Wednesday 13, August 2008 by

Islamic Development Bank establishes first local currency Sukuk programme in Malaysia

The Islamic Development Bank (IDB) has signed a RM 1 billion Sukuk programme. Bank Negara Malaysia, the Securities Commission and the Ministry of Finance have already given their approval for the establishment of the programme and the issuance of the Sukuk.

Features & Analyses

Investments Boosting Bahrain's biscuits

Alan Smith, Managing Director, Gulf and Pakistan, Mondelez International discusses the company's $90 million investment in a Bahraini… read more