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Abu Dhabi’s TAQA prices $215 mln ringgit Islamic bond

Abu Dhabi’s TAQA prices $215 mln ringgit Islamic bond

Abu Dhabi National Energy Co (TAQA) raised $215 million from the sale of a Malaysian ringgit-denominated Islamic bond, or sukuk, it said on Sunday, as part of plans by the state-run oil and gas utility to diversify its funding sources.

February 26, 2012 11:22
 
Tunisian Parliament bloc proposes Islamic constitution

Tunisian Parliament bloc proposes Islamic constitution

The third-largest party in Tunisia's constituent assembly, charged with writing a new constitution, proposed on Monday a draft document based on Islamic law which will likely alarm the country's secularists.

February 21, 2012 4:39
 
Iran to stop oil exports to “some” countries soon

Iran to stop oil exports to “some” countries soon

Iran's oil minister said on Sunday the Islamic state would soon stop exporting crude to "some" countries, the state news agency IRNA reported.

January 30, 2012 3:23
 
Omani Islamic banks to float by June

Omani Islamic banks to float by June

Bank Nizwa, Al Izz to IPO by June, according to central bank sources, with Oman Arab Bank likely to lead the offering.

January 23, 2012 2:07
 
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