Business Blog

CMA announces that based on the announcement by the Saudi Arabian Monetary Agency dated 5/8/1435 H corresponding to 3/6/2014 that included: "after viewing the first quarter financial statements from the current year 2014 submitted by Weqaya Takaful Insurance and Reinsurance Company to the Agency on 20/6/1435 H corresponding to 20/04/2014 showing that the company's accumulated losses reached 97%

Mohamed Damak of Standard & Poor's Ratings Services outlines challenges to the growth of a truly global marketplace for sukuk.

The Islamic Development Bank has launched a programme to release $180 million in financing to six African countries for renewable energy projects as part of a broad strategy to deepen its involvement in the region.Islamic finance is growing in Africa.

The convergence of our financial lives and online personas is happening fast.

Hackers are often portrayed in the press as nefarious cyber-criminals. In reality, such computer "crackers" are just a marginal subsection of a much broader hacker subculture that shuns criminality.

JAKARTA, 3rd June, 2014 (WAM) -- The member states of the Organisation of Islamic Cooperation (OIC) are considering ways of boosting Islamic Tourism during the 1st International Forum of the Organisation on Islamic Tourism which began in Jakarta...