Category: Halal World
Islamic Bond Investment opportunities
The following borrowers are expected to sell Islamic bonds, which use asset returns to pay investors to comply with the religion’s ban on interest. Global sales of sukuk climbed to $18.1 billion in 2011, from $12.7 billion a year earlier,
Turkey to sign cooperation agreement with Indonesian Ministry of Economy
Chairman of Turkey’s Independent Industrialists and Businessmen’s Association (MUSIAD), Omer Cihad Vardan, said Wednesday that the Indonesian Ministry of Economy would sign a cooperation agreement with the MUSIAD. In a written statement released Wednesday, Vardan said that 120 Turkish businesspeople
Malaysian Islamic insurer will expand to Indonesia
Malaysian Islamic insurer Great Eastern Takaful will expand to Indonesia and Brunei to tap the Muslim market for sharia-compliant products, its chief executive officer said on Monday. The company, which is owned by a subsidiary of Singapore’s Great Eastern Holdings
Iran, Indonesia to Boost Cooperation in Bourse, Private Sector
Iran and Indonesia agreed to boost mutual cooperation in the capital market and set up joint private companies in a bid to bolster economic ties and cooperation. Speaking to reporters after a meeting with visiting Chairman of the House of
Islamic loans helps Indonesia’s small business
Islamic loans targeting Indonesian small businesses have grown to dominate Shariah-compliant credit in the world’s most-populous Muslim nation, prompting the country’s biggest banks to expand. PT Bank Syariah Mandiri is adding branches in Java and Sumatra to offer so-called microfinance
Jakarta Decleration on Halal Standards
WE, THE PARTICIPANTS of the ‘International Meeting on Halal Standards’ held on the 25th day of July 2010 in Jakarta – Indonesia, realizing the need to formulate and adopt a uniform world Halal Certification Standards for the Halal Certification Bodies/Authorities
