STRONG SUPPORT FOR ISLAMIC FINANCE EXPANSION IN SOUTH EAST ASIA

The solid growth potential in Asia represents one of the most important economic stories in the…

AFTER WESTERN SUKUK DEBUTS, ISLAMIC FINANCE LOOKS TO EMERGING SOVEREIGNS

Last year’s rush by top-rated non-Muslim countries to tap the burgeoning Islamic finance market may not…

REFILE-INDONESIA SHARPENS CENTRALISED ISLAMIC FINANCE OVERSIGHT

Indonesia’s capital market regulator has signed an agreement with the country’s national shariah board to strengthen…

SUKUK RECORD SCUPPERED AS 1MDB DELAYS 2014 SALE

Global Islamic bond sales look set to miss out on a record year after Malaysia’s sovereign…

SHARIAH SUBINDEX LAUNCH PUSHED BACK TO MID-2015

A Philippine Stock Exchange (PSE) launch of a new subindex for Shariah-compliant listed companies planned for…

DRB-HICOM ISSUES RM715 MILLION (US$201.6 MILLION) SUKUK

DRB-Hicom has issued RM715 million (US$201.6 million) in nominal value of Sukuk Musharakah, which is the…

CONSOLIDATION OF SHARIAH BANKS ALSO NEEDED

Amid talk of merging banks in Jakarta to boost size and competitiveness in the region, the…

INDONESIA’S GARUDA SECURES US$100 MILLION ISLAMIC FINANCING FROM MALAYSIA’S MAYBANK

Indonesian airline Garuda Indonesia has secured US$100 million in financing from a unit of Malaysia’s Maybank…

IOI PROPERTIES PROPOSES RM1.5 BILLION (US$467.5 MILLION) SUKUK

IOI Properties Group has proposed to set up an unrated Islamic medium term note programme of…

LIMITED FX DEPOSITS

Capitalisation levels have been a bright spot for Islamic banks, with levels consistently above those of…