APIB aims to cooperate with domestic financial institutions to promote Islamic finance industry | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 86%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

KUALA LUMPUR, Aug 17 — Asia Pacific Investment Bank (APIB) aims to cooperate with domestic financial institutions to promote the internationalisation of the Islamic finance industry. APIB chief executive officer Chris Wang is confident that APIB could be the bridge that connects Malaysia and...

Monday, 17 Aug 2020 04:40 PM MYT

“Being an offshore Islamic bank with a Chinese background, we are confident of contributing to the bilateral integration of Malaysia’s and the entire Islamic world, with the participation of China’s projects and investors,” he said in a statement today. “Islamic finance does not need to be a closed system. It can be developed into an open and dynamic financial market.

Meanwhile, Islamic green financing is also an important service that could help financial institutions adjust their balance sheets and optimise their economic capital to meet the requirements of the Basel III Accord. However, Islamic finance still has room for growth compared to the global financial market as its activities have been largely confined within Islamic countries.

In June 2019, APIB obtained the approval to have its Islamic window operation and it was allowed to operate the digital finance business two months later.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 1. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين