In the deposits sector, the Systems Limited report says that Malaysia predominantly offers Wadiah accounts (safekeeping) alongside Mudarabah options (profit-sharing). The financing sector is marked by ...

Over the 18-month period, Sedania As Salam Capital Sdn Bhd facilitated Shariah-compliant commodity murabahah transactions with an estimated value of over RM100 billion.

Malaysian data center firm Pi Data Center has secured funding for a new facility in Cyberjaya. Bank Pembangunan Malaysia Berhad has announced plans to support the launch of Pi Data Center Sdn Bhd ...

Kuwait City, Mar 14: Warba Bank announced its partnership with Nawras Company to finance environmentally friendly goods as part of its commitment to environmental, social responsibility and governance ...

(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, July 3 (KUNA) -- The Central bank of Kuwait (CBK) announced Monday new bonds and related tawarruq valued at KD 240 million (around USD 792 million). The ...

Kuwait, July 3 (BNA): The Central Bank of Kuwait (CBK) announced Monday new bonds and related tawarruq valued at KD 240 million (around $792 million). The securities bear a return rate of 4.250 per ...

KUALA LUMPUR: AmBank Islamic has launched the Auto Financing-i Murabahah Tawarruq which is a Shariah-compliant product based on the concept of Murabahah Tawarruq.

AmBank said the Auto Financing-i Murabahah Tawarruq is under the fixed rate reducing balance method and it offers financing of up to 100% and flexible tenure of up to nine years for brand new national ...

KUWAIT, Aug 22 (KUNA) -- The Central Bank of Kuwait (CBK) issued CBK Bonds and related Tawarruq worth KD 240 million (some USD 792 million) payable in three months. The new securities have return rate ...