Islamic Banking

Malaysia's central bank said on Wednesday it was still reviewing offers to set up mega Islamic banks, suggesting it could miss its target of awarding a licence this year as the industry struggles to c

Malaysia is set to clinch 25 per cent of global transactions in Islamic banking within the next decade from less than 10 per cent currently, Minister in the Prime Minister's Department Tan Sri Nor Moh

Raja Teh is familiar with the multitude of Western misconceptions concerning Islam and Islamic finance and is keen to tackle these so the outside world can gain a more concrete understanding of the po

Malaysia’s CIMB Group Holdings said Indonesia would play an increasingly important part in its regional strategy and that it would like to list on the Indonesia Stock Exchange if rules were changed

A shortage of skilled Islamic scholars and banking officials versed in Shariah-compliant finance is hampering the industry’s ability to develop global standards, said an official at the Islamic Fina

As the Muslim community in Canada continues to grow, there are vast opportunities for financial institutions to offer Islamic financial products, services and advice, speakers at a Toronto conference