Thursday, October 12, 2006

Malaysian Vacation Takaful, European Islamic Finance Classes, QREIC Murabaha Facility

"DIFX Academy and Ecole Superieure des Affaires (ESA) plan training collaboration", AMEInfo, October 12, 2006

The two organizations plan to provide training in Islamic finance in Europe beginning in November 2006 with more classes added in early 2007. The ESA collaboration with the DIFX Academy will also provide courses in derivatives.

"Takaful Malaysia launches vacation scheme", Business Times (Malaysia), October 12, 2006

Syarikat Takaful Malaysia Bhd has begun offering vacation insurance that is Shari'ah-compliant. The insurance covers participants when they are on vacation domestically or internationally and covers accidental death & permanent disablement. It also will cover household belongings in the event of theft while the participant is on vacation.

"QREIC expands financing sources with HSBC Amanah and Masraf Al Rayan", AMEInfo, October 12, 2006

The Qatari company that recently concluded a sukuk, the Qatar Real Estate Investment Company (QREIC) has just signed a US$105 million Murabaha (cost-plus) facility with HSBC Amanah, the bank's Islamic window, and Masraf Al Rayan.

1 comment:

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