Monday , March 27 2017

Banking

IILM to sell US$1.34bn of bills in biggest Islamic offering

Bloomberg International Islamic Liquidity Management Corp., which counts nine central banks as its shareholders, plans to sell $1.34 billion of three-month bills in its biggest offer since being set up in 2010 to support Shariah-compliant financial activity. The Kuala Lumpur-based institution, which added two more primary dealers to its existing ...

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Islamic investors need integrated reporting, better governance: Experts

LEsAD

Kuala Lumpur / EMIRATES BUSINESS Islamic finance is complementary to and a major enabler of making responsible investing more ubiquitous across emerging markets – and Asia is leading the way – but integrated reporting and governance remains gap for many investors. To attract long-term capital, many companies in Asia are ...

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