Bank Nizwa’s Tenth Branch Opened In Barka, Oman
Barka: Bank Nizwa, Oman’s first Islamic bank, has opened its 10th full-fledged branch in the Sultanate, achieving its two-year expansion target …
Food
Reviewing Global Sukuk Pipeline In 2015
Following are major Islamic bond issues in the global Sukuk pipeline.
The Thomson Reuters Global Sukuk Index is at 115.36865 points, down from …
Thai PM Counts On Halal Foods To Boost Exports
Bangkok- Prime Minister Prayut Chan-o-cha has urged the development of Thai halal food products to help boost exports. The collaboration of relevant …
National Bonds Corporation Signs Agreement With Aafaq Islamic Finance
National Bonds Corporation PJSC (National Bonds), the leading Shari’ah-compliant savings and investments company in the UAE, has signed a strategic …
Turkish Food Group To Produce Vegan Products After Halal, Kosher
Turkey’s largest food group, Yıldız Holding, has been expanding its global footprint and diversifying its product lines to cater to a wider range of …
UK, Malaysia Dominated Sukuk Market In 2014
Malaysia through its government and corporates remained the largest Sukuk issuer in 2014, whilst British banks and legal firms continued to dominate …
Russia Jumping On The Bandwagon Of Islamic Finance
Yesterday on Dec. 29, Bloomberg reported that Russia wanted to control the harmful effects of the looming financial crisis it is facing by making …
Islamic Bank Thailand Gets B16bn Capital Increase
The State Enterprises Policy Commission or superboard has thrown a lifeline to the Islamic Bank of Thailand (IBank) by approving 16 billion baht in …
AlHuda CIBE Set To Enter Into Uganda Market
Uganda: AlHuda Centre of Islamic Banking and Economics (CIBE) is set to enter into partnership with Uganda Technology and Management University …
USA: Halal Beef Supplier Vows To Contest Fraud Charges
A food supplier falsely marketed beef to Muslims around the world for years as meeting strict halal standards, exporting products that weren’t …
Dubai Chamber GIES Series 2nd Roundtable Focuses On Leadership In Islamic Economy
Dubai Chamber of Commerce and Industry, in cooperation with Dubai Islamic Economy Development Centre (DIEDC) and strategic partner Thomson Reuters, …
World Islamic Economic Forum WIEF Eyes New Heights In S. Korea
PYEONGCHANG (South Korea): The 2014 World Islamic Economic Forum (WIEF) Foundation Roundtable is set to charter new heights with the emphasis on …
Bank Nizwa’s Shari’ah Supervisory Board Assesses Extension To Islamic Finance Offerings
Bank Nizwa recently held its 11th Shari’ah Supervisory Board meeting to discuss proposals for additional Shari’ah compliant financing solutions to …
Govt To Issue Rp 7.1 Trillion Project-Based Sukuk
The government, via the Finance Ministry, plans to issue Rp 7.14 trillion (US$570.9 million) worth of project-based sukuk (Islamic bonds) next year to …
RAM Ratings Reaffirms Musteq Hydro’s AAA(bg) Sukuk Rating
RAM Ratings has reaffirmed the enhanced AAA(bg)/Stable rating of Musteq Hydro Sdn Bhd’s MYR 80 million Bank-Guaranteed Sukuk Musharakah.
The rating …
World: Business On The Halal Battleground
NEWS that a South Australian agribusiness had been unfairly targeted by an anti-halal organisation, and as a result almost lost a $50,000 contract, is …
IFM’s London Summit Gives A Fillip To Islamic Finance
LONDON, Being the Only Alternative to the Existing System of Finance, the Challenges to Widespread Adoption of Islamic Finance are Many, but Experts …
African Islamic Finance To Be Highlighted At Upcoming Conference In Khartoum
The International Forum on Islamic Finance (IFIF Sudan 2014) is being convened on the 9th and 10th of December 2014 at the Al Salam Rotana, Khartoum, …
UK: SEIS Fund Becomes Shariah Compliant
The UK’s first Shariah complaint Seed Enterprise Investment Scheme (SEIS) fund has now been introduced by IFAAS – the Islamic financial consultancy …
Taste Travels: Los Angeles Foodies Explore China’s Islamic Cuisine
Los Angeles’ Chinese American museum is set to host a food tasting event called “Chinese Islamic Cuisine: A Delectable Discussion” on Sunday. With the …
Sharjah Show To Give Thrust To UAE’s Halal Move
The UAE’s plan to introduce a label to certify halal products will form part of the agenda at the upcoming OIC Halal Middle East Exhibition & …
Halal Food Market Stands At $2 Trillion Worldwide
Halal food products stand at $2 trillion globally with Muslim countries accounting for $700 billion, according to a communique issued by the Islamic …
MAHB’s RM1b Perpetual Subordinated Sukuk Gets Overwhelming Response
KUALA LUMPUR, Malaysia Airport Holdings Berhad’s (MAHB) RM1 billion Perpetual Non-call 10-year Subordinated Sukuk has received overwhelming market …
World Islamic Banking Conference Investigates ‘New Growth Paradigm’
H.E. Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, inaugurated the 21st annual edition of the World Islamic Banking Conference …