EPICENTRE - Innovations Broaden Global Islamic Finance Horizons

June 2014 / Syaaban 1435H

As global Islamic Finance is tipped to surpass USD2tln in assets by the third quarter of 2014, we see innovation in products and services as a significant accelerator in opening up new areas of growth. From supporting Green Development projects to creation of Shariah-compliant hedging instruments, Islamic Finance has rapidly evolved into an integrated and holistic alternative financial system. Other Highlights: Speech by Prime Minister of Malaysia at Invest Malaysia 2014 Dato' Sri Mohd Najib Tun Haji Abdul Razak, Prime Minister of Malaysia, announced liberalisation measures for capacity building and to further promote investment in a broader spectrum of assets. READ MORE Remarks by Dato’ Muhammad Bin Ibrahim, Deputy Governor, Bank Negara Malaysia at the 11th IFSB Summit, Mauritius Exclusive Interview with President, Association of Islamic Banking Institutions Malaysia (AIBIM) on the Global Islamic Finance Forum (GIFF) 2014. READ MORE Exclusive Interview with Dato' Mohd Redza, President, Association of Islamic Banking Institutions Malaysia (AIBIM) on the Global Islamic Finance Forum (GIFF) 2014 Epicentre speaks with Dato' Mohd Redza Shah Abdul Wahid, President of AIBIM, on the Global Islamic Finance Forum 2014 which will be held this year in Kuala Lumpur from 2-4 September 2014. READ MORE Bursa Malaysia Targets New Products and Retail Growth to Stay Ahead as ASEAN's Multinational Marketplace At the 10th Invest Malaysia institutional investor conference organised by Bursa Malaysia Berhad, the Exchange unveiled new products and strategies to sustain its unique advantage as ASEAN’s multinational marketplace and drive investment growth. READ MORE Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad to Setup Multi Currency Sukuk Porgramme The Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad today announced that it has appointed CIMB Investment Bank Berhad and Mitsubishi UFJ Securities International plc to be the Joint Lead Arrangers and Joint Lead Managers for the proposed issuance of multi-currency Sukuk Programme under the Shariah principle of Wakalah Bi Al-Istithmar of USD500 million. This issuance marks the first Sukuk issuance for a Japanese commercial bank issued out of Malaysia’s Islamic finance marketplace and in the global market. READ MORE Introducing ‘ISRA Islamic Finance Space’ (IIFS) – An Islamic Finance Magazine ISRA Islamic Finance Space is a magazine to further promote the progress and development of Islamic finance. The magazine will be published twice a year. The magazine will bring a fresh outlook and wider content, with more columns and sections with the objective of discussing Islamic finance issues in a more in-depth manner. READ MORE