Islamic finance on the rise

LABUAN: The post-pandemic environment saw an acceleration in Islamic finance growth, said Labuan Financial Services Authority director-general Nik Mohamed Din Nik Musa. He said Islamic finance assets saw double-digit growth to US$3.4 trillion in 2020 and are projected to rise to almost US$5 trillion by 2025. “Islamic fintech or the digital delivery of Islamic finance is on […]

6th Royal Award for Islamic Finance to be conferred on Oct 4

KUALA LUMPUR: The sixth Royal Award for Islamic Finance will be conferred on Oct 4, 2022, in Kuala Lumpur. This is to recognise visionary individuals with outstanding achievements and innovative ideas that contribute significantly to the growth of Islamic finance, the global economy, and the social progress of communities around the world. In a statement, […]

MIA launches Islamic finance textbook

KUALA LUMPUR: The Malaysian Institute of Accountants (MIA) led by MIA Islamic Finance (IF) Committee and Malaysian Accountancy Research and Education Foundation (MAREF) have launched a comprehensive and current textbook on accounting for Islamic finance. Intended to bridge the gap in knowledge on applying MFRS for Islamic finance transactions within the Islamic finance sector, the […]