Islamic Banking

HLB and Cagamas concludes RM300m green deal

It is Malaysia's first corporate issuance relating to green housing loans and financing.

HLB and Cagamas concludes RM300m green deal

It is Malaysia's first corporate issuance relating to green housing loans and financing.

RHB Islamic Bank targets $1.28b in wealth management by 2026

Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.

MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors

Proceeds will be used for working capital needs related to EVs.

Economic woes, higher rates weigh on Islamic banks’ financing growth

Indonesian banks may benefit from widening margins, however.

Islamic banks must boost market share before any “radical” changes: analysts

But an abolition of the fractional reserve banking system may be a good idea.

Islamic finance professionals more open to adopting crypto, digital assets: survey

Lack of need to pay for interest rates appeals to conservative Muslims.

Economic crises can be avoided by using the Islamic financing paradigm

Financial system based on shariah, or Islamic law, is a better strategy than traditional finance in light of the recent difficulties in the global...

ESG-linked sukuk issuance treads an upward path

Over $4.3b of ESG-linked sukuk was issued globally in Q2 2022.

Malaysia’s Islamic banks headed for more growth: Moody’s

Government support pushes the sector to an upward trajectory.

Maybank launches programme to help Malaysian halal SMEs go overseas

The products are now available at Eccellente by HAO Market in Singapore.

Sukuk issuance slowdown may dawn earlier over Omicron variant: Fitch

Uncertainty over Omicron's impact may drive this slowdown.

How Islamic banks boosted their reputation during the pandemic

Bank Rakyat was the most favourably-covered bank in the past year.

More mergers in the horizon for Islamic banks in South Asia, SEA

For smaller players, this may be their best bet to protect their assets.