Islamic Banking
More growth in Indonesian Islamic banks seen
More growth in Indonesian Islamic banks seen
More than 80 percent expected growth would depend on effectiveness of regulations like eliminating double taxation.
StanChart Islamic unit aims expansion
Global economic recovery and opening up of some countries for Islamic banking spur StanChart Saadiq’s expansion.
CIMB offers low-risk Shariah investment
CIMB-Principal launched a tax-efficient alternative to traditional deposits, which provides potentially higher returns and allows withdrawal anytime...
Maybank tailor-fits shariah for mid-markets
Maybank Islamic launched a Shariah-compliant trade finance solution tailor-made for middle market and corporate customers involved with commodity...
Maybank Singapore launches new Islamic term deposit
For a minimum placement of S$10,000 or US$6887 for a 12-month tenure, clients can avail of Maybank Singapore's first Islamic term deposit. It has a...
Maybank Islamic targets US$566M in deposits
Maybank Islamic is targeting US$566.7 million in deposits from its launch of two new financial products, within one year. The products are Foreign...
Treasury operations boost Hong Leong Islamic profit by 15%
Hong Leong Islamic Bank posted a net profit after tax of US$15.473 million, up 15 percent year on year.
HSBC Amanah Malaysia expands in Shah Alam
HSBC Amanah Malaysia has expanded branches within six months with the opening of its Shah Alam branch.
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