Indonesia’s BNI Syariah to Expand International Banking Services
Indonesia’s state-owned BNI Syariah plans to add overseas representative offices to run trade finance, and financial institutions and remittance services, Abdullah Firman Wibowo its...
ECC Witnesses Heated Debate on How to Use Rs200b Generated Under...
The Economic Coordination Committee (ECC) meeting witnessed heated debate as top mandarins of Finance Ministry asking for the usage of the Rs200 billion generated...
World Bank Approves $250m Loan for Indonesia’s Covid-19 Relief
The World Bank announced its approval to finance Indonesia's Covid-19 Emergency Response Project by $250 million to help the country improve its health facilities,...
China Excludes Clean Coal Projects from List Eligible for Green Bonds
China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central...
Experts Say Cut in NSS Rates, Oversubscription of Sukuk to Provide...
A cut of 5.42 percent in the profit rates of National Savings Scheme (NSS) and a 70 percent oversubscription in the energy Sukuk would...
How COVID-19 Affects Saudi, Malaysian Islamic Fund AUM
COVID-19 has different effects on Saudi Arabian and Malaysian Islamic fund assets under management (AUM).
AUM in Malaysian Islamic funds decreased by around 15 percent...