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Greetings from MIFC
The MIFC newletter brings you global developments and news in the world of Islamic finance. In this issue, we highlight on Bank Negara Malaysia's recently issued Policy Document on Shariah Governance for Islamic financial institutions. The Policy Document aims to further strengthen the effectiveness of Shariah governance implementation and reinforce a closer integration of Shariah considerations in the business and risk strategies of the Islamic financial institutions. For more information on the policy document, kindly download the infographic.

Thank you,
The MIFC Team

Policy Document on Shariah Governance
View Infographic

Malaysia overtakes UAE as Islamic economy leader on global ease of doing business ranking

Malaysia jumped three places on the World Bank’s latest ease of doing business global ranking to overtake the United Arab Emirates as Islamic economy leader.
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Islamic Finance and Halal Industry - Opportunity, Impact, Synergy

Malaysia’s infrastructure for halal business is comprehensive. Malaysia also has a mature domestic Islamic financial system that stands ready to respond to the evolving and growing needs of businesses. 
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Nine-month global sukuk issuances beat full-year projection, Malaysia leads

Malaysian credit rating agency RAM says global sukuk issuance for the first nine months of 2019 reached USD92.7 billion, beating its full-year projection of USD80 - USD90 billion.
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Islamic financial assets grow over USD2 tn globally

Global Islamic financial assets are estimated to have grown over USD2 trillion, according to the International Monetary Fund (IMF).
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Leading in a Disruptive World – Revolutionising Takaful

Three dimensions that offer significant opportunities for the transformative role of takaful includes first, takaful can be a key enabler for the Muslim economy; second, it can be a solution of choice for Malaysians; and third, it can also be a game-changer in empowering financial resilience.
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Malaysian Islamic crowdfunder to enter new markets, eyes Central Asia, Africa

The Islamic Corporation for the Development of the Private Sector (ICD) will collaborate with IAP Integrated, the developer of the Investment Account Platform (IAP), to take its fintech solutions to major Islamic markets beyond its traditional strongholds of Malaysia and the Middle East.
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Islamic fund management to drive Malaysia’s future in Islamic finance

Industry has come a long way toward becoming one of the world’s largest and leading sectors. The country’s Islamic assets under management (AuM) have been expanding steadily amid rising demand for Shariah compliant products.
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Islamic Finance Library
Islamic Finance Dashboard
Calendar of Events
Islamic Private Equity
Date: 13 - 14 November 2019
Venue: Kuala Lumpur, Malaysia

For more information please click here
Other News
  1. Etiqa may offer takaful insurance in Philippines
  2. FWD Takaful Malaysia adopts UnderwriteMe platform
  3. Indonesia issues world's first blockchain sukuk
  4. Islamic banking share grows in Oman
  5. PTI govt decides to promote Islamic banking in Pakistan
  6. Philippines Plans to Allow Banks to Set up Islamic Banking Units
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