shariahcompliant

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Posted in Asia islamicbanking

South and Southeast Asia a bright growth spot for Islamic banking, says Moody’s

SELANGOR: Growth prospects for Islamic banking will remain strong in South and Southeast Asia (SEA) over the long term with demand expected to be driven…

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Posted in Business and Banking

Corporate sukuk to grow slow in 2020

KUALA LUMPUR: Domestic corporate sukuk are in a better position than during the global financial crisis or the Asian financial crisis supported by moderately leveraged…

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Posted in Business and Banking

Philippine Stock Exchange review finds 62 firms are Shariah-compliant

MANILA: The Philippine Stock Exchange said it classified 62 securities as compliant with Islamic finance principles, as of June 25. In its quarterly review, the…

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Posted in Business and Banking

Afreximbank, ICD seal financing agreement on $100m facility

ABUJA: The African Export-Import Bank (Afreximbank) and the Islamic Corporation for the Development of the Private Sector (ICD) have signed a Line of financing agreement…

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