Bank Islam

Islamic finance looks to outgrow bad habits as it expands

After a year of landmark deals which are opening new markets for Islamic finance, the industry is under fresh pressure to address some of its shortcomings and prove that it is not just an imitation of conventional finance.

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Central Bank of Malaysia says no to sukuk issuance proposal for Bank Islam acquisition

The Central Bank of Malaysia said no to the proposal of BIMB Holdings to issue Islamic bonds to fund its purchase of Bank Islam.

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BIMB to acquire Bank Islam

BIMB announced that they set to acquire full control of Bank Islam for US$884 million.

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