Despite the common opinion that joining a cooperative means that an individual can get loans, cooperatives are actually an important part of economic activities such as banking and construction as well as of the industrial and service sectors. Due to t…
It is expected that in the next 10 to 15 years Islamic Finance will offer significant opportunities for growth and diversification. Tharman Shanmugaratnam – Singapore’s Deputy Prime Minister and Minister for Finance – expressed his optimistic attitude …
Danajamin Nasional Bhd has assured guarantees for sukuk and bond programmes worth RM5.54 billion. This includes the latest guarantee for the Islamic facilities of Bolton Bhd. Bolton’s seven year RM230 million Islamic Medium Term Notes (IMTN) programme …
It is expected by early next year that the Islamic corporate social responsibility (i-CSR) General Practice framework will be ready for adoption by Islamic financial institutions. The framework has been developed by the Accounting Research Institute (A…
According to the Raja Muda of Perlis, Tuanku Syed Faizuddin Putra Jamalullail Sunday, private corporations should seize the opportunity to be creative in performing their Corporate Social Responsibility (CSR), thus enhancing the future of their compani…
An Islamic Corporate Social Responsibility (i-CSR) General Practice Framework for Islamic institutions is being developed by researchers at the Accounting Research Institute (ARI) of Universiti Teknologi Mara (UiTM). The framework aims to provide suita…
According to an announcement by the Kuala Lumpur Islamic Financial Forum (KLIFF), Al Rajhi Bank is awarded The Most Outstanding Islamic Finance Product for its Al Rajhi Collateralised Commodity Murabahah-i (CCM-i). The Islamic Finance Awards 2012 cerem…
The RM240 million Sukuk Musyarakah medium-term notes programme of Alloy Properties Sdn Bhd received affirmation on its rating of ‘AAIS’ with a stable outlook by Malaysia Rating Corp Bhd (MARC). The rating is a reflection of the adequacy of cash flows f…
A joint venture between Takaful Ikhlas Sdn Bhd and Islamic Aid Malaysia (IAM) provided the Darul Falah Ummi Aishah Orphanage in Kampung Behor Masjid with a library of 1,000 books in Bahasa Melayu and English. The donation worth RM33,000 by Takaful Ikhl…
It is expected that Islamic finance will thrive at a faster rate in emerging economies. The main reasons therefore, pointed out by KFH Research Ltd., are their resilient economic dynamics and potential, and their awareness of the industry. The liquidit…
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