News Clippings  
      Articles  
      Events & Announcements  
News Clippings
 
News Clippings 2008  |  2007  |  2006  
 
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 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