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December 01, 2008
Islamic Financing Facility For Aluminum Smelter Plant
Smart Investor Malaysia Edition
RHB Islamic Berhad of RHB Banking group has structured and arranged a Syndicatde Islamic Term Financing facility of up to RM355 Million for Press Metal Sarawak Sdn Bhd (PMS), a subsidiary of Press Metal Berhad (PMB).
 
 
December 01, 2008
Islamic hedge funds the way forward?
The Edge Malaysia
As the world reels from the huge amount of wealth wiped out in the capital markets due to the current financial crisis, Islamic hedge funds, the latest buzz word in Islamic finance circles, could provide an alternative way forward for investors.
 
 
December 01, 2008
Perbankan Islam yakin lebih kukuh
Berita Harian
Sistem kewangan dan perbankan Islam berada pada kedudukan terbaik untuk meningkatkan kekukuhannya berbanding perbankan konvensional ketika persekitaran ekonomi global dilanda kemelesetan.
 
 
November 28, 2008
AFB's US$500 Million Fund for Real Estate.
Islamic Finance News
Asian Finance Bank (AFB) plans to have a US$500 million fund for South Asian real estate projects as the current financial crisis creates more opportunities, said Mohd Zamri Shariff, its vice president for asset management.
 
 
November 27, 2008
More banks have begun reducing rates
Daily Express
Public Bank Bhd and Public Islamic Bank Bhd will reduce the Base Lending Rate (BLR) and Base Financing Rate (BFR) by 25 basis points from 6.75 percent to 6.5 percent with effect from Dec 1.
 
 
November 27, 2008
MEPS in talks with Islamic foreign banks
Business Times
MALAYSIAN Electronic Payment System (1997) Sdn Bhd (MEPS) is in talks with three Islamic foreign banks in Malaysia to further expand its interbank e-payment services network, group managing director Datuk Mohd Hata Robani said today.
 
 
November 27, 2008
MEPS In Talks With Foreign Banks to Offer E-payment Services
Bernama
Malaysia Electronic Payment System (1997) Sdn Bhd (MEPS) is in talks with three Islamic foreign banks in Malaysia to further expand its interbank e-payment services network, group managing director Datuk Mohd Hata Robani said Thursday.
 
 
November 27, 2008
Public Bank, AFB reduce rates
Financial Daily
Public Bank Bhd has followed suit in lowering its base lending rate (BLR) and base financing rate (BFR) by 25 basis points (bps) from 6.75% to 6.5% with effect from Dec 1, 2008.
 
 
November 27, 2008
More banks cut lending, financing rates
New Straits Times
More banks announced a cut in their lending and financing rates yesterday, following Bank Negara Malaysia's downward revision of the Overnight Policy Rate(OPR) on Monday.
 
 
November 27, 2008
More lenders cut BLR, BFR rates
The Malaysian Reserve
Malaysia's third largest lender Public Bank Bhd and its Islamic arm joined the bandwagon in cutting the base lending rate (BLR) and base financing rate (BFR) by 25 basis points from 6.75% to 6.5% effective on Dec 1, 2008.
 
 
November 26, 2008
More Banks Cut Interest Rates
Bernama
Public Bank Bhd and Public Islamic Bank Bhd will reduce the Base Lending Rate (BLR) and Base Financing Rate (BFR) by 25 basis points from 6.75 percent to 6.5 percent with effect from Dec 1.
 
 
November 22, 2008
RPT-TAKE A LOOK-MIPIM Asia property conference 
REUTERS INDIA
Asia property executives gathered in Hong Kong this week at the MIPIM Asia exhibition and conference as the global economic crisis starts to take its toll on property markets around the region. Fund managers are keen to snap up bargains, while developers are struggling.
 
 
November 22, 2008
Lender plans to invest $500m fund in real estate 
Gulf Daily
HONG KONG: Asian Finance Bank, one of three foreign Islamic lenders in Malaysia, plans to invest a $500 million fund in real estate projects in South Asia as the global financial crisis creates more buying opportunities, its vice president for asset management said.
 
 
November 22, 2008
AFB enters first GLC deals  
MIF Monthly
Asian Finance Bank (AFB) and TNB Engineering Corporation (TNEC) sign a contract financing line worth AED87.5 million (US$ 24 million)
 
 
November 22, 2008
Malaysia to further open syariah banking system 
Brunei Times
MALAYSIA will further open up its Islamic finance sector to foreign investors, the central bank chief said yesterday, as it faces increasing competition to retain its position as the leader in the global syariah bond market.
 
 
November 22, 2008
Asian Finance Bank eyes SE Asia property 
Business Times
HONG KONG: Asian Finance Bank, one of three foreign Islamic lenders in Malaysia, plans to invest a $500 million fund in real estate projects in South Asia as the global financial crisis creates more buying opportunities, its vice president for asset management said.
 
