Business Blog

Luxembourg has launched its 200 million euro (USD 254 million), five-year debut sukuk issue at the tight end of initial price guidance, with the deal set to price later on Tuesday, a document from lead managers showed.

Ashley Freeman of Charles Russell discusses sharia-compliant workouts of Islamic banks.

Gulf-focused mutual funds that invest in Islamic bonds remain tiny compared to their fixed income siblings, but competition is heating up as the market widens and firms vie for a chunk of privately managed accounts.

Architects from more than 50 countries are competing at the world's largest architecture festival this week in Singapore.

You've heard of Banksy, but have you heard of Bambi? Not the Bambi of Disney fame, but the one dubbed street art's new star. Her work sells for big bucks, but no one knows who she is.

Islamic banking is gaining in popularity among non-Muslim customers. CNN's Jim Boulden reports.