Pakistan Forex Reserves To Cross $14b After Disbursement Of $1.1b By IMF
ISLAMABAD: Foreign exchange reserves of the country are estimated to cross $14.1bn after the proceeds of Sukuk and disbursement of $1.1bn by the …
Food
Nasdaq Dubai Islamic Trading Platform Plans Expansion
London: Nasdaq Dubai, which lists about $21 billion of sukuk, plans to expand an Islamic trading platform as the Gulf emirate takes another step in …
Moody’s Assigns A3 Rating To Cagamas Global Sukuk’s Programme
Moody’s has assigned a provisional A3 rating to Cagamas Global Sukuk Berhad’s proposed $2.5bn multi-currency sukuk programme, as sukuk …
CISI And BIBF Announce The Launch Of A New Islamic Finance Qualifications Pathway
BIBF has announced the launch of a new Islamic Finance Pathway developed by the Institute in cooperation with the awarding body, the Chartered …
SME Halal Food Producers Urged To Turn Eyes Abroad
Singaporean food distributor My Outlets Pte will meet with Thai small and medium-sized enterprise (SME) food producers this week about importing halal …
Islamic Insurance Growth Faces Roadblocks: Report
DUBAI, While the Gulf Arab states increased market penetration with Islamic insurances, also called Takaful, Malaysia continues to lead the global …
World Bank-Linked IFFI To Price Dollar Sukuk On Thursday
DUBAI – The International Finance Facility for Immunisation Co. [IFFIM.UL] (IFFI), for which the World Bank acts as treasury manager, plans to …
ICD To Raise Up To $1.2 bln In Islamic Financing -CEO
The private sector arm of the Jeddah-based Islamic Development Bank plans to tap Islamic capital marketsto raise as much as $1.2 billion in long-term …
Fair Trading Stops Anti Halal Tactics
AN ANTI-ISLAMIC political party’s theory on how to cripple the multi-million dollar Halal industry has been debunked by the Office of Fair …
Islamic Finance Set To Tackle Long-Standing Repo Challenge.
Separate but converging efforts are underway in Islamic finance to help develop globally accepted alternatives to conventional repurchase agreements, …
Cadbury Malaysia Celebrates as Jakim Confirms Chocolates’ Halal Status
KUALA LUMPUR, Malaysia – Cadbury Malaysia, a prominent player in the country’s confectionery landscape, has warmly welcomed the affirmation from the …
Belgium Keen On Halal Food Joint Ventures With Malaysia
Belgium is keen on establishing partnerships with Malaysian companies to develop its halal food process and and shariah-compliant investments in the …
Shariah Beer Thirst Shows Halal Stock Promise: Islamic Finance
Eight years ago, Taleb Mohamad Almahmoud started importing a non-alcoholic beer popular in the Middle East to Malaysia. Now he’s bringing more than …
Turkish 10-Year Dollar Sukuk Draws Strong Demand At MS+205 bps -Bankers
Turkey borrowed $1 billion over 10 years on Tuesday at around 4.5 percent via a sovereign sukuk issue, bankers said, its third in dollars since it …
Drake & Scull International $120 Million Private Placement Sukuk
Drake & Scull International (DSI) has announced the issuance of a $120 million unrated senior unsecured five-year certificates by way of private …
Walmart Caves To Muslim Demands To Offer Halal Meat
A group of Muslim students from the University of Miami voiced their opinions and Walmart listened.
You might recall a story from the UK last year. …
Maybank Enters Cross-Border Islamic Funds Partnership
Maybank Asset Management Group has entered into a collaboration agreement with Hong Kong-based Bosera Asset Management (International) at the …
Travel News: Japanese Hotel Rated Muslim-Friendly
Japanese hotel rated Muslim-friendly
The Hotel Granvia Kyoto has been named the first hotel in Japan to obtain a Muslim-friendly rating. The four-star …
Dubai To Get Best Halal Restaurant Finder
What’s the best halal restaurant in Dubai? The London-based entrepreneur Zohra Khaku is banking on the fact that most people don’t know.
Khaku has …
Asia Has The Potential To Drive Islamic Finance Industry – Perak Sultan
KUALA LUMPUR – Asia specifically East and Southeast Asia have the potential to drive the expansion of the Islamic finance industry, said Sultan …
Emirates NBD $1b Bond Draws Strong Demand
Dubai’s largest lender completed the deal at a spread of 150 basis points over midswaps, the tight end of the 150bps to 155bps guidance indicated …
7-Eleven In Denmark Starts Offering Halal, Kosher Confectionery
Children’s birthday parties often face dietary challenges, especially when accommodating halal and kosher requirements. Thankfully, 7-Eleven has …
Malaysia Establishes World’s First Halal CSI Unit
The world has become familiar with the police force’s CSI (Crime Scene Investigation) unit, thanks to the US television series CSI.
The police in …
Japan Tries To Tap Growing Muslim Tourist Market
In this pic, the smoke of incense burnt in a huge censer makes a foreign Muslim visitor’s eyes water at at Sensoji Buddhist temple at Asakusa …