 
November 22, 2008
Asian Finance Bank fund eyes Southeast Asia property 
Daily Times
HONG KONG: Asian Finance Bank, one of three foreign Islamic lenders in Malaysia, plans to invest a $500 million fund in real estate projects in South Asia as the global financial crisis creates more buying opportunities, its vice president for asset management said.
 
 
November 22, 2008
Lender plans to invest $500m fund in real estate 
Daily News
HONG KONG: Asian Finance Bank, one of three foreign Islamic lenders in Malaysia, plans to invest a $500 million fund in real estate projects in South Asia as the global financial crisis creates more buying opportunities, its vice president for asset management said.
 
 
November 21, 2008
INTERVIEW : Asian Fin Bank eyes SE Asia property 
INQUIRER.net
Asian Finance Bank, one of three foreign Islamic lenders in Malaysia, plans to invest a $500 million fund in real estate projects in South Asia as the global financial crisis creates more buying opportunities, its vice president for asset management said.
 
 
November 21, 2008
Malaysia to futher open syariah banking system 
The Brunei Times
MALAYSIA will futher open up its Islamic finance sector to foreign investor, the central bank chief said yesterday, as it faces increasing competition to retain its position as the leader in the global syariah bond market.
 
 
November 3, 2008
RHB Islamic confident of 20% loans growth in FY08 
The EDGE Daily
RHB Islamic Bank Bhd is confident of achieving its 20% loans growth target for the financial year ending Dec 31, 2008, despite softening economic conditions, its managing director, Jamelah Jamaludin said.
 
 
November 3, 2008
Malaysia RHB Islamic Bank switches focus to retail amid slowdown 
Macro*World Investor
RHB Islamic Bank Bhd, the sharia arm of Malaysias fourth-largest lender RHB plans to make more consumer loans next year as a looming global slowdown threatens corporate lending growth, a company executive said on Thursday.
 
 
November 3, 2008
RHB Islamic atur dana PMS 
Berita Harian Online
RHB Islamic Bank Bhd dilantik sebagai pengatur utama kemudahan pembiayaan bersindeket berlandaskan Syariah bernilai sehingga RM355 juta bagi Press Metal Sarawak Sdn Bhd (PMS) yang juga anak syarikat Press Metal Sdn Bhd.
 
 
October 31, 2008
Islamic Finance Forum Question 
Islamic Finance news
With the current reluctance to raise capital in the western markets,especially in the US,what can be done,by practitioners,government bodies,or both , to tempt the tapping of Islamic financing?
 
 
October 31, 2008
AFB plans aviation,property funds 
Islamic Finance news
Asian Finance Bank (AFB) is to setup a Gulf Aviation fund.
 
 
October 31, 2008
Banks seal US$100 million deal with Press Metal 
Islamic Finance news
RHB Islamic Bank,Kuwait Finance house,Asian Finance Bank,Al Rahji Bank and Bank Kerjasama Malaysia have sealed a deal with Press Metal to provide up to RM355 million (101 million) financing for a smelter project in the east Malaysian state of Sarawak.
 
 
October 24, 2008
Malaysia sharia bank launchs fund , sees opportunity
Sharewatch
Malaysian Islamic lender Asian Finance Bank launched a 1 billion ringgit ($282.2 million) Islamic find on Thursday, saying the global downturn presented an opportunity for investors to buy assets on the cheap.
 
 
October 24, 2008
Take advantage of undervalued firms: AFB
NSTBT
ASIAN Finance Bank (AFB), one of three foreign Islamic lenders in Malaysia, said now is a good time for investors to park their money in Asean's undervalued companies.
 
 
October 24, 2008
Good time to invest in Asean undervalued firms
Business Times Online
ASIAN Finance Bank (AFB), one of three foreign Islamic lenders in Malaysia, said now is a good time for investors to park their money in Asean's undervalued companies.
 
 
October 24, 2008
Corston-Smith, Hermes EOS launch two new funds
The Star Online
Asean-based Corston-Smith Asset Management and Britain's Hermes Equity Ownership Services Ltd (Hermes EOS) have teamed up to launch two new funds that provide a minimum absolute return via responsible shareholder activism.
 
 
October 24, 2008
Asian finance to distribute Islamic fund
Yahoo Finance
Asian Finance Bank said on Thursday that it would distribute a 1 billion Malaysian ringgit($282.2 million) fund to invest in companies in the ASEAN region.
 
 
October 24, 2008
Islamic Banks not severly affected by world financial turmoils:banker
Calibre
Turmoils on the globals conventional financial market have not badly affected Islamic banks in Malaysia and worldwide,a banker said here on Thursday.
 
