Business Blog

Saudi's Fawaz Alhokair sign USD200m 5-yr Islamic loan with SocGen

Saudi Arabia's Fawaz Abdulaziz Alhokair Co signed a USD 200 million sharia-compliant loan with French lender Société Générale to fund an acquisition of shops and general expansion, the retailer said.

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After landmark sukuk, Japan's BTMU seeks to offer Islamic ringgit loans

Bank of Tokyo-Mitsubishi UFJ MTFGTU.UL (BTMU), Japan's largest lender, hopes to secure a licence for its Malaysian unit to expand operations by providing Islamic loans in the local currency.
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After landmark sukuk, Japan's BTMU seeks to offer Islamic ringgit loans

Bank of Tokyo-Mitsubishi UFJ MTFGTU.UL (BTMU), Japan's largest lender, hopes to secure a licence for its Malaysian unit to expand operations by providing Islamic loans in the local currency.

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IFSB - INCEIF Executive Forums for Islamic Finance to Discuss the Global Regulatory Reforms and Sound Governance Practices for Islamic Finance

25 September 2014, Kuala Lumpur The Islamic Financial Services Board (IFSB) and the INCEIF - The Global University of Islamic Finance are organising the fifth and sixth Executive Forum (EF) on Islamic Finance series in November and December 2014. The IFSB-INCEIF Executive Forums aim to provide a platform for global leaders in Islamic finance to discuss selected emerging issues facing the global

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Kazakhstan to return to bond markets

By Sudip RoyLONDON, Sept 25 (IFR) - Kazakhstan is to make its long-awaited return to the international bond markets after the government announced its intention to meet investors from next Monday.The sovereign will kick off meetings in London on September 29 before visiting investors in New York, Boston, San Francisco and finally Los Angeles on October 3. A benchmark-sized US dollar 144A/Reg S bon
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CEEMEA sovereign bond issuance coveted in muted market

With the final quarter of the year looming, it is looking increasingly likely that bond issuance in the Central and Eastern Europe, Middle East and Africa (CEEMEA) region will end the year more on a whimper than a bang.
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