The establishment of MYOR-i as the Islamic benchmark rate will be a catalyst in driving Islamic financial product innovation, BNM says.
March 28, 2022Under a new MoU, Bursa Malaysia will collaborate with HSBC Amanah in developing sustainability-linked Islamic financial products and ESG solutions for listed companies.
February 9, 2022The blueprint contains plans to advance financial sector digitalisation, develop an open data ecosystem, and improve efficiency in cross-border payments.
January 25, 2022Central banks will cooperate on cross-border payments, fintech, and AML. Financial services regulators will cooperate on developing the Islamic finance industry.
November 12, 2021Use cases for Term SONIA include trade finance, working capital products, Islamic finance, export finance, and emerging markets lending.
July 31, 2021The IADI and IFSB have developed a set of core principles that can be used to develop and assess the effectiveness of Islamic deposit insurance systems.
July 14, 2021The BSP is proactively approaching local and foreign lenders to ascertain whether they are interested in establishing Islamic banking units.
April 1, 2021The main use cases where a robust rationale may be identified for using Term SONIA in lending products include trade finance, working capital, and Islamic finance products.
March 29, 2021With total assets of over $17bn, Bank Syariah Indonesia is now one of the largest sharia banks in the country.
February 4, 2021Measures include new regulatory framework for cryptocurrencies, and a new fund to be invested via ECF and P2P platforms alongside private investors, among others.
November 5, 2018