Japan’s Bank of Tokyo-Mitsubishi UFJ (BTMU) has launched its Islamic finance business in Dubai, to focus on sharia-compliant loan syndications with later plans to offer project financing… http://www.reuters.com/article/2015/10/29/bank-of-tm-ufj-emirates-islam-finance-idUSL8N12S06820151029
Speaking at the World Islamic Economic Forum Roundtable, an event co-hosted by the Alliance Forum Foundation and the World Islamic Economic Forum, Datuk Seri Najib Razak, the Prime Minister of Malaysia, urged Japan to engage in activities related to Islamic finance in partnership with Malaysia. He opined that the combination of Japan’s industrial technology and Malaysia’s finance expertise would give […]
The Islamization of the financial world is taking hold in Japan. Bank of Tokyo-Mitsubishi UFJ is planning a debut sukuk in Malaysia. The bank is also considering offering the world’s first yen-denominated sukuk. While Japan has no Islamic banking rules of its own, the government amended legislation in 2008 to allow subsidiaries of the country’s lenders […]
Japanese Banking Giant to Enter World of Shariah
Sumitomo Mitsui Banking Corp. (SMBC) will fully launch Shariah-compliant finance operations in Malaysia. The banking unit of SMBC has obtained a license for foreign currency-based Shariah-compliant finance services in the Malaysia, which promotes Shariah finance under a national policy. http://the-japan-news.com/news/article/0001106147
We have good news and bad news. The good news is that the link below takes you to a good report that explains Sukuk, aka Islamic bonds. The bad news? The report was produced in Japan and it is clear that the Japanese have no problem complying with Shariah to get access to petrodollars…which is […]
Typical Propaganda on Islamic Bonds from Saudi State-Controlled Media
The article linked below has to be taken with a large grain of salt since it comes from the Saudi Gazette. There is nothing even resembling a free, independent press in Saudi Arabia and the Saudi royals have a huge vested interest in promoting Shariah-Compliant Finance both in the kingdom and globally. Not surprisingly, this […]
Japan’s Nomura to Issue $100 Million Sukuk
Nomura Holdings Inc has appointed Kuwait Finance House (Malaysia) Berhad (KFHMB) as the mandated lead arranger (MLA) for the proposed issuance of a two-year Sukuk (Islamic bond) of US$100 million. This issuance marks the first United States dollar-denominated sukuk for a Japanese multinational corporation issued out of Malaysia. Takumi Shibata, Deputy President and Chief Operating […]
Moody’s: Sukuk To Spread to Japan, Korea and Thailand
The potential emergence of sukuk issuances from such new jurisdictions, including new markets in Asia, notably Japan, Korea and Thailand and Europe, most likely the UK, would be a key driver of increased global issuance… http://www.gulf-daily-news.com/NewsDetails.aspx?storyid=275582
The Central Bank of Bahrain has announced the publication and distribution of a Japanese version of its Islamic Banking & Finance in the Kingdom of Bahrain. It was initially published in 2002 and used as a reference for many influential bankers, investors and professors interested in the field of Islamic finance. A total of 6,000 […]
Nomura, Japan’s largest brokerage house, looks to Shariah
Nomura Holdings Inc., Japan’s largest brokerage, plans to step up efforts to tap demand for investing in Shariah-Compliant products, first in Malaysia and then into the Middle East… http://www.kuna.net.kw/NewsAgenciesPublicSite/ArticleDetails.aspx?id=2020782&Language=en
Go to this link to read the article…………….. http://www.zawya.com/story.cfm/sidKUN0022081216084522
Japan’s sharia interest slowly growswww.forextradinghg.com The Japanese government is adapting its banking regulations and markets to fit with the rules of the Shari`ah-compliant lucrative industry of Islamic finance. 07 Ekim 2008 Salı 14:40 Japan’s Financial Services Agency says it recognises the need for its financial institutions to become competitive in the area and there are […]
1st Nokia Music Store in the Middle East to open Posted: 28-09-2008 , 12:59 GMT Nokia, the worldwide leader in mobility, announced today that the first Nokia Music Store in the Middle East will be opening its virtual doors in the United Arab Emirates in December 2008. The new online music store (to be […]
With one triumphant deal, Nomura tells the world: Japan is back Despite the seemingly momentous upheaval of the past few weeks, Takumi Shibata, the Anglophile chief operating officer of Nomura Holdings, says that the world has not changed. However, he declares that ‘Japan is back’ Leo Lewis, Asia Business Correspondent Takumi Shibata’s speed in […]
Islamic finance: Japanomics — Turkeynomics? With a population of 60,000 Muslims and close to 127.5 million Shinto and Budhist adherents, Japan hardly can be described as a Muslim country. With the complete lack of domestic market, access to Islamic finance therefore is a business opportunity only and it would be shunned if it would […]
http://www.forextradinghq.com/files/japanese-yen-high.jpg Today, Japanese economic and business leaders from Japan and across the Middle East will meet at the Japan Cooperation Forum for the Middle East in Dubai. This two-day event, organised by the Japan Cooperation Center for the Middle East (JCCME) and held at the InterContinental Dubai Festival City, aims to develop and enhance […]