 
October 24, 2008
Islamic Banks Not Badly Hit By Global Financial Crisis
Bernama
The meltdown in the conventional financial market have not hit the islamic Banks in Malaysia and globally severly, Asian Finance Bank (AFB) cheif executive officer, Datuk Mohamed Azahari Kamil said.
 
 
October 24, 2008
Hermes, Corston-Smith launch world's first corp governance funds
EdgeFD
The world's first syariah-compliant corporate governance fund is eyeing to raise RM1 billion from the Gulf Cooperation Council (GCC) markets to invest in the equities market of five Asean countries .
 
 
October 24, 2008
Corston-Smith, Hermes EOS launch two new funds .
StarBiz
Asean-based Corston-Smith Asset Management and Britain's Hermes Equity Ownership Service Ltd (Hermes EOS) have teamed up to launch two new funds that provide a minimum absolute return via responsible shareholder activism .
 
 
October 24, 2008
Hermes, Corston-Smith to raise RM2.4b for 2 funds
Malaysian Reserve
UK-BASED Hermes Equity Ownership Service Ltd (Hermes EOS) Asean-based Corston-Smith Asset Management Sdn Bhd aim to raise Rm2.4 billion for two regional funds that focus on good corporate governance over the next two years .
 
 
October 24, 2008
Asean corporate governance funds target solid companies
NSTBizHeader
Asean corporate governance funds target solid companies.
 
 
October 23, 2008
Banker: Islamic banks not severely affected by world financial turmoils
Sina
Turmoils on the global conventional financial market have not badly affected Islamic banks in Malaysia and worldwide, a banker said here on Thursday .
 
 
October 23, 2008
Asian Finance to distribute Islamic fund
Sharewatch
Asian Finance Bank said on Thursday that it would distribute a 1 billion Malaysian ringgit ($282.2 million) fund to invest in companies in the ASEAN region .
 
 
October 23, 2008
Islamic Finance News Portal-Bringing you the latest updates in global Shariah finance
IslamicFinance
Malaysian Islamic lender Asian Finance Bank launched a 1 billion ringgit ($282.2 million) Islamic fund on thursday, saying the global downturn presented an opportunity for investors to buy assets on the cheap .
 
 
October 23, 2008
Malaysia sharia bank launches fund, sees opportunity
Reuters
Malaysian Islamic lender Asian Finance Bank launched a 1 billion ringgit ($282.2 million) Islamic fund on thursday, saying the global downturn presented an opportunity for investors to buy assets on the cheap .
 
 
October 23, 2008
AFB to set up regional funds worth RM850m
Malaysian Reserve
Asian Finance Bank (AFB) which recently set up an asset management unit, expects to ink deal to establish a regional Islamic equity fund and a bio-technology fund totaling up to RM850 million soon .
 
 
October 20, 2008
SEB's RM19.2b energy fund may be downsized
Malaysian Reserve
SARAWAK Energy Bhd's (SEB) proposed energy fund, meant for RM19.2 billion worth of projects, may be downsized and raised in other currencies than the US dollar given the current economic situation, said Asian Finance Bank Bhd's (AFB) top offical .
 
 
October 20, 2008
Credit facility for expansion still available
The Star
Financial institutions in Malaysia are still willing to offer credit facilities to finance shipping companies' expansion despite the global economic crisis.
 
 
October 17, 2008
AFB enters fi rst GLC deal, more to follow
IslamicFinanceNews
MALAYSIA: Asian Finance Bank (AFB) andTNB Engineering Corporation (TNEC) havesigned a contract fi nancing line worth AED87.5 million (US$24 million). The facility is to part fi nance the 20-month AED155 million (US$42 million) contract awarded by Manazel Real Estate to Abraj Cooling — a joint venture between TNEC and Al-Samah Elect A/C & Refrig — for a district cooling system plant and an energy transfer station for the Building Materials City in Abu Dhabi.
 
 
October 15, 2008
Keuangan Syariah Bisa Jadi Alternatif
Republika newspaper
Jakarta-Chief Executive Officer (CEO) Asian Finance Bank Bhd Malaysia, Mohamed Azahari Kamil menilai krisis ekonomi global yang terjadi saat ini disebabkan oleh system keuangan konvensional. Hal itu akibat bermainnya spekulasi.
 
 
October 15, 2008
Keuangan Syariah Bisa Jadi Alternatif
Republika newspaper
Jakarta-Chief Executive Officer (CEO) Asian Finance Bank Bhd Malaysia, Mohamed Azahari Kamil menilai krisis ekonomi global yang terjadi saat ini disebabkan oleh system keuangan konvensional. Hal itu akibat bermainnya spekulasi.
 
