It seems that the Singaporean government is considering an endowment fund to promote Islamic education in the south-eastern Asian country.
The three-million-dollar fund will be developed by the Islamic Religious Council of Singapore (MUIS). It will be …
Singapore’s path to Shari’ah compliant home financing is being chocked by bureaucracy. The Islamic Globe recently noted on the absence of Islamic home financing products despite the Monetary Authority of Singapore having legislated for a range of S…
MAYBANK Investment Bank Bhd (Maybank IB) wants to use the acquisition of Singapore’s banking franchise, Kim Eng Holdings, as a springboard to become a regional financial powerhouse.
The company now has operations in Malaysia, Singapore, Hong Kong, Th…
Singaporean Muslims don’t have the possibility to apply for Shari’ah compliant home financing in Singapore despite the Shari’ah structures being in place. The Monetary Authority of Singapore has established a range of Shari’ah-compliant Islamic b…
Abu Dhabi Islamic Bank (ADIB) will hold investor meetings for a potential dollar-denominated Islamic bond, or Sukuk.
Meetings will begin in Kuala Lumpur on Nov. 17, and will cover Singapore and the United Arab Emirates (UAE), before ending in London on…
It seems that HSBC Amanah anticipates a pipeline of 30 new Islamic funds to raise its assets under management for serviced funds to $10 billion.
Germain Birgen, global head of securities services, stated that the bank currently services 90 Islamic fund…
Standard & Poor’s Ratings Services stated that Asia’s solid economic growth and surging population will urge for significant developments and upgrades of its infrastructure.
It appears that Asian economies need US$8 trillion over the next decade to…
Moody’s Investors Service discovered various characteristics found in strategies adopted by Islamic banks which improve their financial strength ratings in a new report. This strategies contain: franchise value, risk positioning and financial fundament…
The Singapore Exchange (SGX) has initiated a guide on sustainability reporting to cater to increasing demand for greater transparency. The guide underlines the principles of sustainability reporting for the listed companies.
It seems that of the 800 co…
After a landmark sharia REIT and local currency sukuk from Malaysia’s Khazanah Nasional stirred the city-state’s interest in wholesale Islamic banking, more Singapore companies are willing to raise Islamic financing.
Companies are looking for sukuk and…
