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HALAL INDUSTRY UPDATES

Friday, 08 February 2019

StanChart said to explore options for Malaysian Islamic banking unit - DEALSTREETASIA

StanChart said to explore options for Malaysian Islamic banking unit  DEALSTREETASIAStandard Chartered Plc is considering options for its Islamic banking unit in Malaysia, including a potential sale, ...

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Thursday, 07 February 2019

Malaysia a global leader in Islamic banking - New Straits Times

Malaysia a global leader in Islamic banking  New Straits TimesMALAYSIA'S pioneering role in the development of Islamic banking and finance has gained worldwide recognition.

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Tuesday, 12 February 2019

DBP urged to lobby for Islamic banking bill - Business Mirror

DBP urged to lobby for Islamic banking bill  Business MirrorA LAWMAKER on Tuesday appealed to the Development Bank of the Philippines (DBP) to lobby before the Senate the passage of the Islamic bankin...

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Tuesday, 12 February 2019

Indonesia Islamic bank sees sector taking off on halal - Gulf Times

Indonesia Islamic bank sees sector taking off on halal  Gulf TimesWith demand for financial products conforming to Islamic principles soaring, Shariah banking in Indonesia is poised for a phase of rap...

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Saturday, 09 February 2019

DBP exec pushes for Islamic banking - Minda News

DBP exec pushes for Islamic banking  Minda NewsDAVAO CITY (MindaNews/9 February) – A top executive of the state-owned Development Bank of the Philippines (DBP) called on Mindanawon lawmakers to ...

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Thursday, 07 February 2019

‘Islamic finance set to give conventional a run for its money - The News International

‘Islamic finance set to give conventional a run for its money  The News InternationalLAHORE: Islamic banking is ultimately going to overtake commercial banks, which currently control major deposits of...

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Tuesday, 29 January 2019

Islamic banking software a rapidly growing market READ MORE - Gulf Times

Islamic banking software a rapidly growing market READ MORE  Gulf TimesEmployees work at a *service* counter inside a combined Malayan Banking Bhd (Maybank) and Maybank Islamic Bhd bank branch in Kual...

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Sunday, 20 January 2019

Qatar Academy students get insights into Islamic banking at QIIB - Gulf Times

Qatar Academy students get insights into Islamic banking at QIIB  Gulf TimesStudents from Qatar Academy spent a “professional day” at QIIB headquarters at Grand Hamad Street, where they learned about ...

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Wednesday, 23 January 2019

Islamic finance for social good - UNDP

Islamic finance for social good  UNDPThe term 'Islamic Social Finance' refers to modes of finance that are rooted in Islamic ethics and intended for social benefit. These include Zakat (almsgiving), ....

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Monday, 11 February 2019

Identifying growth opportunities in Islamic finance - Asset Finance International

Identifying growth opportunities in Islamic finance  Asset Finance InternationalIslamic finance is available in 56 countries through 1389 sharia-compliant companies that have total assets under manage...

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Monday, 21 January 2019

Al Mustashar Islamic Bank Goes Live in Record Time with ICS BANKS® ISLAMIC From ICSFS - Bobsguide

Al Mustashar Islamic Bank Goes Live in Record Time with ICS BANKS® ISLAMIC From ICSFS  BobsguideBaghdad, Iraq: ICS Financial Systems Limited (ICSFS), the global software and services provider for bank...

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Friday, 25 January 2019

Islamic banking at QIIB – Daily Pakistan Observer – - Pakistan Observer

Islamic banking at QIIB – Daily Pakistan Observer –  Pakistan ObserverManama. Students from Qatar Academy spent a “professional day” at QIIB headquarters at Grand Hamad Street, where they learned abou...

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Monday, 11 February 2019

Al Salam Bank to introduce Islam banking practices in Seychelles - Seychelles News Agency

Al Salam Bank to introduce Islam banking practices in Seychelles  Seychelles News AgencyA new bank offering the Islamic finance banking concept -- which works on the basis of risk-sharing instead of i...

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Sunday, 10 February 2019

Bank Nizwa Brings Islamic Banking Closer to Corporate Customers - Al-Bawaba

Bank Nizwa Brings Islamic Banking Closer to Corporate Customers  Al-BawabaReinforcing its strategy to offer an excellent customer *service* experience, Bank Nizwa recently launched its 'Islamic Bankin...

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Wednesday, 23 January 2019

Al Mustashar Islamic Bank goes live with ICSFS core banking system - IBS Intelligence

Al Mustashar Islamic Bank goes live with ICSFS core banking system  IBS IntelligenceICSFS said that Al Mustashar Islamic Bank has gone live with core banking software suite ICS BANKS ISLAMIC for its n...

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Saturday, 16 February 2019

Bank Indonesia Mulls Accumulating Global Sukuk as Shariah Buffer - Bloomberg

Bank Indonesia Mulls Accumulating Global Sukuk as Shariah Buffer  BloombergBank Indonesia is weighing the use of sukuk issued by other countries in its monetary operations as demand for Shariah-compli...

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Saturday, 16 February 2019

Oman's conventional banks credit grows - Times of Oman

Oman's conventional banks credit grows  Times of OmanMuscat: A review of the activities of conventional banks exhibits an annual growth in total outstanding credit of 4.7 per cent at the end of Novemb...

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Wednesday, 30 January 2019

The Meteoric Growth of Shariah-Compliant Software Market in Banking Industry - Al-Bawaba

The Meteoric Growth of Shariah-Compliant Software Market in Banking Industry  Al-BawabaThe global market for core Islamic banking software solutions for banks – notably, not including products from fi...

