shariah

Last week the firm launched two new app-based products, iCash and iTradeSyariah, which offer Singapore and Indonesia-based investors access to Shariah-compliant stocks.

As the South Asian economy looks to eliminate interest from its banking system, Fitch Ratings' global head of Islamic finance, Bashar Al Natoor, examines what this could mean for the country’s Islamic finance sector.

Shariah-compliant fintech companies are popping up in Indonesia at a healthy clip. Given the relative underperformance of their traditional bricks and mortar siblings, many startups are confident they can capture huge market share. ALAMI is just one good example.

Islamic Bank of Asia hires Harish Parameswar as head of investment banking and Saleh Al Nashwan as chief representative for its Bahrain representative office.