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Jan 31 (Reuters) - Price guidance for a debut dollar-denominated Islamic bond, or sukuk, from Dubai mall developer Majid Al Futtaim (MAF) Holding is in the range of 5.9 percent to 5.95 percent profit rate, with final pricing expected Tuesday, leads said. |
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ANKARA, 7 Rabi al-Awwal/30 Jan (IINA)-Bahraini lender Al Baraka Bank’s Turkish subsidiary will go ahead with a $200 million Islamic bond issue in the first quarter, after delaying a sale last month due to pricing concerns, the bank’s chief executive said. |
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GEORGE TOWN: More must be done to promote Islamic banking to non-Muslims, Bank Muamalat chairman Tan Sri Dr Munir Abdul Majid said. |
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JEDDAH, 5 Rabi al-Awwal/28 Jan (IINA)- Jeddah-based Islamic Development Bank (IDB), an international financial institution based in Jeddah, Saudi Arabia, is ready to provide equity capital to Oman’s upcoming Islamic banking industry, development projects in the sultanate and private-sector businesses. |
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The Kuwait Finance House claimed top spot of the KBC Football League after beating the International Bank 4-0 in second week of competition, which also saw the National Bank Club rout the Industrial Bank 7-0. |
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MUSCAT Oman First Islamic Finance & Banking conference, organised by Al Iktissad Wal Aamal Group in collaboration with the Central Bank of Oman (CBO), will be opened on January 23 at Al Bustan Palace Hotel. |
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The National Commercial Bank has achieved a new prestigious title that reconfirmed its leadership position in the Islamic banking arena, following an announcement that was recently made in Oman, naming NCBNCB as the Best Islamic Bank of the year. |
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MUSCAT -- KPMG, a leading international firm offering audit, tax, and advisory services recently organised a training at Crowne Plaza Hotel, Muscat on Islamic finance products and their accounting treatment under IFRS. |
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Khartoum - Al Bayan Centre for Islamic Financial Engineering is to organize the 4th session of the Khartoum Forum on Islamic Financial Products next April. |
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MUSCAT: Omani consumers have expressed a strong appetite for Islamic finance with a rapid take-up of banking products expected within the first 12 months of being launched. |
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