Business Blog

Saudi Telecom issues SAR2bn, 10-yr debut sukuk

Saudi Telecom Co, the Gulf's largest telecommunications operator by market value, said it had completed a SAR 2 billion (USD 533 million), 10-year debut sukuk issue.

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DIB acquires 24.9% stake in Indonesian bank, Bank Panin Syariah

Dubai Islamic Bank (DIB) on Monday announced that it has completed the acquisition of 24.9% shares in Bank Panin Syariah by acquiring 2,427,750,000 shares.

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Research center for islamic legislation and ethics to host ethics and economics seminar

The Research Center for Islamic Legislation and Ethics (CILE), a member of Qatar Faculty of Islamic Studies (QFIS) at Hamad Bin Khalifa University, will be hosting a specialised seminar on Ethics and Economics this week for prominent scholars.

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Research center for islamic legislation and ethics to host ethics and economics seminar

The Research Center for Islamic Legislation and Ethics (CILE), a member of Qatar Faculty of Islamic Studies (QFIS) at Hamad Bin Khalifa University, will be hosting a specialised seminar on Ethics and Economics this week for prominent scholars.

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Dubai Islamic Bank completes 24.9 pct stake buy in Indonesian lender

DUBAI, June 9 (Reuters) - Dubai Islamic Bank DISB.DU has completed the acquisition of a 24.9 percent stake in Bank Panin Syariah PNBS.JK and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 percent, it said on...

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Dubai Islamic Bank completes 24.9% stake buy in Indonesian lender

Dubai Islamic Bank DISB.DU has completed the acquisition of a 24.9 percent stake in Bank Panin Syariah PNBS.JK and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 percent, it said on Monday.

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