Business Blog

Aljazira Takaful Taawuni Company announces obtaining SAMA's final approval to use of insurance products for the following products Individual life Juvenile ( marriage , education )

PineBridge Investments, a New York-based asset manager, said its Middle East unit had raised USD 140 million for a sharia-compliant fund that would invest in income-producing real estate assets in Gulf Cooperation Council countries.

Requirements for the slaughter of animals in accordance with provisions of the Islamic Shariah, bottled drinking water, chicken eggs and chilled chicken are among the top issues of discussion at the 20th meeting of the GCC Technical Committee on Food and Agricultural Products Specification.The two-day meeting was opened in Doha yesterday with the participation of the Standardisation and Metrology

Bangladesh's central bank is seeking to amend rules on its existing Islamic bond (sukuk) programme to broaden its use and allow for a sovereign issuance by the government, enhancing the prospects of Islamic finance in the country.

Bangladesh's central bank is seeking to amend rules on its existing Islamic bond (sukuk) programme to broaden its use and allow for a sovereign issuance by the government, enhancing the prospects of Islamic finance in the country.

London-based European Islamic Investment Bank EIIB.L will seek shareholder approval for a tender offer of up to 20 million pounds of its own shares while seeking approval for a separate share buyback.