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Tag results: Islamic finance

Islamic finance evolution

Emirates Islamic has introduced the UAE’s first Shariah-compliant Certificate of Deposit (CD) Programme. This initiative reflects the growing development of Islamic banking markets and the...

Banking for sustainability

Only a small percentage of sustainable loans today are Shariah-compliant, despite Islamic finance encompassing around US$2.8 trillion in assets globally. Yet for Maybank’s chief sustainability...

MNRB ratings affirmed

MNRB Holdings Bhd has strengthened its standing in the financial market following a series of reaffirmed credit ratings, alongside an improved outlook that signals...

Driving ESG in the halal economy

Bank Islam Malaysia Berhad has launched a new sustainable financing initiative, IHSAN Financing for Business Resilience, Sustainability, and Green Transition (IFiRST), to help small and...

MISB unveils MiGOLD

Muamalat Invest Sdn Bhd (MISB), a wholly-owned subsidiary of Bank Muamalat Malaysia Berhad, has launched the Muamalat-i Gold Fund (MiGOLD), a Shariah-compliant investment opportunity tailored...

Islamic finance momentum in CIS region

The 4th Commonwealth of Independent States (CIS) Islamic Banking and Finance Forum, organised by AlHuda Centre of Islamic Banking and Economics (CIBE), recently took place...

First Saudi sukuk ETF in Asia

Premia Partners, a leading Exchange Traded Fund (ETF) provider from Hong Kong, has made history by launching Asia’s first Saudi Arabia Government Sukuk...

Oman launches halal e-commerce

In a landmark partnership, Oman Data Park (ODP) and Rihal have joined forces to launch a pioneering digital platform, “Daily Millionaire”, aiming to redefine Sharia-compliant...

Bank Islam and Takaful Malaysia seal partnership

In a move set to bolster the Islamic finance landscape in Malaysia, Bank Islam Malaysia Berhad and Syarikat Takaful Malaysia Keluarga Berhad have signed a...

Bank Islam strengthens sukuk capital base

Bank Islam Malaysia Berhad has successfully issued its seventh tranche of Subordinated Sukuk Murabahah worth RM250 million, part of its RM10 billion Sukuk Murabahah Programme. This...