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Business 25 Dec 2010 | 12:00 AM Premium

Is Islamic finance the new challenge to Wall Street?

Tan Sri Andrew Sheng speaks of the growingIslamic finance market and whether it will be a newchallenge to Wall Street.

Business 16 Dec 2010 | 12:00 AM Premium

Zeti to chair IILM governing board

KUALA LUMPUR: The International Islamic Liquidity Management Corp (IILM) has appointed Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz chairperson of its governing board.

Business 30 Oct 2010 | 12:00 AM Premium

Treasury pulse

Global Foreign Exchange Market

Business 27 Oct 2010 | 12:00 AM Premium

Formation of IILM timely to address volatility in financing

PETALING JAYA: The Islamic Financial Services Board-initiated move to set up International Islamic Liquidity Management Corp (IILM) to address volatility in financing at national level and across borders is timely as the newly-formed body will help make the industry more sustainable in the long term.

Business 27 Oct 2010 | 12:00 AM Premium

One mega Islamic bank this year

KUALA LUMPUR: Bank Negara will announce one mega Islamic bank by this year under its plan to issue up to two mega Islamic banking licences.

Business 26 Oct 2010 | 12:00 AM Premium

Need for regulatory framework to lure investors

KUALA LUMPUR: Regulators in neighbouring countries need to come up with a common regulatory framework that supports infrastructure development and the relevant access to long-term Islamic financing, according to local and foreign industry players.

Business 09 Oct 2010 | 12:00 AM Premium

IILM to be officially set up on Oct 25

PETALING JAYA: The International Islamic Liquidity Management Corp (IILM) will be officially established on Oct 25 in Kuala Lumpur.