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KUALA LUMPUR: Malaysia, via the International Centre for Education in Islamic Finance (INCEIF), is supplying world class talent for the fast-growing Islamic finance, says chairman and chancellor, Tan Sri Dr Zeti Akhtar Aziz.

KUALA LUMPUR: Malaysia has sold 4 billion ringgit ($1.31 billion) in Islamic government bonds maturing in 2016 at an average yield of 3.375 percent, the central bank said on Wednesday.

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Friday unveiled the 2012 Budget of Malaysia in which sukuk (Islamic bond) market, has emerged as a feather in the cap for Malaysia's Islamic finance.

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Friday unveiled the 2012 Budget of Malaysia in which sukuk (Islamic bond) market, has emerged as a feather in the cap for Malaysia's Islamic finance.

KUALALUMPUR: Malaysia, Islamic personal loans hovered as customers' utilized telephone for their financing. Al Hadj Azahari Pawan Teh- Chief Operating Officer IDOTTV said, "Loans backed by airtime business currently expanded to 1 million ringgit but this business is expected to expand to 100 million ringgit per day in upcoming year."

KUALA LUMPUR: Alkhair International Islamic Bank Malaysia is seeking central bank approval to start talks to acquire a Malaysian bank, its chief executive said on Thursday.

KUALA LUMPUR: Banks from Japan to Bahrain plan to set up offices in Malaysia to take advantage of the growth in Islamic finance assets in the world's biggest sukuk market.

KUALA LUMPUR: Malaysia's KLCC Property Holdings Bhd said on Thursday that 2 of its units will issue an 880 million ringgit ($285.9 million) Islamic medium-term notes programme.

KUALA LUMPUR: The Malaysian government investment arm Khazanah Nasional is planning to issue renminbi-denominated sukuk, making it the first-ever Islamic financing in Hong Kong's booming Dim Sum market, according to IFR.