More Islamic Funds News

  • India woos Islamic funds

    The Bombay Stock Exchange (BSE), Asia's oldest bourse, launched its first Sharia-compliant stock index in December in a move that could boost offerings of exchange traded funds (ETFs) and mutual funds to tap into India's fast-expanding economy.

    Source: Gulf News - 15 Jan, 2011

  • Saudi Aramco, Total ink $1b Sukuk for Jubail JV

    JEDDAH - Saudi Aramco and France’s Total will launch $1 billion Islamic bond (Sukuk) in the Q4 to build 400,000 barrels per day crude refinery in Jubail.

    Source: Saudi Gazette - 16 Oct, 2010

  • HSBC Plans Its First Persian Gulf Shariah ETFs This Year: Islamic Finance

    HSBC Holdings Plc, the second-largest underwriter of Islamic bonds, plans to start its first Shariah- compliant exchange traded funds in the Persian Gulf, a region that is struggling to lure international investors.

    Source: Bloomberg - 07 Oct, 2010

  • Al Baraka plans $200m Islamic bond sale

    Bahraini Islamic lender Al Baraka will launch a $200 million Islamic bond sale this year to fund expansion in France, its chief executive said.

    Source: Khaleej Times - 23 Sep, 2010

  • Higher yields spur sukuk rally

    Islamic bonds have rallied in the UAE in recent weeks, spurred on by low yields of corporate and treasury bonds around the world and returning demand from global investors for Sharia-compliant finance.

    Source: The National - 08 Sep, 2010

  • Dubai Private Equity Invests in Europe With First Sukuk: Islamic Finance

    Millennium Private Equity Ltd., a Dubai government-linked investment company with about $5 billion in capital, plans to use Islamic financing for venture capital in Europe after buying the first corporate sukuk in the U.K.

    Source: Bloomberg - 02 Sep, 2010

  • Global sukuk issuance to reach $30b

    DUBAI -- The global sukuk issuance is expected to reach $30 billion in 2010 in light of the recovery in global economic activity and increasing popularity of Shariah-compliant products, according to Kuwait Finance House ?(KFH) report.

    Source: Zawya - 24 Aug, 2010

  • Islamic U.S. Mutual Funds Flocking to Malaysia Seeking Returns

    Malaysia is attracting Islamic investment funds from the U.S. seeking higher returns in Asia as growth in developed economies slows.

    Source: Bloomberg - 16 Aug, 2010

  • Singapore Targets Sukuk as Khazanah Plans Sale: Islamic Finance

    Aug. 3 (Bloomberg) -- Singapore is seeking to develop its Islamic finance market and attract investors as global growth in products that comply with Shariah law tops 20 percent annually.

    Source: Bloomberg - 03 Aug, 2010

  • Malaysia: Hub for Islamic fund firms

    Malaysia is fast establishing itself as the global hub for dedicated Islamic fund management companies. The Securities Commission Malaysia (SC), the securities regulator chaired by Zarinah Anwar, granted at the end of June 2010 the latest Islamic fund management license to Saturna Capital Corp., an American fund manager with a good track record in managing Shariah-compliant funds.

    Source: Arab News - 11 Jul, 2010

News Archive | Send your Press Release (Fund News only)

India woos Islamic funds

The Bombay Stock Exchange (BSE), Asia's oldest bourse, launched its first Sharia-compliant stock index in December in a move that could boost offerings of exchange traded funds (ETFs) and mutual funds to tap into India's fast-expanding economy.

Source: Gulf News - 15 Jan, 2011

Saudi Aramco, Total ink $1b Sukuk for Jubail JV

JEDDAH - Saudi Aramco and France’s Total will launch $1 billion Islamic bond (Sukuk) in the Q4 to build 400,000 barrels per day crude refinery in Jubail.

Source: Saudi Gazette - 16 Oct, 2010

HSBC Plans Its First Persian Gulf Shariah ETFs This Year: Islamic Finance

HSBC Holdings Plc, the second-largest underwriter of Islamic bonds, plans to start its first Shariah- compliant exchange traded funds in the Persian Gulf, a region that is struggling to lure international investors.

Source: Bloomberg - 07 Oct, 2010

Al Baraka plans $200m Islamic bond sale

Bahraini Islamic lender Al Baraka will launch a $200 million Islamic bond sale this year to fund expansion in France, its chief executive said.

Source: Khaleej Times - 23 Sep, 2010

IslamicFundsFinder.com is a specialized web portal focused on the world of Islamic Investment Funds (Shariah compliant investment funds).

All funds information on IslamicFundsFinder.com is for general information and does not constitute any form of advice, representation and recommendation. Information provided is not intended to be relied upon in making or refraining from making any specific investment or decisions. All fund information is obtained by IslamicFundsFinder.com believed by it to be accurate and reliable and is provided "as is" without warranty of any kind.