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Friday, 18 May 2012 |
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KUALA LUMPUR: Bumiputera entrepreneurs should seriously consider adopting Islamic banking services more often in their business transactions, Deputy Prime Minister Tan Sri Muhyiddin Yassin said yesterday. Read More
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Friday, 18 May 2012 |
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KUALA LUMPUR: RAM Ratings has reaffirmed the respective AAA, AA2, A1, A2 and AAA ratings of Menara ABS Bhd’s Tranche A1, Tranche A2, Tranche A3, Tranche A4 (Tranche A Sukuk) and Tranche B Sukuk Ijarah. Read More
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Friday, 18 May 2012 |
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(Reuters) - Libya has approved an Islamic banking law that will introduce sharia-compliant banking in the North African country, a member of the ruling National Transitional Council (NTC) said on Thursday. Read More
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Friday, 18 May 2012 |
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(Reuters) - Afghanistan, which has only a semblance of a capital market, intends to sell Islamic bonds as it braces for a possible sharp fall in Western financial support as the war against the Taliban winds down, a senior central bank official said this week. Read More
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Friday, 18 May 2012 |
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MANAMA: The World Islamic Funds and Financial Markets Conference (WIFFMC) has over the last eight years established itself as the world's most influential annual gathering of leaders in the global Islamic funds and investments industry. Read More
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Thursday, 17 May 2012 |
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PETALING JAYA: The proposed Financial Services Bill (FSB) and Islamic Financial Services Bill (IFSB) will impose greater obligations on financial holding companies and help strengthen regulation, supervision and governance of financial services groups. Read More
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Thursday, 17 May 2012 |
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Kuala Lumpur Kepong Berhad ("KLK") fully redeemed its RM500 million Sukuk Ijarah Islamic Commercial Papers/Medium-Term Notes Programme (2007/2012) on the scheduled maturity date of 10 May 2012. Read More
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Thursday, 17 May 2012 |
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JEDDAH – Islamic Development Bank (IDB) is seeking partners to bring investment in a Shariah-compliant megabank, as it plans to issue $1 billion worth of Islamic bonds or sukuk in June to fund the project, the bank’s president Ahmad Mohamed Ali said late Tuesday. Read More
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Thursday, 17 May 2012 |
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BANDAR SERI BEGAWAN - Islamic banks should be more "entrepreneur-friendly", said His Royal Highness Prince Hj Al-Muhtadee Billah, the Crown Prince and Senior Minister at the Prime Minister's Office, by offering a variety of Syariah-compliant financing methods that will help Muslim businesses become successful. Read More
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Thursday, 17 May 2012 |
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(Reuters) - Saudi-based Islamic Development Bank (IDB) plans to issue $500 million to $1 billion worth of Islamic bonds or sukuk in June, the bank's chairman Ahmad Mohamed Ali said late on Tuesday. Read More
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Tuesday, 15 May 2012 |
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KUALA LUMPUR (Bernama) -- The Japan International Cooperation
Agency (JICA) and the Islamic Banking and Finance Institute Malaysia
(IBFIM) will conduct an Islamic Banking and Finance Training for
Palestinians. Read More
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Tuesday, 15 May 2012 |
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The recent incorporation in Luxembourg of the SEDCO Capital Global Funds will boost the total assets held by Islamic investment structures and vehicles under Luxembourg law. Read More
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Tuesday, 15 May 2012 |
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On the signing of a Double Taxation Agreement (DTA) with Qatar, Premier and Minister of Finance, The Hon. Paula A. Cox, JP, MP, said the move "positions us to market Bermuda as an interconnecting domicile for Bermuda and investment from and to those 50 countries with which Qatar has DTAs." Read More
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Tuesday, 15 May 2012 |
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Crescent Petroleum Co., Dana Gas PJSC (DANA)’s biggest shareholder, has no plan to provide cash to the United Arab Emirates-based natural gas producer to help pay a $1 billion Islamic bond due in October. Read More
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Tuesday, 15 May 2012 |
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MUSCAT OITE Conferences will organise the Oman Islamic Banking and Finance Conference from June 5-6 at the Grand Hyatt, Muscat under the theme ‘Building a growth for Islamic Banking & Finance in Oman through improved regulation, innovation, standardisation and best practices.’ Read More
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Tuesday, 15 May 2012 |
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This system, entitled iMAL, is the first certified core banking system for the bank's Islamic banking operations. The two companies signed an agreement which will see them working together to deliver Sharia-compliant products to BankDhofar customers and allowing it to expand this area of its business. Read More
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