A new era in banking - Oman Daily Observer


Oman Daily Observer
A new era in banking
Oman Daily Observer
ON THE TRACK — By Samuel Kutty — The banking and finance industry will witness further growth with the stage being set for the launch of Islamic banking in the Sultanate. Termed as a 'unique model', the recent Islamic Banking Draft Framework of the ...

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Questionable Islamic banking principles - Free Malaysia Today

Questionable Islamic banking principles
Free Malaysia Today
KUCHING: Bank Negara Malaysia must immediately investigate the practice of banks charging interests on loans under the Islamic banking principles as this is tantamount to borrowing money from loan sharks, claims Sarawak DAP.

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Indonesia says it would study any barter approach from Iran - Reuters

Indonesia says it would study any barter approach from Iran
Reuters
Iran may turn to countries that have large Muslim populations and resources, such as Indonesia and Malaysia, for its needs. Commodities traders have told Reuters Iran is offering gold bullion in overseas vaults or tankerloads of oil to secure food for ...

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Jakarta Becomes Magnet of Shari`ah Assets - Onislam.net


Onislam.net
Jakarta Becomes Magnet of Shari`ah Assets
Onislam.net
“We are on the lookout for any good Indonesian acquisition, if the price is right,” Mohamed Azahari Kamil, the Kuala Lumpur-based chief executive of Asian Finance Bank Bhd, the Malaysian unit of Qatar Islamic Bank, told the Gulf Times on Thursday, ...

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Malaysia Benefited From Participation Of Japanese Financial Institutions - Bernama

Malaysia Benefited From Participation Of Japanese Financial Institutions
Bernama
Deputy governor of Bank Negara Malaysia, Datuk Muhammad Ibrahim, said as at January 2012, there were nine Japanese institutions operating in Malaysia -- three commercial banks, four insurance companies, one reinsurance firm and one joint-venture ...

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HSBC continues to boost Islamic banking - The Edge Malaysia


The Edge Malaysia
HSBC continues to boost Islamic banking
The Edge Malaysia
There is also constant, strong local and global interest in Islamic finance. With the Malaysia International Islamic Financial Centre (MIFC) agenda providing a platform for Malaysia to extend the outreach of Islamic financial services to beyond the ...

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Zeti cautiously upbeat on prospects for Islamic finance industry in Malaysia - Arab News

Zeti cautiously upbeat on prospects for Islamic finance industry in Malaysia
Arab News
By MUSHTAK PARKER | ARAB NEWS The issuing of three mega Islamic banking licenses in Malaysia; starting the implementation of the new Financial Sector Blueprint (FSBP) 2011-2020 including Islamic financial inclusion and microcredit and the ...

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