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All rights reserved. http://www.halalstock.com/images/rss_g.gif http://www.halastock.com http://www.halalstock.com/newsdetail.asp?hID=2049 http://www.halalstock.com/newsdetail.asp?hID=2049 hurriyetdailynews.com Having entered Turkey’s insurance sector in 2009 through the establishment of Neova Insurance, Kuwait Finance House has selected the country as a hub. http://www.halalstock.com/newsdetail.asp?hID=2048 http://www.halalstock.com/newsdetail.asp?hID=2048 news.az The Six Conference Caspian Banking and Finance will be held at the Grand Hotel Europe in Baku on April 13-14. http://www.halalstock.com/newsdetail.asp?hID=2047 http://www.halalstock.com/newsdetail.asp?hID=2047 Reuters Deutsche Bank (DBKGn.DE: Quote, Profile, Research) is in talks to arrange sukuk issues in Malaysia, Brunei, Indonesia and Pakistan as improving credit conditions bring issuers back to the market, a senior official said on Friday. http://www.halalstock.com/newsdetail.asp?hID=2046 http://www.halalstock.com/newsdetail.asp?hID=2046 trend.az Since 2008 Amrahbank has been developing under the new Strategic Development Plan. A new stage in the development of the bank began in 2010. http://www.halalstock.com/newsdetail.asp?hID=2045 http://www.halalstock.com/newsdetail.asp?hID=2045 Bernama KUALA LUMPUR, March 12 (Bernama) -- Ten University Technology Mara (UiTM) students will receive scholarships from the Asian Finance Bank (AFB) to pursue their first degree in Islamic banking. http://www.halalstock.com/newsdetail.asp?hID=2044 http://www.halalstock.com/newsdetail.asp?hID=2044 Bernama KUALA LUMPUR, March 12 (Bernama) -- AmMutual's AmBond and AmIslamic Funds Management's AmBon Islam have declared income distributions for their respective unitholders. http://www.halalstock.com/newsdetail.asp?hID=2043 http://www.halalstock.com/newsdetail.asp?hID=2043 Bernama KUALA LUMPUR, March 12 (Bernama) -- EONCAP Islamic Bank Bhd aims to sign up 20,000 accountholders for its newly-launched Mumtaz Children Savings Account within a year. http://www.halalstock.com/newsdetail.asp?hID=2042 http://www.halalstock.com/newsdetail.asp?hID=2042 jordantimes.com AMMAN –– The government may need to issue new pieces of legislation or find a new mechanism to speed up the issuance of Islamic sukuk, Minister of Finance Mohammad Abu Hammour said on Thursday. http://www.halalstock.com/newsdetail.asp?hID=2041 http://www.halalstock.com/newsdetail.asp?hID=2041 insurancenewsnet.com National Bonds Corporation, the Shari'a-compliant saving scheme, has announced a strategic alliance with Emirates Post to enable customers to purchase the savings certificates from over 100 Emirates Post offices across the UAE. http://www.halalstock.com/newsdetail.asp?hID=2040 http://www.halalstock.com/newsdetail.asp?hID=2040 gazeta.kz The Abu Dhabi government-owned Al Hilal Bank is to open the first Islamic bank in Kazakhstan in the first quarter of 2010. http://www.halalstock.com/newsdetail.asp?hID=2039 http://www.halalstock.com/newsdetail.asp?hID=2039 Reuters SINGAPORE (Reuters) - Citigroup aims to win a larger share of Asia's equity capital markets and to expand in Indonesia by getting a stockbroking licence, its Asia Pacific head said on Friday. http://www.halalstock.com/newsdetail.asp?hID=2038 http://www.halalstock.com/newsdetail.asp?hID=2038 khaleejtimes.com ABU DHABI — Global sukuk sales rose to $20.15 billion in 2009 from $14.13 billion in 2008, and Malaysia accounted for about half of the sales last year, according to Dato Yahaya Abdul Jabar, the Ambassador of Malaysia to the UAE. http://www.halalstock.com/newsdetail.asp?hID=2037 http://www.halalstock.com/newsdetail.asp?hID=2037 aawsat.com Riyadh, Asharq Al-Awsat - Islam was introduced to Kazakhstan after Qutayba Ibn Muslim al Bahili became governor of the Khorasan province in 704. Al Bahili extended the Islamic conquests to territories beyond Mesopotamia. http://www.halalstock.com/newsdetail.asp?hID=2036 http://www.halalstock.com/newsdetail.asp?hID=2036 officialwire.com AlHuda- Centre of Islamic Banking and Economics – (CIBE) is honoured to give an opening to a national Road Show by conducting over 300 awareness interactive programs in Islamic Banking and Takaful http://www.halalstock.com/newsdetail.asp?hID=2035 http://www.halalstock.com/newsdetail.asp?hID=2035 indiatimes.com KOLKATA: This may come as a surprise. But Shariah or ethical funds, which are compliant with Islamic investment laws and available from only two insurers — Bajaj Allianz Life Insurance and Tata AIG Life Insurance http://www.halalstock.com/newsdetail.asp?hID=2034 http://www.halalstock.com/newsdetail.asp?hID=2034 Bloomberg March 10 (Bloomberg) -- Ithmaar Bank BSC of Bahrain plans to start tomorrow issuing rights worth $200 million to fund an expansion of its operations, according to a company statement. http://www.halalstock.com/newsdetail.asp?hID=2033 http://www.halalstock.com/newsdetail.asp?hID=2033 Yahoo! Dow Jones Indexes, a leading global index provider, today announced the results of the regular quarterly review of the Dow Jones Islamic Market Indexes. All changes will be effective after the close of trading on Friday, March 19, 2010. http://www.halalstock.com/newsdetail.asp?hID=2032 http://www.halalstock.com/newsdetail.asp?hID=2032 Reuters KUALA LUMPUR, March 11 (Reuters) - More sharia hedge funds are likely to be launched, specialising in healthcare, telecoms and technology stocks, a U.S. financial firm said, as the industry debates how far Islam sanctions such investments. http://www.halalstock.com/newsdetail.asp?hID=2031 http://www.halalstock.com/newsdetail.asp?hID=2031 Reuters DUBAI, March 11 (Reuters) - Sharia boards face increased scrutiny and criticism as high-profile corporate defaults and cautionary comments from respected scholars cast a harsh light on the fast growth of financial products touted as Islamic. http://www.halalstock.com/newsdetail.asp?hID=2030 http://www.halalstock.com/newsdetail.asp?hID=2030 Reuters JAKARTA, March 11 (Reuters) - Insurance firm Allianz Indonesia expected total premiums to rise 16 percent this year to 5 trillion rupiah ($544 million), boosted by a growing number of customers, a senior executive said on Thursday. http://www.halalstock.com/newsdetail.asp?hID=2029 http://www.halalstock.com/newsdetail.asp?hID=2029 Theedge KUALA LUMPUR: The Securities Commission of Malaysia (SC) and the Oxford Centre for Islamic Studies (OCIS) have teamed up to host an international public forum on Islamic finance following the global financial crisis. http://www.halalstock.com/newsdetail.asp?hID=2028 http://www.halalstock.com/newsdetail.asp?hID=2028 Bernama KUALA LUMPUR, March 11 (Bernama) -- Takaful Ikhlas Sdn Bhd, which offers takaful products and services, recently organised a course on Islamic finance for civil servants. http://www.halalstock.com/newsdetail.asp?hID=2027 http://www.halalstock.com/newsdetail.asp?hID=2027 Bernama KUALA LUMPUR, March 11 (Bernama) -- Takaful Ikhlas Sdn Bhd (Takaful IKHLAS)has won the award for Best Takaful and Retakaful Provider by Islamic Finance News 2009. http://www.halalstock.com/newsdetail.asp?hID=2026 http://www.halalstock.com/newsdetail.asp?hID=2026 Bernama PASIR PUTEH, March 11 (Bernama) -- The Ministry of International Trade and Industry will take efforts to assist local small and medium sized industries (SMIs) to capture the exported SMI halal food product market of Middle East. http://www.halalstock.com/newsdetail.asp?hID=2025 http://www.halalstock.com/newsdetail.asp?hID=2025 Bernama KUALA LUMPUR, March 11 (Bernama) -- Global acceptance of the Islamic brand is growing at a rapid pace based on the keen interest shown by international firms to participate in the World Islamic Economic Forum (WIEF) 2010. http://www.halalstock.com/newsdetail.asp?hID=2024 http://www.halalstock.com/newsdetail.asp?hID=2024 Bernama KUALA LUMPUR, March 11 (Bernama) -- PT Bank Muamalat Indonesia expects its Malaysian operation to double its corporate customer base by year-end from 20 currently, its Kuala Lumpur branch general manager Afrid Wibisono said on Thursday. http://www.halalstock.com/newsdetail.asp?hID=2023 http://www.halalstock.com/newsdetail.asp?hID=2023 Thestar KUALA LUMPUR: The World Islamic Economic Forum (WIEF) will provide a platform for developing, especially Muslim, countries to engage and do business with other countries, pushing their economic resurgence to much higher levels. http://www.halalstock.com/newsdetail.asp?hID=2022 http://www.halalstock.com/newsdetail.asp?hID=2022 business24-7.ae Union of Arab Banks (UAB) is close to finalising a plan to facilitate Islamic banks to approach Central Banks for liquidity support, said to a top UAB official. http://www.halalstock.com/newsdetail.asp?hID=2021 http://www.halalstock.com/newsdetail.asp?hID=2021 pakobserver.net Lahore—A national Road Show consisting of over 300 awareness interactive programmes in Islamic Banking and Takaful, covering 100 cities throughout Pakistan has been started. http://www.halalstock.com/newsdetail.asp?hID=2020 http://www.halalstock.com/newsdetail.asp?hID=2020 arabnews.com Ithmaar Bank will launch on Thursday a rights issue to help fund the planned expansion of its operations. The rights issue is part of a capital raising initiative, which includes a mandatory convertible sukuk, designed to raise a total of up to $400M