Islamic Finance MENA Edition

islamic finance

Kuwait's KFH honors Imams at the state's Grand Mosque

Kuwait Finance House (KFH) honored the Imams and Quran reciters of the State’s Grand Mosque.

uae

UAE urges scholars to take a firm stand against terrorism

Chairman of Abu-Dhabi Forum for Promoting Peace in Muslim Societies urged scholars, general public in Muslim countries to take a firm stand against devious ideologies.

asia

Securities Commission Malaysia introduces clearing as a new Regulated Activity

Securities Commission Malaysia introduced amendments to regulatory framework to include clearing for securities and derivatives as a new regulated activity.

financial services

Private bank Rothschild fined in Malaysia's 1MDB case- source

Luxembourg watchdogs have fined the local arm of Swiss private bank Edmond de Rothschild for failing to take proper safeguards against money-laundering.

asia

Malaysia's 1MDB scandal, upcoming polls pose challenge to its sovereign rating- S&P

State investment fund 1MDB is the subject of money laundering investigations in at least six countries.

islamic finance

Dubai Financial Market welcomes the listing of Orient UNB Takaful

Shares of Orient UNB Takaful listing under the trading symbol (OUTFL).

islamic finance

Morocco pushes back planned local sukuk issue to September

Morocco has pushed back its planned local sukuk issue to September so it can be in coordination with other Islamic finance measures

islamic finance

ICD, JSCB Microkreditbank cooperate to Finance SMEs in Uzbekistan

ICD and JSCB to finance SMEs in Uzbekistan.

bonds

UAE's Dana Gas re-schedules Sukuk update call

Dana Gas decided to cancel the call and re-schedule it to a more appropriate future date.

islamic finance

"Unlawful" sukuk threaten Dubai's Islamic finance ambitions

Dana Gas seeking to have $700mln sukuk declared invalid