Business Blog

Saudi King Abdullah has donated USD 35 million to the Islamic Development Bank (IDB) to support its Ebola fighting programme, funding equipment and specialised treatment centres in four West African countries.

Tunisia's Amen Bank launched two Islamic mutual funds this week while a leasing company prepares to convert into a full-fledged Islamic lender, welcome steps for the industry which has been waiting for the government to issue a debut Islamic bond.

Tunisia's Amen Bank launched two Islamic mutual funds this week while a leasing company prepares to convert into a full-fledged Islamic lender, welcome steps for the industry which has been waiting for the government to issue a debut Islamic bond.

Tunisia's Amen Bank launched two Islamic mutual funds this week while a leasing company prepares to convert into a full-fledged Islamic lender, welcome steps for the industry which has been waiting for the government to issue a debut Islamic bond.

Tunisia's Amen Bank launched two Islamic mutual funds this week while a leasing company prepares to convert into a full-fledged Islamic lender, welcome steps for the industry which has been waiting for the government to issue a debut Islamic bond.

Malaysia's sovereign wealth fund, 1Malaysia Development Bhd, has postponed the sale of up to 8.4 billion ringgit of Islamic bonds to 2015, according to two people familiar with the matter.