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RAM: HSBC Amanah Malaysia’s Ratings Reaffirmed at AAA/Stable/P1
HSBC Amanah Malaysia (HSBC Amanah) has had its ratings reaffirmed by IM Insights | July 10, 2020
Fitch: Bank AlJazira’s Long-term IDR Affirmed at BBB+
Bank AlJazira (BAJ)’s Long-Term Issuer Default Rating&nbs...
IM Insights | July 10, 2020
Malaysia’s Post-Lockdown Unemployment Rate Forecast to Reach 6.5% in Q2 2020: Socio-Economic Research Centre
Malaysia’s Socio-Economic Research Centre (SERC) reported in its quarterly economy tracker briefing that up to 53,952 individuals (taken from the Government of Malaysia’s post wo...
IM Insights | July 10, 2020
State Bank of Pakistan Reduces Mark-up on Refinance Schemes to 5% to Boost Investments
The State Bank of Pakistan (SBP) has lowered its mark-up rate on its refinance schemes by 5% in an attempt to ...
IM Insights | July 10, 2020
The Philippines Stock Exchange Lists Four New Shariah-Compliant Firms in Q2-2020
The number of Shariah-compliant firms in the Philippine Stock Exchange (PSE) has increased to 53 during the period ending 25th of June 2020, compared to the 52 firms that were listed during the p...
IM Insights | July 10, 2020
Central Bank of the UAE is Confident that Country’s Banking System Will Withstand Any Shock
The Central Bank of the United Arab Emirates (CBUAE) ...
IM Insights | July 10, 2020
Oman Records 7% Increase in Foreign Direct Investment Projects in 2019
Foreign Direct Investment (FDI) projects in the Sultanate of Oman have increased by 7% year-over-year in 2019 and stood at 61 projects, according to the 35th annual report on the invest...
IM Insights | July 10, 2020
Can a New Identity for Current Ar-Rahnu Last Long?
TODAY, many folks approach ar-rahnu service providers to meet their routine basic needs for the buying of foodstuffs, schooling expe...
Dr Hanudin Amin | July 10, 2020
Saudi Ground Services Signs SAR 500 Million Murabahah Agreement with Saudi British Bank
The Saudi Ground Services Company (SGS), Saudi Arabia’s leading aviation ground handling services company, signed a SAR 500 million (USD 133.3 million) Shariah-compliant Murabahah fina...
IM Insights | July 09, 2020
Halal Angels Network Recruits UK Fintech to Digitise Halal Investment Market
Halal Angels Network, which was launched to promote innovation, entrepreneurship, and start-ups in the Halal sector, has partnered with a United Kindom (UK)-based fintech Deli...
IM Insights | July 09, 2020
