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HALAL INDUSTRY UPDATES

Thursday, 13 December 2018

'Islamic banking should improve risk management practices' - Newspaper - DAWN.com

'Islamic banking should improve risk management practices' - Newspaper  DAWN.comKARACHI: Despite being asset-backed, Islamic finance is still not immunised from risks associated with deficiencies in d...

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Friday, 14 December 2018

SBP sees growth trajectory of Islamic banking, finance - Pakistan Observer

SBP sees growth trajectory of Islamic banking, finance  Pakistan ObserverUrdu version of AAOIFI's Shariah Standards launched. Staff Reporter. Karachi. State Bank of Pakistan Governor Tariq Bajwa has s...

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Wednesday, 12 December 2018

‘Pakistan has better regulatory framework for Islamic Banking’ - Daily Times

‘Pakistan has better regulatory framework for Islamic Banking’  Daily TimesThe Islamic Banking Industry of Pakistan in collaboration with Accounting and Auditing Organization for Islamic Financial Ins...

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Monday, 03 December 2018

Islamic finance in Afghanistan growing, but investment options are limited: report - The Business Times

Islamic finance in Afghanistan growing, but investment options are limited: report  The Business TimesSydney. ISLAMIC banking in Afghanistan has nearly tripled its holdings since 2014, but is constrai...

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Thursday, 06 December 2018

Saudi Arabia’s ICD Bank Announces Blockchain Powered Islamic Banking Solutions - Coingape

Saudi Arabia’s ICD Bank Announces Blockchain Powered Islamic Banking Solutions  CoingapeThe Saudi media reported that the Islamic Corporation for the Development of the Private Sector (ICD) is plannin...

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Friday, 14 December 2018

Re-awakening of Islamic finance in Somalia – Daily Pakistan Observer – - Pakistan Observer

Re-awakening of Islamic finance in Somalia – Daily Pakistan Observer –  Pakistan ObserverMogadishu. Somalia, the troubled land at the Horn of Africa with one of the most homogeneous Muslim populations...

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Tuesday, 27 November 2018

Bahrain central bank considers new guidance for Islamic banks - The Business Times

Bahrain central bank considers new guidance for Islamic banks  The Business Times[MANAMA] Bahrain's central bank is considering guidance covering Islamic windows, investment accounts and whether to de...

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Thursday, 13 December 2018

Historic Sukuk by an SA bank as Islamic finance makes sizeable gains - IOL

Historic Sukuk by an SA bank as Islamic finance makes sizeable gains  IOLSukuk issuances worldwide totalled a massive $116.7 billion in 2017 growing by around 32% from the $ 87.9 billion achieved in 2...

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Wednesday, 12 December 2018

Pakistan has better regulatory framework for Islamic Banking - DunyaNews Pakistan

Pakistan has better regulatory framework for Islamic Banking  DunyaNews PakistanKARACHI (Dunya News) – The Islamic Banking Industry of Pakistan, in collaboration with Accounting and Auditing Organizat...

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Tuesday, 27 November 2018

Islamic finance sees mixed growth, buoyed by capital market - study - The Business Times

Islamic finance sees mixed growth, buoyed by capital market - study  The Business Times[DUBAI] The Islamic finance industry grew 11 per cent year-on-year in 2017 and is set to sustain double-digit gro...

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Tuesday, 04 December 2018

Saudi Arabia's ICD to introduce blockchain-based Islamic banking solutions - Arabian Business

Saudi Arabia's ICD to introduce blockchain-based Islamic banking solutions  Arabian BusinessThe Saudi-based Islamic Corporation for the Development of the Private Sector (ICD) has penned an agreement ...

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Tuesday, 04 December 2018

Islamic finance back on solid growth track: Study READ MORE - Gulf Times

Islamic finance back on solid growth track: Study READ MORE  Gulf TimesA city bus drives past office buildings in Lagos, Nigeria (file). Africa is seen as a particular area of potential growth for Isl...

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Monday, 03 December 2018

Islamic finance in Afghanistan growing, investment options limited - report - Reuters

Islamic finance in Afghanistan growing, investment options limited - report  ReutersDec 3 (Reuters) - Islamic banking in Afghanistan has nearly tripled its holdings since 2014, but is constrained by u...

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Sunday, 18 November 2018

Uganda has no Islamic banking three years on - The East African

Uganda has no Islamic banking three years on  The East AfricanRegulations were ready for an October launch but there are still no takers.

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Saturday, 17 November 2018

Islamic banking grows in popularity in the UAE - survey - ArabianBusiness.com

Islamic banking grows in popularity in the UAE - survey  ArabianBusiness.com2018 Islamic Banking Index says Islamic banks are outperforming their conventional peers in customer acquisition in the UAE....

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Wednesday, 05 December 2018

ICD to introduce blockchain solutions in Islamic banking system - African Review

ICD to introduce blockchain solutions in Islamic banking system  African ReviewIslamic Corporation for the Development of Private Sector (ICD) and I-FinTech Solutions (IFTS) have signed an investment ...

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Thursday, 29 November 2018

FNB Islamic Banking honoured at IRBA Global 2018 awards | The Home Of Great South African News - www.sagoodnews.co.za

FNB Islamic Banking honoured at IRBA Global 2018 awards | The Home Of Great South African News  www.sagoodnews.co.za29 November 2018: FNB Islamic Banking affirmed its position as a leading Islamic fin...

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Friday, 30 November 2018

FNB Islamic Banking wins two international awards - IOL

FNB Islamic Banking wins two international awards  IOLFNB Islamic Banking has claimed two more prestigious awards, this time, at the 4th annual Global Islamic Retail Banking Awards.

