Islamic Banking
Islamic finance needs the same regulation as conventional finance: CIMB
But flexibility to be different between one jurisdiction to another should also be allowed in Islamic finance just as it is allowed in conventional...
Islamic finance needs the same regulation as conventional finance: CIMB
But flexibility to be different between one jurisdiction to another should also be allowed in Islamic finance just as it is allowed in conventional...
Commercial Bank of Ceylon opens Islamic banking unit
Commercial Bank of Ceylon's Islamic banking unit has opened a dedicated service point for 'Sharia Compliant Banking' at its Akkaraipattu branch.
Indonesia set to see record Sukuk issuance in 2012: HSBC
The government has already sold US$1.5 billion of local Sukuk in March this year, says HSBC Amanah head Herwin Bustaman.
Bank Muamalat to raise $87M through sukuk
Bank Muamalat will issue Islamic debt papers in July with the hope of raising Rp 800 billion or US$87 million.
CIMB poised to become Asia's largest investment banking franchise
Will it be able to topple Credit Suisse as it acquires Royal Bank of Scotland?
Islamic banks in Asia, and their differences with their GCC counterparts
The Islamic banking sector is one of the fastest growing segments in global banking, growing at an estimated 15-20% p.a.
Permata eyes 65% sharia lending growth
Permata Bank Syariah is targeting a lending growth of 65 percent this year.
PermataBank Syariah ups profit by 41% in 2011
PermataBank Syariah reported a profit of Rp 133 billion or US$14.45 million in 2011, reports Jakarta Post.
Bank Islam Malaysia admits to tougher 2012
Challenges facing Malaysia’s first Islamic bank will dent its bottom line this year.
Islamic Finance offers comprehensive solution: BNM Governor
Islamic finance offers a comprehensive and competitive solution in meeting funding and investment requirements of businesses.
Bank Islam, Takaful Malaysia push BIMB Holdings net profit up
BIMB Holdings' profit before zakat and taxation is up 47 percent to US$189.2 million for the financial period ended Dec 31, 2011.
Simpanan hopes to sustain 10% growth for Islamic account savers
Bank Simpanan Nasional hopes to sustain the 10 percent growth last year for its Islamic banking product account savers.
Azrulnizam appointed Al Rajhi Bank Malaysia CEO
Azrulnizam Abdul Aziz has been appointed CEO of Al Rajhi Bank (Malaysia).
Bank Muamalat wants non-muslim customers for Islamic products
Bank Muamalat's hopes to enhance the market of its various Islamic banking products and services with non-Muslin customers .
HSBC to introduce new sukuk
HSBC Amanah Malaysia Bhd will introduce an innovative sukuk this year for retail investors to maintain HSBC's position as a leading sukuk house.
Islamic banking risk management standards
Islamic Risk Management standards aim at enhancing and improving the current standards in the shariah compliant banking industry.
CIMB to launch new Islamic products in Singapore and Indonesia in 2012
CIMB Group will introduce new Islamic products in Indonesia and Singapore this year through its Islamic units in the two countries.
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