Posts Tagged ‘islamic’
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Brent Crude Declined Amid Middle East Tension; WTI Fell

by Forex Rooton August 12, 2014 1:43 pm GMT
WTI for September delivery fell as much as 98 cents to $97.10 a barrel in electronic trading on the New York Mercantile Exchange. Prices are down 1 percent this year. Brent crude declined for a third day to its lowest in nine months as the IEA said a supply glut was shielding the market against […]

Islamic Finance Attracts Non Muslim Students in Asia

by Forex Rooton August 7, 2014 10:25 am GMT
Demand for Shariah Finance training from non-Muslims rose more than fourfold in the past seven years as students seek to enter an industry whose assets are set to double to $3.4 trillion by 2018. Malaysia’s International Centre for Education in Islamic Finance had 2,000 people enrolled on its courses this year, of whom about 14 […]

Gains in Emaar Boost Dubai’s Stocks

by Forex Rooton July 27, 2014 9:51 am GMT
Emaar shares rose to 9.70 dirhams, set for the biggest advance in a week. DIB gained to 7.29 dirhams. Shares in Dubai ended a three-day losing streak, led by gains in Emaar (EMAAR) Properties PJSC amid bets the developer’s second quarter earnings will exceed investor expectations. Dubai-based property and construction companies are benefiting from a […]

Dubai said to sell Sukuk; debt 30-Year bonds amid rally

by Forex Rooton January 23, 2013 5:08 am GMT
Dubai raised $1.25 billion in 10- year sukuk and its first 30-year bonds as the Persian Gulf emirate took advantage of tumbling borrowing costs, according to six people familiar with the matter. The government sold $750 million in Islamic bonds at 3.875 percent and $500 million in 30-year notes at 5.375 percent, according to the […]