Russian Muslim majority region to take first step into Islamic finance with issuance of sukuk in Jun
KAZAN : Hoping to attract Arab capital, Russia will take its first step into the world of Islamic finance in June by issuing sukuk, Islamic bonds which comply with Muslim religious rules.
Source: New Sabah Times
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Rajhi announces groundbreaking sukuk issuance
AMMAN -- Al Rajhi Cement Company on Tuesday became the first company in Jordan to tap Islamic sukuk to finance its operations in the Kingdom.
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Danajamin Announces Issuance Of TSH Sukuk Musyarakah's Islamic Medium Term Notes Programme
KUALA LUMPUR, April 4 (Bernama) -- Danajamin Nasional Bhd, Malaysia's financial guarantee insurer, has announced the issuance of the first tranche of TSH Sukuk Musyarakah Sdn Bhd's 11-year RM100 million...
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Jollibee gets majority stake in US food chain
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J.P. Morgan Prices Samurai Bond Issuance
TOKYO -- J.P. Morgan Chase & Co. offered 111.1 billion yen ($1.33 billion) worth of five-year samurai bonds Tuesday via fixed- and floating-rate tranches, according to reports, the first such issuance...
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Panel majority raps Greenspan for U.S. financial crisis
A deeply divided U.S. panel looking into the recent financial crisis issued a scathing critique of the culture of deregulation. The report includes a claim by Federal Reserve chairman Ben Bernanke that...