Indonesia’s government will issue 2.364 trillion rupiah ($264.2 million) worth of sukuk in the fourth quarter of this year, a debt office official said on Tuesday.
Afghanistan seems like a country which is tailor-made for Islamic finance, but it still doesn’t have a single Islamic bank. However, moves are afoot to bring it to the country. Afghanistan has rarely been out of the news over the past nine years, as ar…
Islamic finance is toughening supervision of its powerful religious advisers as shareholders worldwide demand increasing accountability from directors, but key reforms may do little to boost independence and transparency.
Islamic banking is overhauling…
Dubai aims to cash in on strong demand for high-yielding emerging market debt with its first foray since the Dubai World restructuring was announced.
Analysts said the emirate’s dollar bond issue, weeks after its flagship conglomerate clinched a debt r…
The hub, that is, for Sharia finance — and with Sharia finance comes Sharia, which doesn’t give something good for the country’s non-Muslims. The country in a „few weeks“ will issue guidelines to allow conventional banks to open so-called Islamic wind…
Malaysia Debt Ventures Bhd, a venture capital firm owned by the Ministry of Finance, plans to issue about RM500 million of Islamic bonds in its third sukuk sale next year to fund investments, chief executive officer Md. Zubir Ansori Yahaya said in Kual…
Islamic Bank of Britain has joined forces with the Alliance of Mortgage Packagers and Distributors (AMPD) to offer the full range of its Sharia-compliant mortgages. IBB’s Home Purchase Plan (HPP) allows those consumers seeking a mortgage, home financ…
The International Real Estate Department Manager at Kuwait Finance House (KFH) Ali Al-Ghannam said that investing in the field of international real estate is one of the KFH’s fruitful fields of business, since many global markets were affected by th…
In November 2007 Islamic finance, which until then had been soaring on the back of a bullish economy and a climate of more liberal interpretation, hit its first weak point.
Sheikh?Muhammad?Taqi Usmani, head of the religious board at the Accounting and …
Qatar First Investment Bank (QFIB) and specialist regional asset manager Gulfmena Alternative Investments plan to set up a Shariah-compliant asset management firm to tap into rising demand for Islamic investment products.
