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Currently Browsing: Islamic Finance

Tehran offers solutions to global crisis at IDB meeting

BAKU, June 26 (MNA) The Iranian minister of economic affairs and finance said the Islamic economic system is a paradigm to base international business on and offered solutions to the global crisis by restructuring the financial order. Read the original here: Tehran offers solutions to global crisis at IDB meeting
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6. KFH sets up department to control bad finances

PETALING JAYA: Kuwait Finance House Malaysia Bhd (KFH) has set up a credit control department for the purpose of remedial management of its non-performing financing (NPF) level, which, as at September 2009, stood at 6.72%. Continue reading here: 6. KFH sets up department to control bad finances
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10. Bank Negara: Islamic financing rebate is mandatory

KUALA LUMPUR: Bank Negara has ordered syariah banks to give borrowers a rebate for early settlement under new rules designed to prevent legal disputes and restore confidence in Islamic financing contracts. Go here to see the original: 10. Bank Negara: Islamic financing rebate is mandatory
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8. Bank Negara: Islamic financing rebate is mandatory

KUALA LUMPUR: Bank Negara has ordered syariah banks to give borrowers a rebate for early settlement under new rules designed to prevent legal disputes and restore confidence in Islamic financing contracts. See more here: 8. Bank Negara: Islamic financing rebate is mandatory
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9. KFH sets up department to control bad finances

PETALING JAYA: Kuwait Finance House Malaysia Bhd (KFH) has set up a credit control department for the purpose of remedial management of its non-performing financing (NPF) level, which, as at September 2009, stood at 6.72%. More: 9. KFH sets up department to control bad finances
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Islamic pricing benchmark seen as impractical

MALAYSIAN syariah bankers yesterday dismissed as impractical a proposed Islamic pricing benchmark, highlighting the industry’s struggle to replace conventional interest rates as a pricing tool. More here: Islamic pricing benchmark seen as impractical
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