The agreement marks the first time that the ICBC Financial Leasing, a wholly owned subsidiary of the Industrial and Commercial Bank of China (ICBC) has worked with an Islamic institution. »
The Bloomberg Sukuk Market Return Index (BMSSUTR) inched up 0.06% W-o-W (vs. -0.08% in week prior) to 119.90, bringing YTD returns to 1.44%. »
As part of the IFSB summit being held in Almaty, Kazakhstan, Islamic Finance and the G20 Agenda seminar will be held on 19 May. »
The Islamic Financial Services Board (IFSB) is preparing for its annual summit in high spirits as Islamic finances continues to make inroads in non-Muslim majority countries. »
A report released by the MIFC presents an overview of the Sukuk market during the first quarter of 2015. »
A Handbook on Securities Statistics released by the International Monetary Fund has defined common Islamic financial instruments. »
London based Gatehouse Bank has announced the acquisition of Fountainbridge, a student accommodation property located in Edinburgh, United Kingdom for £20.0 million. »
The sector displays steady growth in Brunei supported by regular issuance of short term Government sukuk, and by Bank Islam Brunei Darussalam. »
Sukuk issuances in April 2015 declined in terms of both value and number; by value decreased 84% y-o-y to USD0.7bn. »
The Manchester office aims to serve mid-market companies in the North of England, where it has provided financing totalling £50 million over the past year. »
