Business Blog

Egyptian Saudi Insurance House and Faisal Islamic Bank are planning to contribute in Salama Family Takaful Company (Life Insurance) in Egypt in which SALAMA - Islamic Arab Insurance Company a leading provider of direct Takaful companies in the United Arab Emirates requested to set up Salama Takaful in Egypt with EGP100 million capital.

Malaysia's Kesas Sdn Bhd, a toll concessionaire for a major highway in the state of Selangor, will raise up to 735 million ringgit (USD 227 million) with Islamic bonds to redeem some of its debt, fund capital expenditure and working capital, RAM Ratings said.

Malaysia's Kesas Sdn Bhd, a toll concessionaire for a major highway in the state of Selangor, will raise up to 735 million ringgit (USD 227 million) with Islamic bonds to redeem some of its debt, fund capital expenditure and working capital, RAM Ratings said.

Malaysia's Kesas Sdn Bhd, a toll concessionaire for a major highway in the state of Selangor, will raise up to 735 million ringgit (USD 227 million) with Islamic bonds to redeem some of its debt, fund capital expenditure and working capital, RAM Ratings said.

Wednesday, Oct 8 - 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...

* Oil prices hit two-year lows* Investors wait for Fed minutes* Treasury bond prices up, dollar extends gains(Adds U.S. market open, changes byline, changes dateline, previously LONDON, recasts lead)By Yasmeen AbutalebNEW YORK, Oct 8 (Reuters) - An index of global equities hit a six-month low and oil prices slumped again on Wednesday, as investors reduced positions in riskier assets amid concerns