 
October 15, 2008
Melaju Saat yang Lain Terpuruk
Republika Online - Indonesia
Krisis keuangan global yang terjadi menyebabkan investor dilanda kepanikan dan membuat mereka berlomba melepas saham. Akibatnya, harga saham di dunia anjlok, termasuk di Indonesia.
 
 
October 15, 2008
Opportunities in cross border business in Islamic banking
The Malaysian Reserve
Local Islamic banks urged to be more proactive in tapping Middle East potential. There is a huge opportunity waiting to be tapped in cross border business in Islamic banking and finance, a local Islamic banker said.
 
 
October 14 2008
Asian Finance Bank To Finance TNB Engineering Corporation For Project In UAE
AME Info
A contarct financing line for Dhs87.5m was today signed between Asian Finance Bank Berhad (AFB) and TNB Engineering Corporation Sdn Bhd ( TNEC) to part finance the working capital requirements of TNEC of the project in UAE .
 
 
October 13, 2008
Melaju Saat yang Lain Terpuruk
Republika newspaper
Krisis keuangan global yang terjadi menyebabkan investor dilanda kepanikan dan membuat mereka berlomba melepas saham. Akibatnya, harga saham di dunia anjlok, termasuk di Indonesia.
 
 
October 13, 2008
Melaju Saat yang Lain Terpuruk
Republika newspaper
Krisis keuangan global yang terjadi menyebabkan investor dilanda kepanikan dan membuat mereka berlomba melepas saham. Akibatnya, harga saham di dunia anjlok, termasuk di Indonesia.
 
 
October 13 2008
Lower coal price makes TNB attractive, say analysts
The Malaysian Reserve
Analysts see a potential earnings upside in Tenaga Nasional Bhd (TNB) following the decline in coal prices alongside general commodity prices on concerns of a slowdown in global economic growth .
 
 
October 13 2008
Infrastructure the key to success
Islamic Banking & Finance
Since Malaysian put in place the Islamic Banking Act a quarter of a century ago, the country's Islamic banking and finance has been propelled to centre stage, while conventional banking and finance players have been given an opportunity to tap a new avenue of growth .
 
 
October 13 2008
Asian Finance Bank To Finance TNB Engineering Corporation For Project In UAE
ZAWYA
A contarct financing line for AED87.5million (RM85.2 million) was today signed between Asian Finance Bank Berhad (AFB) and TNB Engineering Corporation Sdn Bhd ( TNEC) to part finance the working capital requirements of TNEC of the project in UAE .
 
 
October 13 2008
TNB : RM2.8b profit possible
NSTBT
Tenaga Nasional Bhd (TNB) may still meet analysts' net profit forecast of around RM2.8 billion in the fiscal year just ended, despite a more difficult environment, its top offical said.
 
 
October 13 2008
Asian Finance Bank identifies GCC companies to invest in M'sia
The Edge Financial Daily
Asian Finance Bank Bhd has identified companies from Gulf Coorporation Council ( GCC ) countries interested in investing in Malaysia, its chief executive Datuk Mohamed Azahari Kamil said .
 
 
October 11, 2008
AFB Biayai Sindikasi Helikopter
Republika newspaper
Asian Finance Bank (AFB) berencana ikut dalam sindikasi pembiayaan pembelian tiga buah helikopter bagi Indonesia Air Transport tahun ini. Rencananya, bank syariah itu akan membiayai pembelian salah satu helipkopter senilai 10 juta dollar AS.
 
 
October 11, 2008
TNB Minat Peluas Operasi Di Asia Barat
GlobalMediaChannel
Tenaga nasional Bhd. (TNB) berminat memperluaskan operasinya ke pasaran Asia Barat berdasarkan permintaan besar untuk bekalan elektrik di sana, kata Ketua Pegawai Eksekutifnya, Datuk Seri Che Khalib Mohamad Noh .
 
 
October 11, 2008
TNB mampu bayar pinjaman
Utusan Online
Tenaga nasional Bhd. (TNB) berkata, krisis kewangan dunia yang meruncing tidak menjejaskan pembiayaan semula pinjaman luar negara syarikat itu dalam bentuk dolar Amerika Syarikat (AS) yang kini bernilai RM22 bilion.
 
 
October 11, 2008
TNB mampu bayar pinjaman
Utusan Malaysia
Tenaga nasional Bhd. (TNB) berkata, krisis kewangan dunia yang meruncing tidak menjejaskan pembiayaan semula pinjaman luar negara syarikat itu dalam bentuk dolar Amerika Syarikat (AS) yang kini bernilai RM22 bilion.
 
