The International Islamic Liquidity Management Corporation (IILM) is assumed to launch its first sukuk in the next six months, as it will contribute to better liquidity management. The statement was given by Bank Negara Malaysia (BNM) Governor Tan Sri …
Al Hilal Bank has chosen three banks to arrange its debut sukuk. The deal is forseen to emerge in the first quarter of 2012.
Standard Chartered, HSBC and National Bank of Abu Dhabi have been assigned by unlisted Al Hilal for a benchmark-sized deal unde…
Indonesia sold $1 billion of sukuk at half the rate of its 2009 debut and more than two percentage points lower than a sale by Italy, sustaining the Asian nation’s claim for an investment-grade rating.
The 2018 dollar securities were sold at 4 %, dat…
The Board of Directors of Barwa Real Estate has agreed with the organisation’s new corporate strategy and growth plan, which is built on a platform of disciplined and sustainable growth.
Barwa Group CEO Abdulla Abdulaziz Al Subaie revealed the strategy…
Nach Griechenland-Verlusten BNP Paribas streicht 1400 Jobs Nach Milliardenverlusten durch die Griechenland-Krise streicht die französische Großbank BNP Paribas rund 1400 Stellen. Die Entscheidung aus Paris hat auf die Luxemburger Tochtergesellschaft BGL BNP Paribas keine Auswirkungen, sagte eine Firmensprecherin.Nach Angaben aus dem Konzern-Betriebsrat sollen im Ausland 1023 und in Frankreich 373 Jobs wegfallen. Betroffen […]
Despite previous high depletion of shareholders‘ funds due to start-up and early operational costs, Weqaya Takaful Insurance & Reinsurance Co.’s capitalization remains strong relative to risk.
Standard & Poor’s Ratings Services announced that i…
The Institute of Certified Public Accountants of Kenya (ICPAK), wishes Islamic finance institutions to take responsibility for upgrading the skills level among their staff to guarantee that accounting standards in Shari’ah compliant companies are up to…
The governors of central banks and monetary authorities of the Organization of Islamic Cooperation (OIC) member countries are convening brought together for a meeting hosted by Bank Negara Malaysia, the central bank, at its plush new conference centre …
Five billion dollars in bonds will be launched in the current Iranian calendar year (to end March 20, 2012) to speed up the implementation of South Pars gas field projects. Iran will also launch $15 billion in sukuk bonds in the current year to be inve…
The Islamic Development Bank’s community development workshop has the purpose to empower Muslim NGOs in different parts of the world by offering them necessary training to boost their leadership skills.
Prominent leaders of Muslim organizations and i…
