Asia and the Pacific

Asia and the Pacific

Huge Shariah-Compliant Fintech Potential in Indonesia

By Othman Abdullah For the first time in many years, Indonesia overtook Malaysia in an Islamic finance ranking. It took many by surprise. We are...

Maybank IB is Top Sukuk Broker in 3Q19

Maybank Investment Bank Bhd (Maybank IB) emerged as the top sukuk broker for the third quarter of the year (3Q19), after helping to issue...

Arthaland’s Green Bonds Get 2nd Highest Credit Rating

Arthaland Corp. has been given the second highest credit rating by a local debt watcher for its planned issuance of fixed-rate green bonds worth P3...

Philippines Plans to Allow Banks Set Up Islamic Banking Units

Bangko Sentral ng Pilipinas is leaning toward allowing local lenders to set up Islamic banking subsidiaries, as it steps up efforts to promote Shariah-compliant...

CIMB Bank Singapore Partners SESAMi-Capital Match to Bring Cost-effective E-supply Chain

CIMB Bank Berhad, Singapore branch (“CIMB”) today announced its collaboration with SESAMi Holding and Capital Match to finance the SESAMi trading community’s invoices digitally...

Sharia Finance Provides Stability, Promotes Equality amid Economic Uncertainty

The sharia financial system can offer a solution for the economy amid global uncertainty and reduce inequality brought on by economic volatility, a Bank...