Menu

Search

In this series, we aim to provide the latest news from the Islamic Financial Sector: from emerging Islamic economies across Africa and Asia to industry leaders such as Malaysia and the GCC along with developed nations in Europe and the Americas seeking to enter the sector.

Islamic Finance Series

Islamic fintech startup Yielders gets UK’s regulatory approval

Apr 11, 2017 10:24 am UTC| Fintech

London-based fintech startup Yielders has become the first Islamic financial firm to gain UKs regulatory approval, Reuters reported. Yielders is an equity-based crowdfunding platform for the UK property investment. The...

Islamic Finance Series

Moody's: Prospects remain robust for Islamic finance despite subdued sukuk issuance

Sep 21, 2016 00:44 am UTC| Research & Analysis

New sukuk issuance continues to remain subdued in 2016, but growth prospects for the Islamic finance sector are still strong, says Moodys Investors Service in a report published today. Growth in the Islamic banking...

Islamic Finance Series

Is Islamic banking more risky compared to conventional banking?

Jul 28, 2016 02:30 am UTC| Insights & Views Business

Islamic banks are less risky and more resilient than their counter parts in terms of bank capital requirement and mobilisation of deposits. Somewhat perversely, the global financial crisis presented a big opportunity to...

Islamic Finance Series

Islamic mutual fund increases social impact with trade finance investments

Feb 23, 2016 14:54 pm UTC| Business

FALLS CHURCH, VA., Feb. 23, 2016 -- Azzad Asset Management today announced that it has further magnified the social impact of its flagship mutual fund by adding investments in ethical trade finance deals. These...

Islamic Finance Series

Fitch: Islamic Finance in Malaysia: An Evolved Sector

Feb 18, 2016 02:02 am UTC| Research & Analysis

Malaysia is leading the global Islamic finance industry in terms of regulation, standardisation and sukuk issuance, representing more than half of issuance worldwide in 2015, Fitch Ratings says in a new...

Islamic Finance Series

Moody's changes Malaysia's Macro Profile to Strong- from Strong; BCAs of 12 Malaysian financial institutions remain unchanged

Jan 29, 2016 08:51 am UTC| Research & Analysis

Moodys changed the Macro Profile for Malaysia to "Strong-" from "Strong", to reflect the deteriorating operating environment for the Malaysian banks, in particular in the countrys heightened external vulnerabilities given...

Islamic Finance Series

Moody's: Outlook for Malaysian banking system stable, despite challenging operating environment

May 26, 2015 08:24 am UTC| Research & Analysis

Moodys Investors Service says that the outlook for the Malaysian banking system is stable over the next 12-18 months. Moodys has maintained a stable outlook on this system since May 2013. "The key drivers of our stable...

1 

Economy

TWD to remain stuck in range of 30.0-30.5, could face intermittent depreciation pressure in July or Q3: Scotiabank

The TWD has been trading in a range recently on rising concern in local companies with massive FX losses. In the months ahead, the TWD is expected to respond to cross-border flows in an asymmetric manner, i.e. more...

JGBs remain on the upside on expectations of fall in retail sales; BoJ Governor Kuroda’s speech in focus

The Japanese government bonds were pushed slightly higher across the curve on Tuesday, following hopes of a fall in the countrys retail sales for the month of May, scheduled to be released on June 29. In addition, the Bank...

New Zealand bonds close slightly higher after trade surplus eases in May

The New Zealand bonds closed slightly on the upside Tuesday after witnessing a softer trade surplus for the month of May, undershooting market expectations, released earlier today. At the time of closing, the yield on...

Australian bonds remain upbeat in thin trading amid dip in consumer confidence

The Australian bonds remained upbeat Tuesday in thin trading activity that witnessed data of little economic significance and as the countrys weekly consumer confidence edged slightly lower for the second straight week in...

U.S. Treasuries remain mixed ahead of Fed Chair Yellen’s speech, 7-year auction

The U.S. Treasuries slid ahead of a host of speeches by FOMC members throughout this week, especially from the Federal Reserve Chair Janet Yellen, scheduled on June 27. Also, the 5-year and 7-year auctions, due to be held...

Politics

US under Trump Series: Trump pours on cold water on 'Comey tapes' speculation

With a series of tweets, President Donald Trump poured cold water over the hot speculations that has been brewing for months that there are tapes of conversations between him and the former FBI director James Comey. After...

Why Lesotho's in such a mess and what can be done about it

In an interview following his recent return as Prime Minister of Lesotho, Tom Thabane has blamed the army for the countrys chronic political instability. Stating that his previous administration (after an election in 2012)...

