Islamic banking
Maybank Q2 net profit up 3.9% on higher investment, trading income
The Malaysian lender declares a first interim full cash dividend of 30 sen per share, up from 29 sen per share for previous corresponding period
Malaysia set to lead push into tokenised sukuk, disrupting Islamic finance
The move could bring what has long been the preserve of institutions and ultra-wealthy investors within the reach of ordinary Malaysians
Thomson Medical secures S$225 million Islamic revolving credit facility
It can be converted into a sustainability-linked one within 12 months
StanChart steps up as Asean’s gateway to the Gulf as Islamic finance matures
Malaysia’s Asean chairmanship is an opportunity for the bank to develop its Asean-Gulf Cooperation Council corridor, says coverage chief Chow Wan Thonh
Abu Dhabi's largest Islamic bank in talks to buy US$1.1 billion stake in Indonesian lender
Abu Dhabi’s largest Islamic bank is in talks to buy a minority stake valued at around US$1.1 billion in Indonesia’s top Islamic lender, Bank Syariah Indonesia, sources said, with an aim to tap into a ...
Maybank Singapore extends US$100 million sustainability-linked Islamic facility to AET
AET, the Singapore-headquartered owner and operator of maritime transportation assets and specialised services, has taken out a US$100 million sustainability-linked Islamic revolving credit facility f...
Singapore poised to become offshore Islamic wealth hub in next five years: panel
SINGAPORE is well-poised to become a global hub for offshore Islamic wealth within the next five years, with increasing investment interest in Islamic finance products and services, said industry play...
Malaysia’s Islamic fintech sector on the rise, set to hit US$12 billion by 2026
[KUALA LUMPUR] The chief executive of Malaysia Digital Economy Corporation – a government agency spearheading the economy’s digital transformation – is bullish about the future of the Islamic fintech ...
BT Explains: What are green sukuk investments?
As the world steps up its efforts towards achieving net-zero, so has the demand for investment to fund environmentally friendly projects – and green sukuk, or Islamic bonds, is tipped to play a key ro...
Islamic banking to continue seeing growth in South-east Asia
DEMAND for Islamic banking is on an upward trend globally, particularly in South-east Asia – one of the largest markets for Islamic financial services – amid a global increase in awareness of environm...