AirAsia X Sdn Bhd will put off a US$200 million Islamic bond issue planned for March by at least 12 months after the airline abandoned routes from Kuala Lumpur to London, Paris, Mumbai and New Delhi.
AirAsia X announced Jan. 12 that it was cutting its …
The not-for-profit Jersey Finance opens Abu Dhabi office to tap Gulf wealth from family offices and high networth individuals even as currency fluctuations erode values.
Jersey is a self-governing British Crown Dependency where financial services are t…
An academy will soon be set up to educate Muslims about investments in various financial sectors, including stock exchange, capital market and banking in accordance to the principals of Sharia (Islamic law).
Pragmatic Wealth Management Pvt . Ltd is com…
India’s Bombay Stock Exchange launched a share index of sharia-compliant companies on Monday in an attempt to open stock-trading to more Muslims.
The BSE TASIS Sharia 50 consists of the largest and most liquid sharia-compliant stocks within the BSE 500…
Although efforts have been made over the past twenty years to bring Islamic banking into India — a country that has more Muslims than Pakistan — as yet the Reserve Bank of India and its master, the Union Finance Ministry, has not given permission f…
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