Thursday, March 27 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full PDF version of the briefing click here:
TOP STORIES
IFG Blog: UK Sovereign Sukuk issuance: Prospects and Challenges by Mufti Barkatulla
KFH-Bahrain & Meethaq Islamic Banking Group Sign MoU to Promote Mutual Islamic Banking Opportunities
Kuwait Finance House - Bahrain and Meethaq Islamic Banking Group, the Islamic window of Bank Muscat, signed a Memorandum of Understanding that aims to support joint business opportunities in the Islamic Banking sector. - Press Release - Zawya Islamic
Hong Kong passes Islamic bond bill, paves way for $500 million sukuk
Hong Kong lawmakers passed a bill on Wednesday that will allow the AAA-rated government to raise around $500 million via sukuk, or Islamic bonds. - RTRS
Bank of England may broaden Islamic liquidity tools
The Bank of England is studying ways to increase the number of sharia-compliant assets that Islamic financial institutions can use in their liquidity buffers, a step towards reducing concentration risks in the sector. - RTRS - Zawya Islamic
Qatar Islamic Bank says may buy stake in Turkey's Bank Asya Qatar Islamic Bank (QIB) has entered into exclusive discussions to acquire a stake in Turkey's Bank Asya, the Qatari lender said in a statement on Wednesday. - RTRS - Zawya
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(Prepared by Tina Kwan) A service of Thomson Reuters and Zawya Islamic Finance Gateway. The contents of this Briefing are independently compiled by the Thomson Reuters and Zawya Islamic Finance Gateway Service, a business of the Global Growth and Operations Division. While material is drawn from Reuters News and other sources, Reuters has not participated in the selection of these articles.
