Tagged: Paris

AirAsia X to put off US$200m sukuk issue

AirAsia X to put off US$200m sukuk issue

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 …

Courses on Islamic Economy to Be Held in Paris

Courses on Islamic Economy to Be Held in Paris

Educational courses on Islamic economy are going to be eld by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in Paris, France. The participants will become familiar with Islamic Shari’a in economic fields.

Hotels aim to reflect Islamic culture

Hotels aim to reflect Islamic culture

Companies within the industry are continuing to debate the standards that need to be met to be considered a “Sharia-compliant” hotel.
One such company is Shaza Hotels. The luxury operator, which is a joint venture between Kempinski Hotels and Guidance …

Banking on Sharia in Kerala

Banking on Sharia in Kerala

Kerala offers huge potential for setting up financial institutions based on Islamic tenets, given its strong historical ties with West Asia and a large Muslim population that adheres to investment norms prescribed by Sharia. Islam prohibits giving or r…