| 7/29/2010 | Sukuk’s Best Month in Four Signals More Gains: Islamic Finance [Bloomberg]
July 30 (Bloomberg) -- Islamic bonds gained at half the pace of emerging-market debt in July. Fund managers say they may make up the lost ground as funds flow into developing nations and Dubai World restructures debt. |
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| 7/29/2010 | Sukuk loses shine for traditional Gulf issuers [dailystar.com.lb]
DUBAI: The lure of Islamic bonds appears to be wearing off for conventional borrowers in the Gulf, even as the global industry grows, with high-profile defaults and rising costs souring their appeal. |
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| 7/29/2010 | Halal site and sound in Arabic [khaleejtimes.com]
If you’re looking for the website of a local shop in the Middle East, you have a better chance of finding what you are looking for via www.imhalal.com. |
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| 7/29/2010 | World-wide sukuk issuances rise two-fold to $13.7b in H1 [menafn.com]
There has been surge in worldwide Sukuk issuance that saw a two-fold jump to 98 issuances raising to $13.7 billion in the first half of this year, up against the $7.1 billion in the initial six months a year ago. |
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| 7/29/2010 | Infrastructure is vital for stronger shariah investment [dailyexpress.com.my]
Kuala Lumpur: There is still need for improvement especially to create infrastructure and regulatory framework, for Shariah-compliant investments to be stronger, says fund manager, HwangDBS Investment Management Bhd (HwangDBS IM). |
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| 7/29/2010 | EGIB share holders approve merger with Al Baraka [regionaltimes.com]
KARACHI: Emirates Global Islamic Bank share holders at an Extra Ordinary General Meeting (EOGM) held today in Karachi approved the plan to merge with Al Baraka Islamic Bank BSC (C). |
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| 7/29/2010 | Jordan Islamic Bank posts 28.9 drop in H1 profit [Yahoo!]
AMMAN, July 29 - Net profits at Jordan Islamic Bank , the country's largest Islamic lender, dropped 28.9 pct to 14.68 million dinars , the bank's financial statements showed on Thursday. |
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| 7/29/2010 | Melaka Halal Hub Aims For RM155 Million Investment By Year-End, Says CM [Bernama]
JASIN, July 29 (Bernama) -- The Melaka Halal Hub in Serkam here aims to woo RM155 million investment by year-end, says Chief Minister Datuk Seri Mohd Ali Rustam. |
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| 7/28/2010 | Global sukuk issuance nearly doubles in first half of 2010 [theasset.com]
Global sukuk issuance amounted to USD13.7 billion in the first half of 2010, or nearly doubled from the USD7.1 billion recorded in the same period last year with the slight improvement in international market conditions. |
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| 7/28/2010 | Sri Lanka informal Islamic financiers should prepare for regulation: official [lankabusinessonline.com]
Informal entities that have been operating as Islamic financiers in Sri Lanka will have to get their houses in order and become fully compliant with supervisory regulations ahead of a new law on deposit taking, an industry official said. |
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| 7/28/2010 | Sri Lanka could play a regional role in Islamic finance: official [lankabusinessonline.com]
July 28, 2010 (LBO) - Sri Lanka could issue Islamic finance sovereign bonds or 'Sukuks' and take the lead in becoming a regional centre for Islamic financial services which other countries with less experience are aiming for, an official said. |
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| 7/28/2010 | Halal dev’t focus of C. Mindanao’s technology week [bworldonline.com]
GENERAL SANTOS CITY -- The country’s undeveloped halal industry takes center stage in the Central Mindanao-wide science and technology (S&T) week that started yesterday. |
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| 7/28/2010 | Halal certification: Jakim to beef up manpower [mysinchew.com]
The Islamic Development Department (Jakim) will introduce 104 new posts, including food technologists, biotechnologists, chemists and reference specialists to facilitate the issuance of halal certificate and logo. |
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| 7/28/2010 | International Islamic Financial Market releases paper on Shariah repo alternative [gsl.tv]
The International Islamic Financial Market (IIFM) has released a reference paper on I’aadat Al Shira’a, a Shariah compliant alternative to repo transactions. |
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| 7/28/2010 | An Elusive “Normal Muslim” on American Media Highlights the Need for Islamic Finance Gurus [muslimmatters.org]
I really geek out on podcasts. I even make lists of my favorites. I’m a junkie, simply put. |
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| 7/28/2010 | Abu Dhabi Islamic Bank provides $50m facility to Gulf Marine [menafn.com]
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, today announced that it had signed an agreement to provide $ 50 Million Dh 183.5 million) Islamic finance facility to Gulf Marine Services WLL |
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| 7/28/2010 | Moody’s Affirms Saudi-based Islamic Development Bank stable outlook [globalarabnetwork.com]
Moody’s Investors Service, one of the most important rating agencies in the world, has reaffirmed on 26.07.2010 for a fifth consecutive year the Islamic Development Bank ’s "Aaa" long term and P-1 short term foreign currency issuer rating. |
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| 7/28/2010 | S&P Report Comments On The Sukuk Market's Firm Upsurge And What Could Set The Pace Of Growth In The Coming Months [zawya.com]
DUBAI, July 28, 2010--Citing worldwide sukuk issuance of $13.7 billion in the first half of this year, just shy of a two-fold jump on the $7.1 billion registered in the initial six months of 2009 |
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| 7/28/2010 | Dow Jones Islamic Market Indexes in July: Kuwait's Comeback [zawya.com]
July was the month of turnarounds, although stock market performances were volatile in the East and West. Perhaps the most surprising move of the month came from the Kuwait Stock Exchange (KSE). |
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| 7/28/2010 | Kuwait cbank gets more time to study Dar debt plan [Reuters]
KUWAIT, July 28 (Reuters) - A Kuwaiti court has given the country's central bank four more months to submit a report on the debt restructuring plan of Islamic firm Investment Dar (TIDK.KW), the company said on Wednesday. |
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