 
October 11, 2008
Tenaga gets RM85m from AFB for UAE project
The Star Online
Tenaga Nasional Bhd's unit has secured RM85.2mil financing from Asian Finance Bank Bhd (AFB) to part finance its working capital for a project in the United Arab Emirates.
 
 
October 11, 2008
Weaker ringgit and high coal price will impact on TNB's earnings
The Star Online
Tenaga Nasional Bhd (TNB) has reiterated that a weaker ringgit, coupled with high coal price, will hurt its earnings in the financial year ended Aug 31 (FY08).
 
 
October 11, 2008
Weaker ringgit and high coal price will impact on TNB's earnings
Sin Chew Jit Pow
Tenaga Nasional Bhd (TNB) has reiterated that a weaker ringgit, coupled with high coal price, will hurt its earnings in the financial year ended Aug 31 (FY08).
 
 
October 11, 2008
Weaker ringgit and high coal price will impact on TNB's earnings
The Star
Tenaga Nasional Bhd (TNB) has reiterated that a weaker ringgit, coupled with high coal price, will hurt its earnings in the financial year ended Aug 31 (FY08).
 
 
October 11 2008
Malaysian's Tenaga says no fund raising required
Nan Yang
Malaysian power firm Tenaga Nasional Bhd has not yet been affected by the global financial crisis as it does not need to raise funds to repay foreign debt until 2011, a top company offical said on Monday.
 
 
October 11, 2008
Financing Deal:
New Straits Times
Tenaga Nasional chairman Tan Sri Dr Leo Moggie and director of Asian Finance Bank Fouad Hayeel witness Che Khalib and Asian Finance Bank chief executive officer Datuk Mohamed Azahari Kamil exchanging the contract to finance the cost of a district cooling system and energy transfer station in Abu Dhabi, United Arab Emirates.
 
 
October 11, 2008
TNB looking at several Middle East projects
New Straits Times
NATIONAL utility Tenaga Nasional Bhd (TNB) is looking at a few power-related projects in the Middle East, its president and chief executive officer Datuk Seri Che Khalib Mohamad Noh said.
 
 
October 11, 2008
TNB: RM2.8b profit possible
New Straits Times
TENAGA Nasional Bhd (TNB) may still meet analysts' net profit forecast of around RM2.8 billion in the fiscal year just ended, despite a more difficult environment, its top official said..
 
 
October 11, 2008
TNB: RM2.8b profit possible
China Press
TENAGA Nasional Bhd (TNB) may still meet analysts' net profit forecast of around RM2.8 billion in the fiscal year just ended, despite a more difficult environment, its top official said..
 
 
October 11, 2008
Tenaga: RM2.8b profit possible
Business Times Online
The utility, however, expects the profit to be 'a lot' lower than the previous year's RM3.6 billion because of high coal costs and a weaker ringgit.
 
 
October 11, 2008
TNB tak cadang cari dana baru
Berita Harian
TENAGA Nasional Bhd (TNB) tidak bercadang menjana dana di pasaran modal bagi membiayai keperluan operasinya untuk sekurang-kurangnya setahun akan datang.
 
 
October 11 2008
TNB to expand its operations in the Middle East market
Besonline - RTM
TNB President and Chief Executive Officer, Datuk Seri Che Khalib Mohamad Noh said Tenaga Nasional Bhd (TNB) is looking to expand its operations in the Middle East market given the large demand for electricity there.
 
 
October 10, 2008
TNB Keens To Expand Operations In Middle East
Bername.com
Tenaga Nasional Bhd (TNB) is looking to expand its operations in the Middle East market given the large demand for electricity there, said its president and chief executive officer, Datuk Seri Che Khalib Mohamad Noh.
 
 
October 10 2008
Malaysian's Tenaga says no fund raising required
Reuters 10:41:14
Malaysian power firm Tenaga Nasional Bhd has not yet been affected by the global financial crisis as it does not need to raise funds to repay foreign debt until 2011, a top company offical said on Monday.
 
 
October 10 2008
Asian Finance Bank sees opportunities in crisis
Reuters 10:31:47
Malaysian Islamic lender Asian Finance Bank expects Islamic financing to gain ground globally as conventional banks struggle to recover from the credit crisis .
 
 
October 06 2008
AFB kenal pasti syarikat jana modal perluas operasi
Berita Harian
Asian Finance Bank Bhd (AFB) sudah mengenal pasti tiga syarikat Malaysia termasuk sebuah syarikat berkaitan kerajaan (GLC) yang berhasrat menjana modal untuk meneroka peluang pengembangan operasi di Asia Barat .
 
 
September 26 2008
AFB to tie up with local, foreign Islamic banks
StarBiz
Asian Finance Bank Bhd (AFB) has ambitious expansion plans, especially in Islamic banking, despite its small capital base.
 
