Menu

Search

In this series, we aim to provide the latest news from the Islamic Financial Sector: from emerging Islamic economies across Africa and Asia to industry leaders such as Malaysia and the GCC along with developed nations in Europe and the Americas seeking to enter the sector.

Islamic Finance Series

Islamic fintech startup Yielders gets UK’s regulatory approval

Apr 11, 2017 10:24 am UTC| Fintech

London-based fintech startup Yielders has become the first Islamic financial firm to gain UKs regulatory approval, Reuters reported. Yielders is an equity-based crowdfunding platform for the UK property investment. The...

Islamic Finance Series

Moody's: Prospects remain robust for Islamic finance despite subdued sukuk issuance

Sep 21, 2016 00:44 am UTC| Research & Analysis

New sukuk issuance continues to remain subdued in 2016, but growth prospects for the Islamic finance sector are still strong, says Moodys Investors Service in a report published today. Growth in the Islamic banking...

Islamic Finance Series

Is Islamic banking more risky compared to conventional banking?

Jul 28, 2016 02:30 am UTC| Insights & Views Business

Islamic banks are less risky and more resilient than their counter parts in terms of bank capital requirement and mobilisation of deposits. Somewhat perversely, the global financial crisis presented a big opportunity to...

Islamic Finance Series

Islamic mutual fund increases social impact with trade finance investments

Feb 23, 2016 14:54 pm UTC| Business

FALLS CHURCH, VA., Feb. 23, 2016 -- Azzad Asset Management today announced that it has further magnified the social impact of its flagship mutual fund by adding investments in ethical trade finance deals. These...

Islamic Finance Series

Fitch: Islamic Finance in Malaysia: An Evolved Sector

Feb 18, 2016 02:02 am UTC| Research & Analysis

Malaysia is leading the global Islamic finance industry in terms of regulation, standardisation and sukuk issuance, representing more than half of issuance worldwide in 2015, Fitch Ratings says in a new...

Islamic Finance Series

Moody's changes Malaysia's Macro Profile to Strong- from Strong; BCAs of 12 Malaysian financial institutions remain unchanged

Jan 29, 2016 08:51 am UTC| Research & Analysis

Moodys changed the Macro Profile for Malaysia to "Strong-" from "Strong", to reflect the deteriorating operating environment for the Malaysian banks, in particular in the countrys heightened external vulnerabilities given...

Islamic Finance Series

Moody's: Outlook for Malaysian banking system stable, despite challenging operating environment

May 26, 2015 08:24 am UTC| Research & Analysis

Moodys Investors Service says that the outlook for the Malaysian banking system is stable over the next 12-18 months. Moodys has maintained a stable outlook on this system since May 2013. "The key drivers of our stable...

1 

Economy

Toyota Group ramping development of fuel-cell vehicle, parts

The Toyota Group is ramping efforts in developing hydrogen fuel-cell vehicles and its parts to meet the global demand for eco-friendly cars. Last month, Toyota Motor Corp. released its second-generation hydrogen-powered...

S. Korean excavator makers Doosan, Hyundai expected to sustain China sales

Exports of South Koreas two excavator makers Doosan Infracore Co. and Hyundai Construction Equipment rose 19 percent to US$200 million in December from the previous year ago, mainly due to a boom in Chinas construction...

General Motors warns Indian state that blocking its exit could hit future investment

American automaker General Motors (GM) warned that the Maharashtra governments move to block it from shutting a plant and exiting India may alarm potential investors. Earlier this week, the state of Maharashtra rejected...

Volkswagen may sue suppliers Bosch and Continental over chip shortages

German car manufacturer Volkswagen may sue its suppliers Bosch and Continental for damages due to a lack of semiconductors that shut its assembly lines. Volkswagen is reportedly in talks with alternative semiconductor...

UK advising firms to set up hubs in EU to avoid trade disruption

UK is encouraging its firms who are exporting to the EU to set up subsidiaries in the bloc to avoid disruption under new trade rules, even if it means moving investment out of the country. Firms have been hit by extra...

Politics

Donald Trump humiliated: Greta Thunberg takes one last swipe at ex-POTUS on Twitter

Now-former President Donald Trump is no longer the Commander-in-Chief, but it did not stop many of his well-known critics from taking a swipe at him on his last day. Among them is renowned climate change activist Greta...

Melania Trump humiliated: Former aide Stephanie Winston Wolkoff blasts ex-FLOTUS

Former first lady Melania Trump left the White House with a very low favorability rating like her husband, Donald Trump. Former advisor and friend Stephanie Winston Wolkoff delivered yet another criticism towards Melania...

Kamala Harris honored by Golden State Warriors in special tribute to VP

Kamala Harris broke ground in so many aspects of US history when she was sworn in as the 49th Vice President of the United States. The former California Senator was then honored by NBAs Golden State Warriors in a special...

Joe Biden Cabinet: POTUS announces acting heads of federal agencies

Joe Bidens cabinet is not fully set in place just yet as most of his nominees are still in line for their confirmation hearings at the Senate. As his nominees have yet to be confirmed, Biden has already announced who will...

Science

What to feed ducks – according to science

The simple things in life sometimes bring the greatest joy like feeding the ducks at your local pond. The next time you pay your feathered friends a visit, consider introducing some variety into the food you give them....

Yellowstone volcano: USGS warns of possible eruption

Many scientists are keeping watch over the activity occurring in the Yellowstone volcano because of its potential to inflict large-scale damage in the United States. Now, scientists at the USGS have now warned of a...

Mars mission: NASA scientist says Martians can help humans live on Red Planet

Being able to live on Mars is one of the goals that space agencies all over the world have when it comes to exploring the red planet in future Mars missions. Although it may take a while to figure out how we may be able to...

Black holes: Albert Einstein's theory may save Earth from wandering black holes

Black holes are one of the most mysterious objects in the universe and were first brought up by renowned scientist Albert Einstein. With the possibility of wandering black holes being able to consume our own planet, the...

Asteroid alert: 16-meter space rock to pass by Earth on New Year weekend

With days to go until the Earth completes another year around the Sun, it appears that the universe also has plans to celebrate the new year along with us. An asteroid is set to pass by our planet a few days after the new...

Technology

‘PUBG’ 10.2 introduces Reputation Level to keep players’ attitude in check

The PUBG 10.2 console patch is now live, and developers are introducing an all-new feature that they hope will keep the players attitude in check. As the name suggests, the Reputation Level will serve as a quick reference...

'Among Us' accounts are 'close' to getting released

When Among Us became one of the biggest hits of 2020, gamers and developers soon realized the need for an accounts system. Innersloth previously announced it is one of their priorities moving forward, and the developers...

OnePlus 7, 7T gets Android 11-based OxygenOS 11 in first Open Beta

The Android 11-based OxygenOS 11 update has now entered the first Open Beta phase for OnePlus 7 and 7T users. Before testing this version, there are some important reminders smartphone users need to keep in mind. How to...

'Dead by Deadlight' is finally getting a colorblind mode after backlash over developer's stream

Behaviour Interactive revealed that Dead by Deadlight is getting the highly requested colorblind mode. The announcement happens after fans found one of the developers saying that hearing about the accessibility feature a...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.