Islamic Finance UAE Edition
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Dubai Islamic Department registered 38 fundraising violations in emirate
The Office of Zakat and Charity Affairs in IACAD issued the report on the violations as part of its measures to monitor donation boxes
Nasdaq Dubai welcomes listings by DP World of $1bln Sukuk, $300mln bond
The $300mln conventional bond that listed today was a tap issuance on a $1 billion bond that DP World issued in September 2018.
Dubai Islamic Bank Q2 profit jumps 14%
The Islamic lender announced a 12.78% year-on-year rise in its first half net income
Consolidation on cards for UAE, Saudi islamic insurers over stricter capital norms
Saudi regulator is assessing plans to increase minimum capital requirements for primary insurers to 500 million Saudi riyals, which is five times the current amount
Emirates Strategic Investments Co readies debut dollar sukuk sale
Standard Chartered and First Abu Dhabi Bank as coordinators for the planned five-year Islamic bond sale
DP World set to raise $1.3bln in bonds and sukuk
The company is also reopening an existing conventional bond, due in 2048
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