Erick Thohir Unveils Merger Plan to Establish Indonesia's Largest Islamic Bank With $14.5b Assets

... the government effort to promote Islamic financing. State-Owned Enterprises Minister ... finance," he said. Islamic finance differs from conventional banking regarding how they ... Authority (OJK), said earlier that Islamic banking in Indonesia had been growing ...

BCA Closes Rabobank Acquisition, Paves Way for Its Islamic Banking Expansion

... local lender expansion in the Islamic banking business. Vera Eve Lim, a ... merge Bank Interim to its Islamic lender subsidiary, Bank BCA Syariah ... lender moving away from retail banking to focus on the wholesale ...

Jakarta Halal Things Presents World's First Muslim Supermodel Halima Aden

Jakarta. An Islamic cultural conference kicked off in ... businesses, from travel and Sharia banking to digital economy and fashions ...

Indonesia Seeks Preferential Trade Deal With 'Old Friend' Morocco

... and medicine to cosmetics and banking, and that it has huge ... two important partners in the Islamic world, especially in countering radicalism ...

The New World of Virtual Banks: Profitable Growth Will Define Success

... small- and medium-enterprise banking, mortgages and business banking. A global survey ... required. Additionally, the convergence of Islamic banking principles with the advancement of ... virtual banking could accelerate the development of the world's first Islamic ...

Indonesia's Largest Bank Eyes Fresh Fintech Acquisition

... to penetrate not only the banking, securities and insurance sectors. We ... . BRI now controls two lenders, Islamic-compliant lender Bank BRI Syariah ...

Bachtiar Nasir Flees to Saudi Arabia, Skips Questioning for Third Time

... the money, but the Shariah Banking Law stipulates that withdrawals of ... the group has links with Islamic State are apparently false. Jaysh ...

Iran's Khamenei Says the World Opposes Trump's Decisions: TV

... since the country's 1979 Islamic Revolution that toppled the US ... has been defeated by the Islamic Republic over the past 40 ... sales and banking sectors to try to force the Islamic Republic into ...

Iran: US Curbs to Have 'Severe Consequences' for Global Order

... " for the world order, the Islamic republic said on Tuesday, days ... set of sanctions on Iranian banking and energy sectors are to ... cut oil purchases from the Islamic Republic to zero. "Unfortunately a ...

Malaysia Nudges Islamic Banks Towards Sustainable Finance

... . Islamic banks have built a 30 percent share of total banking assets ... encouraging the development of green Islamic bonds, or sukuk, combining shariah ... have environmental or social benefits. Islamic lenders incorporating VBI into their ...