US under Trump Series: US department of Justice launches investigation into Hillary Clinton’s email scandal

According to a Fox News report, which was confirmed by Senate Judiciary Committee Chair Chuck Grassley, the U.S. Department of Justice has launched a formal inquiry into whether former Secretary of State Hillary Clinton...

Data Of Almost 200M Americans Collected By GOP Leaked, No Protection Whatsoever

When collecting data from citizens for use in things like winning elections, it makes sense to afford hoard with heavyweight protection. Not only did the GOP fail to do this, which led to the leak of data of 198 million...

Julius Caesar in our times

All the worlds a stage, Shakespeare once wrote. In recent weeks, that Shakespearean adage has been particularly resonant, with the New York Public Theaters production of Julius Caesar attracting worldwide scrutiny...

Science

Gwyneth Paltrow's Company Lied About $120 Space-Age Healing Stickers

The health industry has no shortage of charlatans claiming that some magical seeds, flowers, herbs, or even energy are capable of miraculous healing. Now, those swindlers can add actress Gwyneth Paltrows company called...

Hacker Group ‘Anonymous’ Accused NASA Of Non-Existent Alien Announcement

Known for its rebellious activities against governments and huge companies committing acts that it deems immoral or unjust, the hacker group Anonymous has earned a reputation for being the champion of common folk. However,...

Elon Musk Tells Climate Change Deniers To Get A Thermometer

The vast majority of scientists agree that climate change is real and that it is being sped up by human activity, theres no debate there. Unfortunately, there are still those with influence in the political sphere that...

Scientist Say Lack Of Funding Is Biggest Obstacle To Immortality

For centuries, humanity has been searching for ways to live longer, resist diseases, and generally have a happier life. Throughout the centuries, people thought that the biggest challenge to discovering the secret to...

Electric Cars Can Also Power Buildings When Parked, Researchers Say

It seems there is one more reason to get an electric car other than to protect the environment. According to researchers, vehicles running on electricity can also power buildings without suffering battery drain or...

Technology

Nokia Phones Gaining Traction Due To Nostalgia, $229 Nokia 6 Coming To US

In a rather unexpected turn of events, it would seem that Nokia is coming back in a major way by capitalizing on the nostalgia that a lot of customers still feel regarding its old phones. Its 3310 remake is so popular, it...

FF15 Players Can Now Drive Off-Road With The Regalia

One of the biggest complaints that players had with the sweet royal set of wheels in Final Fantasy 15 is not being able to go off-road. When the Regalia was first announced before the games launch, many were hoping that it...

Nintendo SNES Classic Revealed, Production Will Be Better This Time

When the Nintendo NES Classic was discontinued a few months ago due to supply shortages, fans of the retro unit were outraged and dismayed. The company is about to go another round with the $79 SNES reboot, where fans will...

New VR Headset Is 70X More Powerful Than The Oculus Rift, HTC Vive, And Magic Leap

Right now, the biggest names in virtual reality are Oculus, HTC, Microsoft, Google, and Magic Leap. However, another firm is out to disrupt this delicate balance with a VR headset that is 70 times more powerful than the...

Take Two Bows Down To Gamers, Brings Back GTA Modding

In yet another instance of giant companies being forced to their knee by the sheer outrage of its customers, Take Two brings back modding to Grand Theft Auto. This particular kerfuffle started because the publisher sent a...
  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 27 08:00 UTC Released

ITConsumer Confidence

Actual

106.4 %

Forecast

106.2 %

Previous

105.4 %

June 27 08:00 UTC Released

ITMfg Business Confidence

Actual

107.3 %

Forecast

106.7 %

Previous

106.9 %

June 27 10:00 UTC 7171m

GBCBI Distributive Trades

Actual

Forecast

2 %

Previous

2 %

June 27 12:55 UTC 246246m

USRedbook MM

Actual

Forecast

Previous

0.7 %

June 27 12:55 UTC 246246m

USRedbook YY

Actual

Forecast

Previous

2.8 %

June 27 12:55 UTC 246246m

USRedbook MM

Actual

Forecast

Previous

0.7 %

June 27 12:55 UTC 246246m

USRedbook YY

Actual

Forecast

Previous

2.8 %

June 27 13:00 UTC 251251m

USTrade Balance SA*

Actual

Forecast

0.9 bln $

Previous

1.0 bln $

June 27 13:00 UTC 251251m

USCaseShiller 20 MM SA

Actual

Forecast

Previous

0.617 %

June 27 13:00 UTC 251251m

USTrade Balance SA*

Actual

Forecast

Previous

-0.297 bln $

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.