PetGas Subsidiary Raises RM800 Million Through Sukuk Issuance

KUALA LUMPUR: Petronas Gas Bhd (PetGas), through its 65%-owned subsidiary Pengerang LNG (Two) Sdn Bhd (PLNG2),…

Takaful Emarat Strengthens Market Position with Robust FY2025 Results

Takaful Emarat – Insurance (P.S.C.), a leading Shariah-compliant provider of life and health insurance in the…

TNB Plans RM10 Billion Sukuk Programme with Up to 50-Year Tenure

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has submitted plans to the Securities Commission Malaysia for the…

PAAB Launches Malaysia’s First Sustainable Islamic Finance Framework with Blue Finance Integration

Pengurusan Aset Air Bhd (PAAB) has introduced Malaysia’s first sustainable Islamic finance framework that incorporates blue…

Experts Call for Stronger Shariah Governance in Bangladesh’s Islamic Banking Sector

Amid the rapid growth of Islamic banking in Bangladesh, experts and regulators have emphasized the need…

Bank Negara Strengthens Value-Based Intermediation to Boost Islamic Finance in 2025

KUALA LUMPUR: Bank Negara Malaysia is intensifying its focus on value-based intermediation (VBI) to further strengthen…

CIMB to Pilot New Islamic Capital Market Products with SC and Bursa Malaysia

CIMB Group has announced plans to collaborate with the Securities Commission Malaysia and Bursa Malaysia to…

ADIB Launches “Sanadna” Initiative to Support UAE Frontline Heroes

Abu Dhabi Islamic Bank (ADIB) has launched “Sanadna,” a dedicated initiative aimed at supporting frontline personnel…

Red Sea Plans SAR 100 Million Murabaha Sukuk Issuance

Red Sea International Co., Ltd. (RSI) has announced its intention to issue Saudi riyal-denominated Murabaha sukuk…

Uzbekistan Establishes Legal Framework for Islamic Finance

Uzbekistan has taken a major step toward strengthening its financial sector by approving a new law…