Islamic Banking
Islamic finance professionals more open to adopting crypto, digital assets: survey
                                                                                 
                    
                    
  Lack of need to pay for interest rates appeals to conservative Muslims.
                
                                
            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.
                    
                                        
                    
                CIMB Islamic, StanChart Saadia enter US$227m Collateralised Commodity Murabahah transaction
                                                                                                 
                        
                        
  Proceeds will be used for SDG-compliant projects.
                    
                                        
                    
                Malaysia grants five digital bank licenses
                                                                                                 
                        
                        
  Two will be Islamic digital banks.
                    
                                        
                    
                Maybank Asset Management Malaysia launch Shariah-compliant retirement solution
                                                                                                 
                        
                        
  The funds aim to achieve a 6% to 8% return per annum.
                    
                                        
                    
                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.
                    
                                        
                    
                What keeps young Muslims from embracing Islamic banking?
                                                                                                 
                        
                        
  The lack of available online banking options will be a dealbreaker for most.
                    
                                        
                    
                Demand for Islamic banking set to soar in South Asia, SEA
                                                                                                 
                        
                        
  The large untapped population in these regions and government support will drive long-term expansion.
                    
                                        
                    
                Retail financing to anchor Malaysian Islamic banks amidst downturn
                                                                                                 
                        
                        
  Financial growth will drop but will remain higher due to Islamic banking expansion.
                    
                                        
                    
                Malaysia's need for financing will keep sukuk market afloat: Moody's
                                                                                                 
                        
                        
  Sovereign sukuk issuance soared 39.2% on COVID-related budget pressures in H1.
                    
                                        
                    
                CIMB Bank, CIMB Islamic Bank cut rates by 25bp
                                                                                                 
                        
                        
  All financing facilities based on BLR and BFR will be slashed 0.25%.
                    
                                        
                    
                New regulation may promote Islamic banking in the Philippines
                                                                                                 
                        
                        
  But Islamic banks are not expected to take significant market share in the medium term.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
								 
						 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					 
                 
                 
                 
                 
                 
                