http://tinyurl.com/6y5evy http://archive.gulfnews.com/articles/08/08/04/10234199.html 08/03/2008 11:35 PM | Reuters Kuwait City: Kuwait Investment Authority (KIA), the Gulf state’s sovereign wealth fund, plans to as much as triple investments in Japan to $48 billion, state news agency KUNA quoted the finance minister as saying on Sunday. Kuwait invests about $15 billion to $16 billion in Japan, KUNA reported […]
Japan Should Take Steps to Attract Sovereign Funds, Panel Says Written on July 7, 2008 Japan should adopt measures aimed at attracting more of the almost $3 trillion managed by sovereign wealth funds, a trade ministry report said. The nation must welcome state funds that “have no political purposes and invest for the long term,” […]
ALGIERS/TOYAKO – OPEC president Chakib Khelil warned Sunday that oil prices will continue to rise because of the falling dollar, in an interview in the Algeria-News. “The price of oil will rise again in the coming weeks. We have to follow the evolution of the dollar, because a one percent fall in the dollar means […]
By Will McSheehy June 29 (Bloomberg) — Dubai Holding Commercial Operations Group LLC, the investment company owned by Dubai’s ruling sheikh, started marketing 10 billion yen ($94 million) of floating-rate bonds in its first sale in the Japanese currency. Dubai Holding Commercial hired JPMorgan Chase & Co. to help it sell five-year notes that […]
By Lindsay Whipp in Tokyo http://www.ft.com/cms/s/0/0f2cc54e-3970-11dd-90d7-0000779fd2ac.html Published: June 15 2008 21:24 | Last updated: June 15 2008 21:24 Islamic financing is the buzzword in many financial centres these days. In Asia, both Singapore and Hong Kong are making moves to become financial centres alongside Malaysia (by far the biggest), competing to attract petrodollars. So […]
Japan Bank Delays First Islamic Bond Sale on Market, Structure By Will McSheehy May 27 (Bloomberg) — Japan Bank for International Cooperation, the government’s main overseas lender, is delaying its first sale of Islamic bonds while it reviews the planned structure and waits for credit market conditions to improve. “We want to issue at […]
http://www.yanabi.com/forum/messageview.cfm?catid=18&threadid=42351 Tokyo, May 24: A leading Japanese publisher suspended on Thursday, May 22, the DVDs shipments of its popular animation series for containing an offensive imagery of the Qur’an and apologized to Muslims for depicting their holy book in an inappropriate way.”We sincerely apologize to Muslim people for causing […]
Toyota to issue Islamic bonds in Malaysia – report Sunday, May 11, 2008; Posted: 06:21 PM http://www.tradingmarkets.com/print.site/news/Stock%20News/1535639/ TOKYO, May 12, 2008 (Thomson Financial via COMTEX) — TM | news | PowerRating | PR Charts — Japan’s largest automaker, Toyota Motor Corp., will issue up to 1 billion ringgit, or some 32 billion yen ( […]
Japan banks now focusing on Islamic funds http://www.thepeninsulaqatar.com/Display_news.asp?section=Business_News&subsection=Local+Business&month=March2008&file=Business_News2008031264426.xml Web posted at: 3/12/2008 6:44:26 Source ::: The Peninsula doha • From a simple oil sellers and buyers trade relationship, Japan has adopted a more sophisticated approach towards the Gulf based on a two-way traffic of capital flow, according to Japan’s Energy and Natural Resources Finance Department […]
Dubai International Capital plans more Mideast deals By Mirna Sleiman March 3, 2008 DUBAI (Zawya Dow Jones) — Dubai International Capital, a Dubai-government controlled investment company that owns a stake in HSBC Holdings Plc, plans more Mideast deals in an effort to capitalize on the region’s booming economies, a top executive said. “DIC has close […]
Saturday, February 23, 2008 Public, Private Experts Give Insight Into Islamic Finance Government officials and private-sector leaders from home and abroad shared their views on the current state of Islamic finance at the Nikkei Islamic Finance Symposium in Tokyo Saturday.Zeti Akhtar Aziz, governor of Bank Negara Malaysia, gave a keynote speech on “The Evolution […]
DIC to invest $5 Billion in India, China and Japan
body { background: #FFF; } Print | Close this window Dubai Intl to invest $5 billion in India, China & Japan Tue Feb 19, 2008 5:03am EST Nathan Layne TOKYO (Reuters) – Dubai International Capital, an investment fund owned by the ruler of Dubai, said it planned to invest about $5 billion in China, […]
List of Major Banks dealing with Shariah Finance-tools for research
Here is a list of banks that are expanding the Islamic Shariah industry worldwide. Also, a link to the major periodicals that discuss Shariah Finance. In order to combat this rising influence on our banking industry, you must learn and understand what it is. This type of banking is a screen to infiltrate into a […]
Japan to Raise First Soverign Islamic Bond in Malaysia Next Month
–> Business January 15, 2008 20:19 PM Japan To Raise First Sovereign Islamic Bond In Malaysia Next Month By Tham Choy Lin HONG KONG, Jan 15 (Bernama) — Japan will issue its first sovereign Islamic bond or sukuk, of between US$300 million and US$500 million, in Malaysia next month, a senior official of the […]
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