Qatar Islamic Insurance Company (QIIC) yesterday announced that ratings agency Moody's Investors Service has affirmed its 'Baa2' insurance financial strength rating (IFSR).
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The Saudi Food and Drug Authority (SFDA) has pulled out a random selection of Cadbury chocolate bars from the market to test for traces of porcine DNA following reports that surfaced from Malaysia.
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Etiqa Takaful Bhd, Malaysia's largest takaful (Islamic insurance) operator and a unit of Maybank, has raised 300 million Malaysian ringgit (USD 93.37 million) with an Islamic bond, the first from an Islamic insurer.
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By Fransiska Nangoy and Al-Zaquan Amer Hamzah JAKARTA/KUALA LUMPUR, May 30 (Reuters) - Indonesian authorities said on Friday they were testing products made by British confectioner Cadbury to check they complied with Islamic standards after two...
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Ashraf El-Ghamrawy, CEO of Al Baraka Bank Egypt, says there are growth opportunities for Islamic partnership financing in Egypt.
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Muslim retail and consumer groups in Malaysia on Thursday called for a boycott of products made by Britain-based confectioner Cadbury and its parent Kraft Foods Group Inc KRFT.O after two chocolate varieties were found to have infringed Islamic rules by containing pork DNA.
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