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Mashreq Capital’s Sukuk Fund Exceeds USD 150 Million in Assets Under Management
Mashreq Capital, based in Dubai, United Arab Emirates, stated that its Mashreq Al Islami Income Fund...
IM Insights | August 11, 2020
K-Electric Closes Sukuk PKR 25 Billion Sukuk Issuance Two Weeks Ahead of Schedule
Pakistan-based, power utility company K-Electric, announced on the 10th of August 2020, the successful closure of its PKR...
IM Insights | August 11, 2020
The Bureau of Internal Revenue Issues Tax Neutrality Ruling for Islamic Banks in the Philippines
According to the Revenue Regulations No. 17-2020, issued by the Philippines' Bureau of Internal Revenue (BIR) Commissioner, Caeser R Dulay on the 22nd of June 2020, Islamic ba...
IM Insights | August 11, 2020
The Philippines Looks to Develop Its Digital Banking and Islamic Fintech Sectors
According to Arifa A Ala, Managing Director at Bangko Sentral ng Pilipinas (BSP), the Philippines aims to conduct at least 30% of all transactions online or via digi...
IM Insights | August 11, 2020
Fitch: Indonesia’s Long-Term Foreign Issuer Default Rating Affirmed at BBB, Outlook Stable
Indonesia has had its Long-Term Foreign-Currency Issuer Default Rating (IDR) affirmed at BBB by Fitch Ratings (Fitch), with a Stable Outlook. The rating affirmation takes into account ...
IM Insights | August 11, 2020
Sukuk Issuances in Malaysia Expected to Rise in the Second Half of 2020
Based on industry feedback in the midst of the pandemic, the Securities Commission Malaysia has stated tha...
IM Insights | August 11, 2020
Malaysia Needs to Support more SMEs in Order to Boost Its Economic Recovery: Minister
Malaysia’s International Trade and Industry Minister, Datuk Seri Mohamed Azmin Ali, has stated that whilst Malaysia is on its way to a recovery amidst the COVID-19 pandemic, Small...
IM Insights | August 11, 2020
Central Bank of the UAE Relaxes Key Ratios to Support Economy: COVID-19
Effective the 8th of August 2020, the Central Bank of the United Arab Emirates (CBUAE) IM Insights | August 10, 2020
MARC: DRB-HICOM’s Sukuk Ratings Affirmed, Outlook Revised to Stable from Positive
DRB-HICOM’s A+IS rating on its Sukuk Programme IM Insights | August 10, 2020
Bank of Uganda Urged to Resolve Delay in Establishing Islamic Banking: Finance Minister
Acknowledging the technical, legal and personnel problems facing the Bank of Uganda (BoU), Matia Kasaija, the Ugandan Finance Minister has urged the relevant personnel within the BoU&nb...
IM Insights | August 10, 2020
