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Channel Muslim Media (CMM)
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Provides ground breaking news & informative views about Islam
Provides ground breaking news & informative views about Islam

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Brunei's takaful growth pushes ahead its Islamic finance ambitions
KUALA LUMPUR: Assets held by the Islamic insurance (takaful) sector in  Brunei recently have grown significantly while those of conventional types of insurance have been declining, a report from the country's central bank showed. The monthly report from  Br...

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Meezan receives 'Best Islamic Bank in Pakistan' award
Meezan Bank has won the award of 'Best Islamic Bank in Pakistan' for 2013 from Islamic Finance News of RED money Group, Malaysia. The Bank has received this award for the 8th time. The Islamic Finance News (IFN) Awards honour the best in the Islamic financi...

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Islamic teachings key to success, says Hamza
PAKISTAN Muslim League-N central leader Hamza Shahbaz Sharif MNA has said that the success in this world and the hereafter can be achieved by following the teachings of the Holy Prophet Hazrat Mohammad (Peace Be Upon Him). He said the teachings of the Holy ...

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Malaysia boots Islamic tourism effort
Anticipating a share of Islamic tourism, a new deal has been reached between the International Islamic University of Malaysia (IIUM) and the Islamic Tourism Centre to lure more Muslim tourists to the Asian country in 2014. “We hope to increase the Islamic t...

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'Islamic Wealth Management next phase of growth for Islamic Finance' - Tun Dr Mahathir Mohamad
KUALA LUMPUR: Some two years ago, Malaysia’s former Prime Minister Tun Dr Mahathir Mohamad delivered a thought-provoking talk themed “Islamic Finance as the means for Revival of Islamic Renaissance.” He spoke at length on how managing wealth efficiently can...

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Islamic Finance ‘to top $2 trillion in 2014’
Islamic finance ‘to top $2 trillion in 2014’ Islamic finance volumes will pass through $2 trillion where Islamic banking keeps 78 per cent, sukuk 16 per cent, takaful 1 per cent, Islamic funds 4 per cent and Islamic microfinance 1 per cent share, said an in...

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Malaysia's Telecommunication Maxis eyes MYR10bil sukuk
Malaysia's Telecommunication Maxis eyes RM10bil sukuk PETALING JAYA:  Maxis Bhd  is said to be planning to issue up to RM10bil worth of Islamic bonds over the next two years to refinance the group’s current borrowings and for working capital purposes. The s...

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Islamic Finance has taken stage in 2013
The tone was set early on, in January, when Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, set out the emirate’s aim to become the hub of global Sharia-compliant business within five years. It was an ambitious plan. Dubai is alrea...

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Islamic Banking reached $1.6 trillion
ISLAMABAD: Finance Minister Ishaq Dar said on Thursday the global size of Islamic Banking had reached $1.6 trillion, hoping that the Steering Committee for the Promotion of Islamic Banking would find ways to raise the banking’s size locally and give suggest...

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Dubai Ruler Establishes Centre To Boost Islamic Economy
Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum has issued a decree to establish the Dubai Islamic Economy Development Centre, which will aid the emirate’s ambitions to become a global Islamic finance hub. According to official news agency WAM, the cent...
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