Islamic banking and finance

2020 UK Digital Banking Report - Levels of Comfort with Chat bot Use - ResearchAndMarkets.com

Friday, November 20, 2020 - 12:47pm

The "UK Digital Banking Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "UK Digital Banking Report" report has been added to ResearchAndMarkets.com's offering.
  • The UK Digital Banking Report, is the latest report based on the UK Digital Banking Report (UKDBC).
  • It includes insights on a diverse range of digital banking related topics such as internet and mobile banking, product research and application, data sharing and integration, payments, technology and social media, business sentiment.
  • The report also includes a thought-leading section focusing on understanding the evolution of digital for business banking.

DGAP-News: Round Table for the Financing of CEMAC Integration Projects - Paris, 16 & 17 November 2020

Friday, November 20, 2020 - 10:01am

Round Table for the Financing of CEMAC Integration Projects - Paris, 16 & 17 November 2020

Key Points: 
  • Round Table for the Financing of CEMAC Integration Projects - Paris, 16 & 17 November 2020
    The issuer is solely responsible for the content of this announcement.
  • Round Table for the Financing of CEMAC Integration Projects - Paris, 16 & 17 November 2020
    After two days spent in Paris meeting with representatives of the French Government, heads of community institutions, representatives of international institutions, donors and private investors, CEMAC (http://www.CEMAC.int/) can boast of significant economic success.
  • The IDB also made a presentation on Islamic finance (SUKUK) as an important mode of financing structuring and integrating projects.
  • To read the full version of the final press release: click here (https://bit.ly/3kMXIlk)
    For more information on the Round Table and CEMAC, visit the websites https://bit.ly/2ULfR8g and http://www.CEMAC.int/

Global Sukuk Markets, 2014-2019 & 2020-2025 - Islamic Banking Institutions are Seeking Strategic Partnerships with Foreign Institutions

Monday, September 21, 2020 - 5:30pm

A Sukuk is a financial certificate that is issued in Islamic countries for representing the share of ownership in a portfolio of existing or eligible assets.

Key Points: 
  • A Sukuk is a financial certificate that is issued in Islamic countries for representing the share of ownership in a portfolio of existing or eligible assets.
  • Islamic law prohibits the lending of money with interest payments, thereby forbidding the use of conventional bonds for financial transactions.
  • Also, various Islamic banking institutions are seeking strategic partnerships with foreign institutions to participate in trade with other countries.
  • Looking forward, the report expects the global sukuk market to continue its moderate growth during the next five years.

Global Sukuk Market Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025: Focus on Murabahah, Salam, Istisna, Ijarah, Musharakah, Mudarabah, & Hybrid Sukuk - ResearchAndMarkets.com

Tuesday, September 15, 2020 - 7:47am

The "Sukuk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Sukuk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • Islamic law prohibits the lending of money with interest payments, thereby forbidding the use of conventional bonds for financial transactions.
  • Looking forward, the report expects the global sukuk market to continue its moderate growth during the next five years.
  • Key Questions Answered in This Report:
    How has the global sukuk market performed so far and how will it perform in the coming years?

Moody’s Acquires Stake in MARC, Strengthening Presence in Key ASEAN Market

Wednesday, August 12, 2020 - 12:00am

The investment strengthens Moodys presence in Southeast Asia and across domestic bond markets globally, and advances its position as a leader in Islamic finance.

Key Points: 
  • The investment strengthens Moodys presence in Southeast Asia and across domestic bond markets globally, and advances its position as a leader in Islamic finance.
  • Based in Kuala Lumpur, MARC covers corporates and financial institutions, with key strengths in infrastructure and project finance.
  • The investment strengthens Moodys presence in Malaysia, a key market within the Association of Southeast Asian Nations (ASEAN).
  • Malaysia has the regions largest domestic corporate bond market and has established itself as a global hub for Islamic finance, with the worlds largest sukuk market.

Burden of COVID-19 on the Market & Rehabilitation Plan | Islamic Banking Software Market 2020-2024 | Distribution of Smart Cards by Banks to Boost Growth | Technavio

Tuesday, July 7, 2020 - 6:45pm

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 

Burden of COVID-19 on the Market & Rehabilitation Plan | Islamic Banking Software Market 2020-2024 | Distribution of Smart Cards by Banks to Boost Growth | Technavio

Friday, June 12, 2020 - 9:00pm

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • The distribution of smart cards by banks has been instrumental in driving the growth of the market.
  • https://www.technavio.com/report/report/Islamic-banking-software-market-...
    Islamic Banking Software Market 2020-2024: Segmentation
    Islamic Banking Software Market is segmented as below:

World Finance Names ICS Financial Systems as Best Islamic Banking & Finance Technology Provider at 2020 Islamic Finance Awards

Wednesday, May 13, 2020 - 9:30am

LONDON, May 13, 2020 /PRNewswire/ -- The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards.

Key Points: 
  • LONDON, May 13, 2020 /PRNewswire/ -- The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards.
  • One of the products that particularly caught the eye of the World Finance judges was ICS BANKS, a fully integrated banking application developed by ICSFS that enables banks to automate and streamline their services.
  • ICS BANKS comes with a bespoke Islamic service that has helped financial institutions to achieve a competitive edge by offering a comprehensive suite of Islamic banking solutions.
  • "ICS BANKS helps banks stay at the cutting-edge of technology through applications like cloud banking, APIs, open banking and blockchain," Hazboun explained .

World Finance Names ICS Financial Systems as Best Islamic Banking & Finance Technology Provider at 2020 Islamic Finance Awards

Wednesday, May 13, 2020 - 9:30am

LONDON, May 13, 2020 /PRNewswire/ -- The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards.

Key Points: 
  • LONDON, May 13, 2020 /PRNewswire/ -- The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards.
  • One of the products that particularly caught the eye of the World Finance judges was ICS BANKS, a fully integrated banking application developed by ICSFS that enables banks to automate and streamline their services.
  • ICS BANKS comes with a bespoke Islamic service that has helped financial institutions to achieve a competitive edge by offering a comprehensive suite of Islamic banking solutions.
  • "ICS BANKS helps banks stay at the cutting-edge of technology through applications like cloud banking, APIs, open banking and blockchain," Hazboun explained .

Analysis on Impact of COVID-19 - Global Islamic Banking Software Market 2020-2024 | Distribution of Smart Cards to Boost Market Growth | Technavio

Wednesday, May 13, 2020 - 3:30am

The global Islamic banking software market size is expected to grow by USD 461.83 million during 2020-2024.

Key Points: 
  • The global Islamic banking software market size is expected to grow by USD 461.83 million during 2020-2024.
  • Thus, banks are increasingly issuing smart cards instead of traditional magnetic-based debit and credit cards, due to their tamper-free nature.
  • Thus, the distribution of smart cards will drive the Islamic banking software market growth during the forecast period.
  • Thus, the growing prominence of social media is one of the key Islamic banking software market trends that will drive the growth of the market.