Tagged: Monetary Authority of Singapore
Ng Nam Sin, Assistant Managing Director of the Monetary Authority of Singapore (MAS), pointed out that, despite the expiry of certain tax incentives, Singapore is still looking to develop the city’s Islamic finance capabilities. To ensure that level pl…
Islamic banks are preparing themselves to catch a larger share of the global trade and project financing market, while European banks pull back funds to improve balance sheets back home.
The Monetary Authority of Singapore’s (MAS) managing director Rav…
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…
Mr Lim Hng Kiang, deputy chairman of the Monetary Authority of Singapore, announced that new income tax rules for Islamic finance products will be launched.
The new regulations will include financing agreements based on financing through partnership ag…
Sabana Shari’ah Compliant Industrial Real Estate Investment Trust raised S$664.4 million in gross proceeds, after pricing its initial public offering at S$1.05 per unit.
The company, which filed its prospectus to the Monetary Authority of Singapore las…
Billionaire Jignesh Shah-promoted Financial Technologies said it will launch three new international exchanges, including Bahrain Financial Exchange and Singapore Mercantile Exchange, this year.
The SMX (Singapore Mercantile Exchange) will go live in A…