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Thursday, 06 December 2018

Islamic finance back on solid growth track – Daily Pakistan Observer – - Pakistan Observer

Islamic finance back on solid growth track – Daily Pakistan Observer –  Pakistan ObserverObserver Report. Islamabad. The newly released Islamic Finance Development Report 2018, compiled by Thomson Reu...

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Thursday, 13 December 2018

The Express Tribune: SBP asks Islamic banks to help execute housing plan - Arab News

The Express Tribune: SBP asks Islamic banks to help execute housing plan  Arab NewsDecember 13 – The Express Tribune report by Salman Siddiqui states that the State Bank of Pakistan (SBP) has suggeste...

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Thursday, 13 December 2018

Islamic super fund to target millennials, sharia-compliant investing - NEWS.com.au

Islamic super fund to target millennials, sharia-compliant investing  NEWS.com.auWe dream to have our golden years a time of relaxation and reflection, but how much super do you need in order to make ...

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Wednesday, 21 November 2018

Philippine Congress moves a step closer to expanding Islamic banking - Arabnews

Philippine Congress moves a step closer to expanding Islamic banking  ArabnewsMANILA: The Philippines has moved a step closer to opening the country to the wide range of banking and other financial se...

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Tuesday, 27 November 2018

Oman's Islamic banking assets reach RO4.2bn in August,Oman - Muscat Daily

Oman's Islamic banking assets reach RO4.2bn in August,Oman  Muscat DailyTotal assets of Oman's Islamic banks and windows rose to RO4.2bn as of the end of August 2018 compared to the same period a year...

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Wednesday, 28 November 2018

Islamic banks hold 24% share of banking sector - Dhaka Tribune

Islamic banks hold 24% share of banking sector  Dhaka TribuneThe investments increased by Tk27,098.88 crore (14.02%) compared to the corresponding quarter of the preceding year.

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Friday, 30 November 2018

Bill on Islamic banking framework filed in Senate - BusinessWorld Online

Bill on Islamic banking framework filed in Senate  BusinessWorld OnlineSENATOR Sherwin T. Gatchalian has filed a bill seeking to establish a regulatory framework for the development of Islamic banks i...

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Friday, 14 December 2018

Know About Islamic Banking Software Market CAGR +11% by Application, Technology Service, Industry Vertical and Top Players Like ITS, Oracle, Path Solutions, Temenos - Press Release - Digital Journal

Know About Islamic Banking Software Market CAGR +11% by Application, Technology Service, Industry Vertical and Top Players Like ITS, Oracle, Path Solutions, Temenos - Press Release  Digital JournalOth...

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Wednesday, 28 November 2018

UAE among advanced Islamic finance markets - Khaleej Times

UAE among advanced Islamic finance markets  Khaleej TimesTotal assets projected to grow 58% from $2.4T last year to $3.8T by 2023.

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Monday, 26 November 2018

IRTI To Launch Global Report On Islamic Finance During World Islamic Banking Conference In Bahrain - Exchange News Direct

IRTI To Launch Global Report On Islamic Finance During World Islamic Banking Conference In Bahrain  Exchange News DirectThe Islamic Research and Training Institute (IRTI) of the Islamic Development Ba...

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Friday, 07 December 2018

Turkish banking watchdog issues draft revision to Islamic banking regulations - Salaam Gateway

Turkish banking watchdog issues draft revision to Islamic banking regulations  Salaam GatewayTurkey's banking watchdog on Friday issued a draft revision to regulations regarding the financing methods ...

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Thursday, 29 November 2018

Bill to promote Islamic banking sector pushed - Manila Bulletin

Bill to promote Islamic banking sector pushed  Manila BulletinSenator Sherwin Gatchalian is batting for the passage of a measure that will develop the Philippine Islamic banking sector.

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Friday, 14 December 2018

Banking: Adopting values that could avert another financial crisis - The Edge Markets MY

Banking: Adopting values that could avert another financial crisis  The Edge Markets MYEmbracing a values-based banking system could avert another financial crisis as financial institutions would be b...

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Monday, 10 December 2018

CBO becomes full member of Islamic Financial Services Board - Times of Oman

CBO becomes full member of Islamic Financial Services Board  Times of OmanMuscat: The Central Bank of Oman (CBO) has confirmed that it has become a full member of the Islamic Financial Services Board ...

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Tuesday, 20 November 2018

Fintech on track to shape future of Islamic finance - Gulf Times

Fintech on track to shape future of Islamic finance  Gulf TimesThe results of the inaugural World Islamic Fintech Awards, a new competition organised by industry platform IFN Fintech held in Manama, B...

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Tuesday, 20 November 2018

Islamic Banking in India: Awaiting official approval - Greater Kashmir

Islamic Banking in India: Awaiting official approval  Greater KashmirGreaterKashmir: Shariah banking, PLS banking, ethical banking, interest-free banking are different names used to identify Islamic b...

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Thursday, 06 December 2018

Fitch forecasts 'stable' outlook for GCC Islamic banks in 2019 - Gulf Times

Fitch forecasts 'stable' outlook for GCC Islamic banks in 2019  Gulf TimesStronger economic growth, led by higher oil prices, and its expected contribution to credit fundamentals have encouraged Fitch...

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Thursday, 22 November 2018

Lawmaker hopeful Senate will pass bill on Islamic banks - Manila Bulletin

Lawmaker hopeful Senate will pass bill on Islamic banks  Manila BulletinThe chairman of the House Committee on Banks and Financial Intermediaries is hoping for the smooth passage in the Senate of the ...

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