Business Blog

Hong Kong's government is trying to maintain the territory's momentum toward becoming an Islamic finance centre, as other potential sukuk issuers show little enthusiasm.

Hong Kong's government is trying to maintain the territory's momentum toward becoming an Islamic finance centre, as other potential sukuk issuers show little enthusiasm.

KUALA LUMPUR, Dec 11 (Reuters) - Malaysia's state pension fund will not vote on a proposed merger between CIMB Group Holdings CIMB.KL and two smaller rivals after the stock exchange regulator confirmed a ban it issued two months ago. In October,...

Investment fund National Bonds is in talks with five takaful operators to provide insurance to its investors to give them cover for critical conditions at a very low cost.

Investment Dar, the Kuwaiti firm best-known for its stake in luxury carmaker Aston Martin, hopes to complete a second debt-for-assets deal with creditors by the end of March, it said in a bourse statement.

Tuesday, Dec 9 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. You can view the full IFG briefing via...