Bank Negara Malaysia Consults Industry on Licensing Framework for Digital Banks Through Detailed Exposure Draft with Five Licenses Set for FH2020

Bank Negara Malaysia (BNM), the central bank, closed 2019 with a potentially important FinTech consultation paper for the financial services industry on 27 December 2019 - an Exposure Draft on…

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Bidaya Closes Fourth Sukuk Fuelled by its New SR1bn Programme as Demand for Islamic Mortgages Increase in Saudi Arabia

Bidaya Home Finance (BHF), the Riyadh-based Islamic mortgage finance company, successfully issued its latest Sukuk, a SR300 million 2 year offering under its recently established SR1.0 billion Sukuk programme, which…

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Malaysian Mortgage Corporation (Cagamas) Finishes 2019 Strongly with Spate of Sukuk Issuances Totalling RM1.8bn

Cagamas Berhad, the National Mortgage Corporation of Malaysia, one of the most prolific issuers of Sukuk, continues to play a major role in Sukuk issuance and in the Islamic mortgage…

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RFI Foundation Launches “Responsible Finance – Ethical & Islamic Finance: Meeting the Global Agenda” Report

In Jakarta on 14 November 2019 at the IFSB Summit, the RFI Foundation launched the “Responsible Finance – Ethical & Islamic Finance: Meeting the Global Agenda Report” which investigates similarities between…

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