 
September 20 2008
Gaining foreign investors' trust
StarBiz
Foreign investor confidence, stronger economic growth and inflation are the main areas that Datuk Seri Najib Razak, as the new Finance Minister, should seriously address in the light of global uncertainly and financial crisis, according to financial services providers.
 
 
August 22 2008
Asian Finance names first Malaysian CEO
Saudi Gazette
Datuk Mohamed Azahari Kamil has been appointed Asian Finance Bhd (AFB) chief executive officer effective on Wednesday, becoming the first Malaysian to helm a foreign Islamic bank in Malaysia.
 
 
August 11 2008
Investor Timteng Lebih Baik Bidik Bank Beraset Menengah' Baru dua bank asal Timur Tengah yang serius kembangkan bank syariah di Indonesia.
Republika Koran
Bank Indonesia (BI) mendorong investor Timur Tengah untuk membidik bank umum konvensional beraset menengah ke atas untuk dijadikan target konversi menjadi bank umum syariah (BUS).
 
 
August 25 2008
Asian Finance Bank revs its engines
The Edge Financial Daily
Asian Finance Bank (AFB) may be a new kid on the block in the banking industry, but it is revving its engines towards becoming a full-suite Islamic iinvestment bank within the next two years.
 
 
August 2008
Azahari poised to helm Asian Finance Bank
The Malaysian Reserve
The fully-fledged Islamic bank has submitted Azahari's name to BNM for approval
 
 
August 21 2008
ASIAN FINANCE BANK - MALAYSIA
IFN
Asian Finance Bank (AFB) has received Bank Negara Malaysia’s approval for the appointment of Mohamed Azahari Kamil as its CEO, effective the 20th August, following the resignation of Faisal Alshowaikh recently.
 
 

August 21 2008
Datuk Mohamed Azahari Kamil, first Malaysian to helm a foreign Islamic Bank in Malaysia
Association of Islamic Banking Institutions Malaysia                                                                                                                                               Asian Finance Bank Berhad has received the official approval from Central Bank of Malaysia for the appointment of Datuk Mohamed Azahari Kamil, as its Chief Executive Officer, effective 20th of August 2008. This marks a new milestone in the history of banking in Malaysia as he is the first Malaysian/Bumiputera to have been given the trust and confidence to helm a foreign Islamic Bank.

 
 

August 21 2008
Azahari cipta sejarah terajui AFB
Utusan Online                                                                                                                                                                                                              Asian Finance Bhd. (AFB) telah mendapat lampu hijau daripada Bank Negara Malaysia untuk melantik Datuk Mohamed Azahari Kamil sebagai Ketua Pegawai Eksekutif barunya. 

 
 
August 21 2008
AFB names Azahari first Malaysian CEO
The Star
Datuk Mohamed Azahari Kamil has been appointed Asian Finance Bhd (AFB) chief executive officer effective yesterday, becoming the first Malaysian to helm a foreign Islamic bank in Malaysia.
 
 
August 21 2008
Azahari appointed to helm Asian Finance Bank
News Straits Times - Business
ASIAN Finance Bank Bhd has received Bank Negara Malaysia’s approval for the appointment of Datuk Mohamed Azahari Kamil as its chief executive officer, effective yesterday.
 
 

August 21 2008
First Malaysian to helm a foreign Islamic bank in M’sia
The Edge Financial Daily
Asian Finance Bank Bhd (AFB) has received Bank Negara Malaysia’s approval to appoint former Amanahraya Investment Bank Ltd Labuan managing director and chief executive officer Datuk Mohamed Azahari Kamil as its CEO with effect from yesterday.

 
 

August 21 2008
Azahari joins Asian Finance
The Malaysian Reserve
FULL-FLEDGED Islamic lender Asian Finance Bank Rhd has appointed Datuk Mohamed Azahari Kamil as its first local CEO effective yesterday.

 
 

August 21 2008
Asian Finance Bhd names Azahari first Malaysian CEO
The Star
Datuk Mohamed Azahari Kamil has been appointed Asian Finance Bhd (AFB) chief executive officer effective yesterday, becoming the first Malaysian to helm a foreign Islamic bank in Malaysia.

 
 

August 21 2008
Malaysian appointed to helm Asian Finance Bank
Business Times Online
ASIAN Finance Bank Bhd has received Bank Negara Malaysia’s approval for the appointment of Datuk Mohamed Azahari Kamil as its chief executive officer, effective yesterday.

 
 
June 27, 2008
Dana Syariah Malaysia untuk Pembiayaan Kapal
Sinar Harapan
Asian Finance Bank Bhd (AFB) dan AmanahRaya Investment Bank Ltd Labuan (ARIB) meluncurkan Dana Islam Safeena, lembaga permodalan syariah khusus investasi pengadaan kapal minyak dan gas.
 
