Islamic Finance News- MALAYSIA: Kesas receives ‘AA2/Stable’ rating reaffirmation on RM735 million (US$180.74 million) Sukuk Musharakah
- MALAYSIA: Celcom Networks maintains ‘AA+IS’ rating on RM5 billion (US$1.23 billion) Sukuk Murabahah program
- MALAYSIA: Alpha Circle receives Sukuk rating outlook boost following improvement in volume of foreign worker permits
- SRI LANKA: Amana Bank strikes partnership with MegaPay to facilitate public donations via payment kiosks
- MALAYSIA: RAM reaffirms ‘AAA(bg)/Stable’ rating on EKVE’s guaranteed Sukuk Murabahah facility
- BAHRAIN: National Bank of Bahrain successfully closes acquisition of Bahrain Islamic Bank
- GLOBAL: AAOIFI issues final standard on code of ethics for Islamic finance professionals
- SAUDI ARABIA: Allied Cooperative Insurance Group to reduce capital by canceling shares; plans to issue priority rights shares following capital reduction exercise
- UAE: Al Ramz Corporation Investment & Development acquires SHUAA Capital’s market-making business
- UAE: Al Hilal Bank to sell Al Hilal Takaful to Siraj Holding
Tag Archives: Forex Trading
Forex Trade and Islamic Viewpoint
Salman Ahmed Shaikh The top most priority of an Islamic investor is to earn Halal income and avoid such sources of earning income and indulging in transactions which are prohibited in Islamic faith. Trading in foreign currencies offers a very … Continue reading
