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KUALA LUMPUR: Moody’s Investors Service expects Gulf Cooperation Council (GCC) countries and Malaysia to help drive growth in Shariah-compliant financial products though the Covid-19 coronavirus may disrupt sukuk issuance.
Indonesia is both a challenge and multi-billion dollar opportunity for fintech firms that are riding its mobile Internet boom and aiming to sell financial services.
KUALA LUMPUR: Islamic finance should be made part of the halal ecosystem and not as a separate entity as practised in many countries where the industry is a part of the economy.
DUBAI: Maybank Islamic Bank Bhd expects demand for sukuk, or Islamic bonds, issued from the Middle East to gain momentum among Asean investors.
DUBAI: Maybank Islamic aims to arrange six dollar sukuk deals in the Gulf in 2020, including at least one sovereign issuance, its CEO said on Monday, as the bank opened a branch in Dubai, its first outside of Malaysia
KUALA LUMPUR: Malaysia can expect half of its banking assets to be Islamic by 2030 as the industry’s growth outpaces conventional banking, according to a lenders’ association
BRUNEI DARUSSALAM (Borneo Bulletin/ANN): Brunei Darussalam maintained its ranking as one of the top 10 performing Islamic finance markets out of 131 countries as reported in the recently published ICD-Refinitiv Islamic Finance Development Report 2019: Shifting Dynamics.
THE use of robo-advisers, or robos, to manage one’s investment portfolios is expected to gain traction in Malaysia.
PETALING JAYA: Principal Islamic Asset Management Sdn Bhd aims to ride on the growing demand for Islamic financial solutions by expanding its product offering in the coming year.