Business Blog

03 September 2014 BEIRUT: The Iraqi man carried away a box filled with food from the Assyrian Church, his passport clutched in his other hand. "It [the passport] is only so I can cross to a European country," said the man, a refugee who fled to Lebanon...

The Indonesian government raised USD 1.5 billion worth of Islamic bonds on Tuesday, attracting the largest order book ever achieved for a sovereign sukuk from southeast Asia, the finance ministry said.

Malaysia's Bank Muamalat BUKHCM.UL and Bank of London and The Middle East (BLME) BLME.DI will develop Islamic private banking services in the southeast Asian country to widen the banks' business lines.

The Indonesian government raised USD1.5 billion worth of Islamic bonds on Tuesday, attracting the largest order book ever achieved for a sovereign sukuk from southeast Asia, the finance ministry said.

DUBAI Islamic Economy Development Centre (DIEDC) today announced nominations across all eight categories of the Islamic Economy Awards 2014 have witnessed a high uptake from international and local companies.

Al Rajhi Capital, one of the leading asset managers in the Kingdom of Saudi Arabia, has started the offering period for the Al Rajhi Sukuk Fund, a unique product investing in Global Sukuk and other shariah compliant instruments.