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Saturday, 25 May 2013 |
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Fitch Ratings has upgraded Small and Medium Enterprise Development Bank of Thailand's (SME Bank) National Long-Term Rating to 'AAA(tha)' from 'AA+(tha)'. Read more
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Friday, 24 May 2013 |
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KARACHI: The State Bank of Pakistan (SBP), on Wednesday, issued a circular to all Islamic banking institutions about the Islamic Export Refinance Scheme (IERS) and eligibility of Ijara Sukuk (Islamic bonds to be included in the Musharaka pool. Read more
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Friday, 24 May 2013 |
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Guidance Investments (GI) has launched a RM150 million Shariah-compliant investment fund for equipment leasing for the Saudi Arabian market in partnership with Lembaga Tabung Haji (TH), a company official said in Kuala Lumpur yesterday. Read more
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Thursday, 23 May 2013 |
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SHAH ALAM: Syarikat Takaful Malaysia Bhd (Takaful Malaysia) expects to disburse RM35 million in no claim rebate this year to its customers, given the positive growth in its General Takaful portfolio. Read more
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Thursday, 23 May 2013 |
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THE “Emas” status has been accorded by Bank Negara Malaysia (BNM) to Sime Darby Bhd’s maiden international sukuk issuance, marking another milestone for the group’s multi-currency debt offering. Read more
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Thursday, 23 May 2013 |
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SINGAPORE (Bernama) -- More than 480 leading industry players, thought leaders and key regulators in the international and regional Islamic finance industry will be gathering from June 3 to 5 at the Pan Pacific Singapore Hotel for the 4th Annual World Islamic Banking Conference: Asia Summit (WIBC Asia 2013). Read more
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Thursday, 23 May 2013 |
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The Bank’s HPP rates will now start at 3.99% for a variable rental rate and 4.19% for its fixed rate. The plans are available for up to 80% loan to value. Read more
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Thursday, 23 May 2013 |
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(Reuters) - Saudi Arabia's Dar Al Arkan Real Estate Development Co is aiming to sell a benchmark-sized Islamic bond, or sukuk, this week after announcing initial price thoughts for the dollar-denominated deal, a document from lead managers said on Monday. Read more
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Wednesday, 22 May 2013 |
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MANAMA: The global takaful industry has witnessed tremendous growth in the last decade, rapidly becoming an increasingly important component of the Sharia-compliant banking and finance system. Read more
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Wednesday, 22 May 2013 |
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The world needs a universal Sharia advisory panel if the Islamic finance sector is to grow to the scale needed to meet rising demand in developing Muslim economies like Pakistan and Nigeria, the head of a leading institution has said. Read more
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Wednesday, 22 May 2013 |
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Upon review of the final documentation of the forthcoming Sukuk issuance, MARC is satisfied that the terms and conditions of the Sukuk have not changed in any material way from the draft documents on which the earlier preliminary rating of AAAIS was based, it said in a public statement. Read more
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Wednesday, 22 May 2013 |
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Upon review of the final documentation of the forthcoming Sukuk issuance, MARC is satisfied that the terms and conditions of the Sukuk have not changed in any material way from the draft documents on which the earlier preliminary rating of AAAIS was based, it said in a public statement. Read more
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Tuesday, 21 May 2013 |
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KUALA LUMPUR: Innovations in Islamic financial solutions will need to take into account the higher regulatory expectations for more transparency, as well as the effective management of risks and capital, said Bank Negara govenor Tan Sri Dr Zeti Akhtar Aziz. Read more
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Monday, 20 May 2013 |
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KUALA LUMPUR: The 10th Islamic Financial Services Board (IFSB) Summit saw key leaders sharing their thoughts on the industry’s developments following the global financial crisis. Read more
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Monday, 20 May 2013 |
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The global credit squeeze and recession have made many countries turn to the Islamic Development Bank more than ever to seek help in their development projects, says its President Ahmed Mohammed Ali. Read more
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Monday, 20 May 2013 |
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KUALA LUMPUR: BIMB Holdings Bhd is on the verge of completing its purchase of Dubai Financial Group's (DFG) 30.5% stake in Bank Islam Malaysia Bhd. Read more
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