Business Blog

Indonesia's finance ministry plans to sell sharia retail bonds in April of around 20 trillion rupiah (USD 1.63 billion), an official at the debt management office said.

Indonesia's finance ministry plans to sell sharia retail bonds in April of around 20 trillion rupiah (USD 1.63 billion), an official at the debt management office said.

Bahrain's central bank is setting up a central sharia board to help oversee Islamic finance products in the kingdom and will introduce new rules to strengthen governance in the sector, central bank governor Rasheed al-Maraj said.

Bahrain's central bank is setting up a central sharia board to help oversee Islamic finance products in the kingdom and will introduce new rules to strengthen governance in the sector, central bank governor Rasheed al-Maraj said.

The UAE's sharia-compliant banking assets crossed USD 100 billion (AED 367 billion) this year as the UAE's Islamic banking sector became a major contributor to global Islamic finance industry, according to Ernst & Young's (EY) World Islamic Banking Competitiveness Report 2014-15.

After spending hundreds of hours trying to suss out the best items that would fit most people's lives, the Wirecutter and the Sweethome put together a list of their favorite gifts.