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Sharia

30-TRE-167-LA FRANCAISE.pdf - Adobe Reader

Mutual Fund

A shari’a real estate fund in Paris, courtesy of an anonymous Kuwaiti bank, has all the trappings of a queer yet interesting partnership in a market with fair potential.

July 13, 2012 4:30
 
Egyptian MPs to pick constitution-setting assembly

Egyptian MPs to pick constitution-setting assembly

Egypt's Islamist-dominated parliament on Saturday will pick members of a body tasked with drafting a new constitution, a document that could decide which branch of state will effectively rule the country for years to come.

March 24, 2012 3:21
 
Qatar QFIB eyes 2012 Doha listing, seeks Islamic loan

Qatar QFIB eyes 2012 Doha listing, seeks Islamic loan

Qatar First Investment Bank (QFIB) plans to list on the Doha stock exchange by year-end and wants to raise a $250 million sharia-compliant facility during the first half of 2012, Chief Executive Emad Mansour said on Tuesday.

February 21, 2012 4:29
 
Dubai Islamic 2011 net profit rises 25 percent

Dubai Islamic 2011 net profit rises 25 percent

Dubai Islamic Bank (DIB), Dubai's largest sharia-compliant bank by assets, posted a 25 percent rise in 2011 net profit, the lender said in a statement on Thursday.

February 2, 2012 1:00
 
Dubai’s Tamweel reports Q4 profit jump

Dubai’s Tamweel reports Q4 profit jump

Q4 profit 31 mln dirhams from 8 mln dirhams in Q4 2010; Full-year net profit 101.9 mln dirhams; Tamweel shares up over 7 pct this year

January 29, 2012 3:55
 

Tamweel launches $300M 5-year sukuk

Dubai's Tamweel, a sharia-compliant mortgage provider, has launched a $300 million five-year Islamic bond, or sukuk, a document from lead managers said on Tuesday.

January 11, 2012 11:18
 

Bahrain pushes bank merger to boost capital

Bahrain's central bank has urged five Islamic banks to merge early next year as it seeks to strengthen the banks' capital bases, a senior official said on Sunday.

December 11, 2011 6:28
 

Saudi Aviation Authority sets sukuk for Jeddah Airport

Saudi Arabia's General Authority for Civil Aviation (GACA) will issue a sukuk, or Islamic bond, within one or two months to help finance its new 27-billion-riyal ($7.2-billion) airport in Jeddah, its president said on Al Arabiya television channel.

December 11, 2011 6:22
 

Islamic finances assets to hit $1.1 Trillion in 2012

Islamic finance assets around the world are expected to climb 33 percent from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday.

November 22, 2011 2:15
 

Abu Dhabi’s ADCB sets final guidance on 5-year sukuk

Final guidance set at 275 bps over mid swaps; Books closed 1230GMT, pricing expected later today

November 16, 2011 8:26
 
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