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Islamic finance weathered the global financial crisis better than conventional banking, but it was not completely immune and has yet to address potential risks, a report by a standard-setting body for the industry says.

Islamic finance weathered the global financial crisis better than conventional banking, but it was not completely immune and has yet to address potential risks, a report by a standard-setting body for the industry says.

* FTSEurofirst 300 up 0.2 pct * France's CAC underperforms after weak data * Dovish Fed underpins sentiment * SABMiller, Raiffeisen rally after results By Francesco Canepa LONDON, May 22 (Reuters) - European stocks edged higher on Thursday, boosted...

DUBAI, May 22 (Reuters) - Saudi Arabia&aposs Dar Al Arkan Real Estate Development Co 4300.SE raised $400 million through an Islamic bond, the developer said in a statement on Thursday, with strong demand for the paper helping to reduce the cost at which it borrowed.The developer attracted a final order book of more than $1 billion for its five year sukuk, it said in a regulatory filing.Final prici

DUBAI, May 22 (Reuters) - Saudi Arabia&aposs Dar Al Arkan Real Estate Development Co 4300.SE raised $400 million through an Islamic bond, the developer said in a statement on Thursday, with strong demand for the paper helping to reduce the cost at which it borrowed.The developer attracted a final order book of more than $1 billion for its five year sukuk, it said in a regulatory filing.Final prici

Saudi Arabia's Dar Al Arkan Real Estate Development Co. raised USD 400 million through an Islamic bond, the developer said in a statement on Thursday, with strong demand for the paper helping to reduce the cost at which it borrowed.