 
June 25 2008
Country’s first Islamic shipping fund unveiled
The Star
Asian Finance Bank Bhd (AFB) and AmanahRaya Investment Bank Ltd. Labuan (ARIBL) has launched the first syariah-compliant shipping fund in Malaysia worth RM1bil.
 
 
June 25 2008
Amanah Raya launches RM1b shipping fund
The Malaysian Reserve
Amanah Raya Bhd’s unit Amanah Raya Investment Bank Ltd, Labuan, aims to raise US$300 million (RM976.31 million) for its newly-launched Safeena Islamic Fund by the first quarter of next year.
 
 
June 25 2008
RM1b Islamic shipping fund
News Straits Times
Initiative by AmanahRaya Investment Bank and Asian Finance Bank to tap booming oil industry
 
 
June 24 2008
RM1 Bln Fund Launched To Take Advantage Of Global Shipping And Offshore Sector
Bernama.com
Asian Finance Bank Bhd(AFB) and AmanahRaya Investment Bank Ltd, Labuan (ARIB), today launched the RM1 billion (US$300 million) Safeena Islamic Fund with the aim of participating in the robust global shipping and offshore sectors.
 
 
May 26 2008
‘QIB’s international strategy is unproven, could prove risky
The Malaysian Reserve
QATAR Islamic Bank’s (QIB) international strategy is aggressive and unproven, says Fitch Ratings.
 
 
May 23 2008
Qatar Islamic Bank Plans $300 Million Shipping Fund in Malaysia
News Straits Times
Qatar Islamic Bank SAQ, the Gulf state's biggest Shariah-compliant lender, plans to set up a $300 million shipping fund in Malaysia through its Asian Finance Bank unit in the next two months to tap growth in the region.
 
 
May 19 2008
Qatar Islamic Bank to set up Kazak unit
TradeArabia.com
Qatar Islamic Bank said on Monday it had agreed to set up a new unit in Kazakhstan as part of plans to expand outside its home market.
 
 
May 10 2008
Asian Finance Bank to tap Islamic property fund mart
Business Times
Asian Finance bank, one of three foreign Islamic lenders in Malaysia, plans to set up to US$500 million (RM1.6 billion) in 2009 to tap what it considers an undervalued market.
 
 
Mar 13 2008
IAT Peroleh Dana Sindikasi Syariah 30 Juta Dolar AS
Koran
PT Indonesia Air Transport (IAT) memperoleh dana sindikasi pembiayaan syariah senilai 30 juta dolar AS. Sindikasi pembiayaan itu beranggotakan enam lembaga keuangan syariah lokal dan luar negeri.
 
 
Mar 13 2008
Pembiayaan Helikopter
Republika
Sindikasi enam lembaga keuangan melakukan penandatanganan kerja sama membiayai pembelian tiga unit helikopter untuk PT Indonesia Air Transport di Jakarta.
 
 
Mar 13 2008
Dikaji, Penerbitan Islam Treasury Bill
Republika
Departemen Keuangan (Depkeu) tengah mangkaji penerbitan instrumen obligasi syariah jangka pendek yang dikenal dengan Islamic Treasury Bill (ITB).
 
 
Mar 7 2008
Asian Finance Bank opens second full-service branch
The Star
Asian Finance Bank Bhd (AFB), a full-fledged Islamic bank that commenced operations in Malaysia last January, has opened its second, full-service branch at Johor Port, Johor.
 
 
Mar 7 2008
Asian Finance Bank opens second branch
The Edge
Asian Finance Bank Bhd (AFBB) has opened its second full-service branch, located at Johor Port, which will focus on catering to businesses in the port and those surrounding the Pasir Gudang industrial estate.
 
 
Mar 7 2008
Asian Finance Bank opens branch in Johor Port
Malaysian Reserve
ASIAN Finance Bank Bhd (AFB), a full-fledged Islamic bank based in Kuala Lumpur, has opened its second branch in Johor Port in Pasir Gudang.
 
 
Mar 3 2008
Perlu SK Menkeu untuk Pajak Ganda
Republika Online
Bank Indonesia (BI) menyatakan penerbitan surat keputusan (SK) Menteri Keuangan tentang tidak berlakunya pajak ganda atas transaksi pembiayaan perbankan syariah diperlukan sambil menunggu rampungnya pembahasan RUU Perpajakan
 
 
Feb 25 2008
QIB takes Islamic banking to great heights globally
The Peninsula
The Islamic banking industry is relatively new compared to the conventional banking. Introduced 30 years ago, it was operating in a limited number of Muslim countries.
 
