What’s in a name? Islamic banking rebrands in attempt to go mainstream
(Reuters) - Islamic banking is based on core principles of the religion. So it is striking that some banks are removing the word "Islam" from their names - a sign...
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What’s in a name? Islamic banking rebrands in attempt to go mainstream
(Reuters) - Islamic banking is based on core principles of the religion. So it is striking that some banks are removing the word "Islam" from their names - a sign...
Bank of England may broaden Islamic liquidity tools
(Reuters) - The Bank of England is studying ways to increase the number of sharia-compliant assets that Islamic financial institutions can use in their liquidity buffers, a step towards reducing...
Glitzy Dubai eyes profit in setting Islamic standards
DUBAI (Reuters) - From cosmetics to accommodation, travel to toothpaste, complying with religious principles is becoming big business in the Muslim world, and Dubai, better known for flamboyance and unrestrained...
Glitzy Dubai eyes profit in setting Islamic standards
DUBAI (Reuters) - From cosmetics to accommodation, travel to toothpaste, complying with religious principles is becoming big business in the Muslim world, and Dubai, better known for flamboyance and unrestrained...
IDB to launch $10 billion Islamic bond program in Dubai
DUBAI (Reuters) - The Islamic Development Bank (IDB) will set up a $10 billion sukuk issuance program on the Nasdaq Dubai exchange, a boost to Dubai's efforts to become a...
Malaysia’s Maybank launches Islamic asset management unit
LONDON (Reuters) - Malaysia's Malayan Banking Bhd, the country's largest lender, has launched an Islamic asset management unit to cater to growing investor appetite for sharia-compliant investment products. The Islamic...
Philippines central bank in broad Islamic finance push
MANILA/SYDNEY (Reuters) - In what could be one of the most ambitious efforts to facilitate Islamic finance in a non-Muslim country, the Philippines' central bank is pushing several initiatives to...
CIMB Islamic eyes moderate growth, focus on core markets: CEO
KUALA LUMPUR (Reuters) - Malaysia's CIMB Islamic Bank Bhd , part of Southeast Asia's fifth-largest lender by assets, expects moderate levels of domestic growth as it plans to focus on...
Islamic banks to expand, compete for mainstream clients: study
MANAMA/KUALA LUMPUR (Reuters) - Islamic banks are set to expand as they compete increasingly with conventional lenders in attracting mainstream customers, according to a report by consultancy Ernst & Young...