A new screening method for sukuk (Islamic bonds), developed in cooperation with Saudi Arabian financial institutions, aims to reduce the cumbersome approval process that these instruments often require.
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Business Blog
Morocco's Economic, Social and Environmental Council (CESE) weighed in on the Islamic bank bill last Thursday (August 28th), proposing two changes.
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Funding through sukuk (Islamic bonds) issuance is expected to play a key role over the next decade in securing funds for the substantial line-up of new projects in Dubai, according to Dubai Chamber of Commerce and Industry.
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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.
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Despite a sharp growth in contributions, the takaful industry faces a multitude of challenges as it takes on its conventional counterparts.
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The South African government plans to raise at least USD 500 million in its first issue of Islamic bonds, a Treasury official indicated.