Business Blog

Concern over the fate of Spain’s rapidly-swelling ranks of long-term unemployed

The UK housing market is showing signs of slowing down, the Nationwide says, with the annual rate of price growth slowing to 9% in October.

The Ministry of Haj has unveiled plans to further strengthen the electronic regulations to improve the services as well as streamline the arrival and departure of pilgrims with the beginning of the Umrah season on Nov. 23 (Safar 1).

Oct 30 (Reuters) - AirAsia Bhd AIRA.KL , Asia&aposs largest budget airline, is seeking to raise up to 1 billion ringgit ($305 million) with an Islamic bond programme to fund aircraft and spare part purchases as well as to refinance its debt.The sukuk uses a mudaraba structure, in which assets are managed by a bank on behalf of clients, with income and expenses shared under a pre-agreed ratio. It w

Oct 30 (Reuters) - AirAsia Bhd AIRA.KL , Asia&aposs largest budget airline, is seeking to raise up to 1 billion ringgit ($305 million) with an Islamic bond programme to fund aircraft and spare part purchases as well as to refinance its debt.The sukuk uses a mudaraba structure, in which assets are managed by a bank on behalf of clients, with income and expenses shared under a pre-agreed ratio. It w

The opening session on the second day of the 10th World Islamic Economic Forum (WIEF), organized by the WIEF Foundation and the Dubai Chamber of Commerce & Industry, also highlighted the importance of developing a standardized documentation process to facilitate the growth of Islamic trade finance.