Asia and the Pacific

Asia and the Pacific

Malaysia’s CIMB Islamic to Provide Up Financing for SMEs to Meet...

Malaysia’s CIMB Islamic will allocate up to 100 million ringgit ($23.96 million) in financing for companies that want to become halal-certified, targeting the 90%...

Second Tranche of Samurai Bonds to Be Finalised in Q1 2020

The government is expected to conclude talks on the second tranche of its Samurai bond in the first quarter of next year, said Deputy...

IILM Reissues $460 Million Sukuk

Today, the International Islamic Liquidity Management Corporation (IILM) has successfully reissued USD 460 million A-1 short-term Sukūk with 4-month tenor for the first time...

Australian Tax Rules Complicate Islamic Finance

Australia could be a regional leader in Islamic finance but tax issues are holding the sector back domestically, advocates say. The worldwide Islamic finance...

Indonesia’s Alami Wants to Prove Islamic Finance Can Be Profitable

Dima Djani was serving as a vice president of French investment bank Societe Generale when he got the calling to pursue a career in...

APAC Asset Owners Believe ESG Can Boost Returns

A Franklin Templeton survey revealed growing acceptance and adoption of ESG investing, led by Australia and New Zealand where 94 percent hold the belief...