 
Feb 22 2008
Sengketa Bank Bisa Ditangani Dua Peradilan
Republika Online
Para praktisi perbankan tidak mempermasalahkan lembaga yang mengurusi sengketa perbankan syariah di Indonesia, bisa ditangani oleh peradilan agama tetapi boleh juga peradilan umum.
 
 
Feb 19 2008
Funding of Islamic banks
The Star Online
Like conventional banks, Islamic banks also need funds to operate its banking activities. Basically there are two main sources of funds: (a) shareholders’ working capital (b) deposits collected from customers
 
 
Feb 18 2008
Sarawak Energy sees capex rising
The Edge
Sarawak Energy Bhd is to spend more than RM30 billion on capital expenditure until 2020, according to sources. This is three times more than what was forecast by the company in July last year.
 
 
Feb 15 2008
AFB seeks foothold in Islamic finance
Star Biz
Asian Finance Bank Bhd (AFB), which is on an aggresive expansion programme, believes it is in a strong position to further penetrate the growing local Islamic finance market.
 
 
Feb 12 2008
New Managing Directors for SC
News Straits Times
The Securities Commission (SC) has appointed Datuk Dr Nik Ramlah Mahmood and Datuk Ranjit Ajit Singh as managing directors of the SC.
 
 
Feb 12 2008
Sarawak corridor draws RM500bil
StarBiz
The Sarawak Corridor of Renewable Energy (Score) got off to a great start with some RM500bil worth of private investment commited at its launch in Bintulu yesterday.
 
 
Feb 12 2008
Sarawak Energy seals RM99.8b power deals
News Straits Times
Sarawak Energy Bhd (SEB), the state electricity utility company, has entered into five memorandum of understandings (MOUs) involving an overall investment worth RM99.75 billion for the generation of electricity supply to industries under the Sarawak Corridor of Renewable Energy (Score).
 
 
Feb 6 2008
Banks plan US$6b Islamic energy fund in Sarawak
Business Times
Three Islamic banks are teaming up with Malaysian utility Sarawak Energy to set up an Islamic energy fund to finance up to US$6 billion (RM19.8 billion) in projects in Sarawak, one of the banks said yesterday.
 
 
Feb 6 2008
Sarawak Energy to set up RM19b fund
The Malaysian Reserve
Sarawak Energy Bhd is said to be setting up an Islamic energy fund to finance up to US$6 billion (RM19.37 billion) worth of electricity utility projects in Sarawak that could include replacing its current diesel-fired plants as well as adopting new alternative energy sources.
 
 
Feb 6 2008
Islamic banks plan Borneo energy fund
Yahoo! Singapore
Three Islamic banks are teaming up with Malaysian utility Sarawak Energy to set up an Islamic energy fund to finance up to $6 billion in projects in Malaysia's Sarawak state, one of the banks said on Tuesday.
 
 
Feb 5 2008
Qatar Islamic Bank gets UK banking licence
The Edge Daily
Qatar Islamic Bank (QIB), which has an Islamic banking unit in Malaysia, has been awarded a banking licence in the United Kingdom that will help it tap into the growing demand for Islamic finance in European Union's 14 million-strong Muslim market.
 
 
Feb 5 2008
Islamic banks to set up Borneo energy fund
Reuters
Three Islamic banks are teaming up with Malaysian utility Sarawak Energy to set up an Islamic energy fund to finance up to $6 billion in projects in Malaysia's Sarawak state, one of the banks said on Tuesday.
 
 
Feb 5 2008
Asian Finance Bank targets more market
The Star
Asian Finance Bank Bhd (AFB), the third full-fledged foreign Islamic bank in Malaysia, will continue its aggresive expansion plans in Asia in a bid to garner a slice of the growing Islamic banking sector in the region.
 
 
Jan 28 2008
Asian Finance, Kuwait Finance spread their wings
Malaysian Reserve
Two foreign Islamc banks, with regulator approvals to carry out fully-fledged Islamic finance operations in Malaysia, are upping the ante in their fight for a larger of the consumer financing market.
 
 
Jan 25 2008
AFB to roll out slew of banking products
The Star
Asian Finance Bank (AFB) Bhd aims to promote Islamic Banking Solutions with the launch of its first two consumer financing products -- Home Financing-i and Personal Financing-i.
 
 
Jan 25 2008
Bank Negara has given the nod for the financial institution to launch 33 products
Business Times
ASIAN Finance Bank (AFB) has launched its first two consumer financing products, namely Home Financing-i and Personal Financing-i to tap the growing demand for Islamic products.
 
 
Jan 4 2008
Target Investasi Timur Tengah US$ 5 Miliar
Koran Tempo
Pemerintah mentargetkan aliran investasi dari Timur Tengah pada 2008 mencapai US$ 5 miliar atau Rp 46,5 triliun