Business Blog

LONDON (Reuters) - Britain does not plan any more sales of Islamic bonds for the time being, the head of the UK Debt Management Office said on Wednesday.Britain received orders of more than 2 billion pounds during the bookbuilding process for the sale of its first Islamic bond, one of the bookrunners for the syndication said on Wednesday."At this stage it&aposs planned just to be a one-off," UK DM

Libya's central bank is proposing issuing Islamic bonds to help fund the budget and offset a loss of oil revenues, the bank's spokesman said.

Libya's central bank is proposing issuing Islamic bonds to help fund the budget and offset a loss of oil revenues, the bank's spokesman said.

CNN's Christina MacFarlane interviews Getty's Senior World Cup photographer Shaun Botterill.

Allfunds Bank will expand its presence in Asia and the Middle East, widening the reach of its intermediation platform while adding more Islamic mutual funds to its product range.

Fawaz Abdulaziz Alhokair Co. has completed a SAR 500 million (USD 133 million), five-year sukuk issue, the company said.