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Thursday, 24 January 2019

Could Islamic finance let you be ethical and make money? - lovemoney.com

Could Islamic finance let you be ethical and make money?  lovemoney.comShariah-compliant savings accounts have some of the highest rates on the market, despite strict investment principles. Now mortga...

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Friday, 18 January 2019

Islamic bank hopes BOL can pave way to nationwide coverage - CNN Philippines

Islamic bank hopes BOL can pave way to nationwide coverage  CNN PhilippinesMetro Manila (CNN Philippines, January 18) — Potential residents and stakeholders hope that the creation of the new Bangsamor...

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Thursday, 07 February 2019

Dubai Islamic Bank Pakistan posts after tax profit of PKR 2.5 billion - Daily Times

Dubai Islamic Bank Pakistan posts after tax profit of PKR 2.5 billion  Daily TimesDubai Islamic Bank Pakistan Limited recorded excellent performance and growth in 2018.The Bank posted profit before ta...

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Sunday, 17 February 2019

Barwa Bank picks draw winners in Thara'a savings account campaign READ MORE - Gulf Times

Barwa Bank picks draw winners in Thara'a savings account campaign READ MORE  Gulf TimesBarwa Bank has announced the names of the most recent round of draw winners for Thara'a, its Shariah-compliant sa...

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Sunday, 17 February 2019

Apple Pay said to be coming to Saudi Arabia this week - Arabian Business

Apple Pay said to be coming to Saudi Arabia this week  Arabian BusinessApple Pay may launch in Saudi Arabia alter this week, according to local advertisements. Advertisements from Saudi Arabia-based A...

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Saturday, 16 February 2019

Islamic Banking Software Market – Industry Trends, Key Players, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue 2023 - RISReport

Islamic Banking Software Market – Industry Trends, Key Players, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue 2023  RISReportIslamic Banking Software Market analysis is provided fo...

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Friday, 08 February 2019

British expert says AIFC ready to provide Islamic finance-related arbitration in Astana - Astana Times

British expert says AIFC ready to provide Islamic finance-related arbitration in Astana  Astana TimesASTANA – Born and raised in the U.K., British lawyer and arbitrator, Freeman of the City of London,...

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Friday, 08 February 2019

Fitch: Operating Environment Key Sensitivity for Turkish Islamic Banks - Salaam Gateway

Fitch: Operating Environment Key Sensitivity for Turkish Islamic Banks  Salaam GatewayFitch Ratings-London-07 February 2019: Fitch Ratings says the market share of Turkey's participation (Islamic) ban...

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Saturday, 16 February 2019

50 years of memories: Pakistani economist who helped build Saudi banking system - Arabnews

50 years of memories: Pakistani economist who helped build Saudi banking system  ArabnewsJEDDAH: Of the many Pakistanis who have contributed to the growth and development of Saudi Arabia, economist Mu...

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Monday, 21 January 2019

Standalone UAE Islamic banks unlikely to merge: analysts - Salaam Gateway

Standalone UAE Islamic banks unlikely to merge: analysts  Salaam GatewayStandalone Islamic banks in the United Arab Emirates are unlikely to merge among themselves while the overall banking sector mov...

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Sunday, 17 February 2019

Boubyan Bank maintains Its top customer service position in Kuwait - Kuwait Times

Boubyan Bank maintains Its top customer service position in Kuwait  Kuwait TimesBoubyan the 'Best in Customer *Service* Atop all Kuwait Institutions. KUWAIT: Boubyan Bank continued being on top of the...

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Sunday, 17 February 2019

MIDEAST STOCKS-UAE property developers’ earnings give Gulf markets a boost - Reuters Africa

MIDEAST STOCKS-UAE property developers’ earnings give Gulf markets a boost  Reuters Africathan-expected results * Real estate sector gets confidence boost * DAMAC gains despite 87 pct drop in Q4 net p...

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Monday, 04 February 2019

Abu Dhabi Islamic Bank net profit up 8.7pc to $680m - Trade Arabia

Abu Dhabi Islamic Bank net profit up 8.7pc to $680m  Trade ArabiaAbu Dhabi Islamic Bank (ADIB) has delivered a strong set of results for 2018 with net profit growing 8.7 per cent to Dh2.5 billion ($68...

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Sunday, 17 February 2019

JPMorgan plans to use cryptocurrency for corporate payments - Islamic Business & Finance

JPMorgan plans to use cryptocurrency for corporate payments  Islamic Business & FinanceThe US-based lender is developing a prototype digital coin that it plans to use to speed up payments between corp...

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Sunday, 17 February 2019

Prabowo Pledges to Make Indonesia Hub of Global Halal Economy - Tempo.co English

Prabowo Pledges to Make Indonesia Hub of Global Halal Economy  Tempo.co EnglishPrabowo - Sandiaga have pledged to make Indonesia the fifth biggest halal economy in the world if they win the upcoming p...

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Sunday, 17 February 2019

Republic of Indonesia prints green sukuk - The Asset

Republic of Indonesia prints green sukuk  The AssetThrough its issuance of another green sukuk, the Republic of Indonesia (RoI) is clearly signalling to the markets is commitment to global sustainable...

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Sunday, 17 February 2019

Latest universal bank codes 2019 - Briefly.co.za

Latest universal bank codes 2019  Briefly.co.zaAre you always transacting online and you need a secure way to transfer and receive funds? Here are the ☆UNIVERSAL BANK CODES☆that you need to work ...

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Saturday, 06 October 2018

Singapore takes another shot at growing Islamic finance industry - The Business Times

Singapore takes another shot at growing Islamic finance industry  The Business TimesTHE BUSINESS TIMES Companies & Markets - SINGAPORE is taking another shot at the growing global Islamic banking and ...

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