Wednesday, June 13, 2012

News on Islamic Finance for 13 June 2012

OMAN: National Bank of Oman receives approval to start Islamic banking window operations

SAUDI ARABIA: Saudi Aramco and Dow Chemical Company joint Sukuk program will only be marketed in 2013

INDONESIA: Government raises US$84.48 million of project-based Sukuk

MALAYSIA: Malaysia Building Society signs four-year licensing deal with global content provider, IDOTTV

EGYPT: Muslim Brotherhood’s Freedom and Justice Party proposes to increase Islamic bank’s market shares

SAUDI ARABIA: Islamic Corporation for the Development of the Private Sector launches US$600 million food fund

MALAYSIA: Hong Leong MSIG Takaful expects US$1.57 million in revenue from new product offering


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