:London :Dubai :Kuala Lumpur :New York
  FOLLOW US  
Sign in   |   Register

Events

image Introduction to Risk Management in Islamic Banking – Basel II Compliance.
Event date: - 2012-12-07
   
image 12th Annual Islamic Finance Summit
Event date: - 2013-02-26
   
image The 3rd PPP MENA Conference
Event date: - 2013-03-17
   
image Islamic Finance Forum Europe
Event date: - 2013-05-28
   
  More Events    Add Event

Search

Enter your keyword  

Follow Us





News by Topics

It has been reported that Indonesian Islamic banks like Bank Mandiri have offered strategic partnerships with  foreign investors in its plantation projects, saying this would strengthen the Islamic banking platform.

"Foreign companies can join us in loan syndication to (jointly) finance the medium and large scale projects,"said Bank Shariah Mandiri CEO Yuslam Fauzi during one of the GIFF industry specific dialogues held in September 2012.

Such cooperation would not only increase the efficiency and better manage risk but it would also strengthen Islamic banking.

Indonesian banks have a great appetite for the rosy palm oil industry what with Indonesia having a 43 per cent market share of the global production plus a 7.8 per cent annual growth.

Other crops which are enjoying strong growths in Indonesia are rubber with the strong demand from its automotive sector and cocoa.

In the case of Malaysia, financing for downstream activities are limited as SMEs have less access to finance especially those in the timber sector. This was unlike the upstream side where the government extends financial assistance to smallholders in replanting and mechanisation

Mohamed Sanuri Shahid from the Plantation Industries and Commodities ministry said financing opportunities are plentiful in large estates, forest plantations, agarwood as well as export credit financing.

Meanwhile Bursa Malaysia Bhd head of Islamic and Alternative market Jamaluddin Nor Mohamad said the world's first end-to-end Syariah-compliant commodity trading platform, Bursa Suq Al-Sila' is working on expanding the number to attract higher transactions.

The platform now has crude palm oil, plastic resin and RBD palm olein. After a successful joint sukuk issuance for TH Plantation Bhd, Hong Leong Islamic Bank is on an aggressive drive to have more such issues by the end of next year.

Hong Leong Islamic Bank head of Islamic Institutions and corporates Syamsul Azuan Ahmad Fauzi said these are benchmark issues valued at between RM500 million and RM1billion. Other plantation companies which have issued Islamic bonds to raise funds for capital expenditure are Kuala Lumpur Kepong Bhd which sold RM1 billion of 10-year Islamic bonds while Sime Darby Bhd is also planning its first multi-currency sukuk programme of as much as US$1.5 billion.

Share |

 

starting your own business with B&F Switching to B and f services

News

image How credit risk is associated with key macroeconom ...
2013-11-11
Recently published article by Hamid A.H. Al-Wesabi & Nor Hayati Ahmad from University Utara Malaysia is answering the qu ...
image London can lead world as an Islamic Finance hub ...
2013-10-29
Financial Time published the following article from George Osborne (UK chancellor of the exchequer) regarding this week ...
image The world bank will open its first centre on Islam ...
2013-10-28
The world bank will open its first centre on Islamic Finance at Borsa Istanbul premises, the exchange market said Monda ...
image Busy November for Islamic Finance ...
2013-10-25
Islamic Finance Calendar for November 2013: 1. The 9th World Islamic Economic Forum held in:London Date: MONDAY, NOV 4 ...
image Family Farming: The Key to Alleviating Hunger and ...
2013-08-09
After decades of failed attempts to eradicate hunger, development agencies, internation ...

Share |

Company Recomendation of the week
Hyde Park Executive Meetings   
Hyde Park Executive is situated in the West End of London, the area is home to major corporate headquarters, real estate businesses, hedge funds, wealth managers and embassy offices in the neighbourhood of Mayfair, Oxford Street, Park Lane, and Knightsbridge. Our meeting rooms are based on 12th floor and all benefit from having natural daylight – after all nobody wants to be stuck in a windowless box all day.Our service is all about flexibility and this extends to our booking options. It could be a one-hour catch-up in a meeting zone, half-day, 24-hours or an entirely bespoke package. For an informal meeting, you’re welcome to catch-up with a coffee in reception or over lunch in our stunning Dubai room. www.hydeparkexecutive.com


Current issue

''The principle of Islamic Finance is about transparency, ethics and fairness, as well as promotin ...
Read More ..
main cover islamic

Subscribe

Subscribe Digital

  Current Issue     Trial Version     Digital     Archive  







Click to launch the full edition in a new window
Online Publishing from YUDU

Latest Books

image Islamic Branding and Marketing: Creating a Global Islamic Business
Author/Publisher: - Dr. Paul Temporal
   
image Understanding Islamic Banking: The Value Proposition That Transcends Cultures
Author/Publisher: - Joseph A. DiVanna
   
image Critical Issues on Islamic Banking and Financial Markets: Islamic Economics, Banking and Finance, Investments, Takaful and Financial Planning
Author/Publisher: - Saiful Azhar Rosly
   
image Product Development in Islamic Banks (Edinburgh Guides to Islamic Finance)
Author/Publisher: - Habib Ahmed
   
image Frequently Asked Questions in Islamic Finance (The Wiley Finance Series)
Author/Publisher: - Brian Kettell
   
  Buy Now      More Books  

QUOTE of the week

 Islamic finance is becoming an integral part of the global finance industry and has taken its roots in almost all of the Muslim countries but has also been under discussion and penetration in selective Western and Far Eastern jurisdictions

Moinuddin Malim, CEO, Mashreq Al Islami


GCB    Business Media Group - the Publisher    B&F Services Ltd.