Asia and the Pacific

Asia and the Pacific

Muslims Can Now Pay Zakat Fitrah Online

Muslims in Sabah can now pay “Zakat Fitrah” (fitrah tithe) for the fasting month of Ramadan via online, which was initiated following the implementation...

Loan Moratorium U-Turn: What is Bank Negara Doing?!

Bank Negara Malaysia had announced yesterday that borrowers of hire purchase loans or fixed-rate Islamic financing would be required to perform additional steps to...

Tencent Launches Blockchain Accelerator Program

Chinese tech giant Tencent has launched a blockchain accelerator program, seeking to propel the widespread adoption of the technology in China. The program will...

BankIslami Ehad Sukuk IPO over Subscribed

The Initial Public Offering of BankIslami Ehad Sukuk has been successfully closed. Despite the ongoing COVID–19 pandemic, significant interest was received from both institutional and...

IslamicMarkets Ready for Expansion, Including into Retail Subscriptions

The rise of IslamicMarkets since its 2018 launch has been impressive and undertaken in an assiduous way that echoes the financial institutions the platform...

BankIslami IPO Oversubscribed

The initial public offering (IPO) of BankIslami Ehad Sukuk has been successfully closed, a statement said on Tuesday. Despite the ongoing COVID–19 pandemic, significant interest...