Asia and the Pacific

Asia and the Pacific

OCBC Al-Amin Aims for More Green Financing

OCBC Al-Amin Bank Bhd (OCBC Al-Amin) aims to strengthen its commitment to sustainability by bringing its value-based intermediation (VBI) with more "green" financing projects...

Kazakhstan: First Steps to Becoming a Regional Hub for Islamic Finance

Despite the attempts of the government of Kazakhstan to make its Islamic finance market more attractive, Islamic products are still rarely used in Kazakhstan. Currently,...

Fitr Zakat Contributions Reach MVR 6.6 Mln

The Ministry of Islamic Affairs, on Monday, revealed that more than MVR 6.6 million was collected as annual Zakat al-Fitr payments. According to a statement...

Central Asia Pushes Islamic Finance in Preparation of Post-Covid Era

Islamic banking in Central Asia, namely in the Commonwealth of Independent States (CIS) with its presently nine member nations, is developing fast and is...

Japanese ebook Platform Ventures into Distributed Ledger Tech

Media Do Holdings, the Japanese ebook platform, has revealed plans to invest JPY300 million (US$2.8 million) into distributed ledger technology (DLT) for the distribution...

South Korean University Announces New Blockchain Campus

South Korea’s Suseong University reached a deal on May 22 with the Korea Artificial Intelligence Association, or KORAIA, to create a blockchain and AI...