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Malaysia’s Post-Lockdown Unemployment Rate Forecast to Reach 6.5% in Q2 2020: Socio-Economic Research Centre

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

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 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

Oman Records 7% Increase in Foreign Direct Investment Projects in 2019

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?

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

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 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