysia
Financial reforms in Malaysia will give Islamic banks more opportunities in the rural areas.
Malaysia still tops Islamic finance sector
Malaysia still leads in Islamic finance trailed by Singapore, which is striving to create more business in the sector.
Southeast Asia an engine for growth for Sharia banking
Guess which country could be the key player for Islamic banking?
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks