Monday, June 18, 2007

IIFM, Malaysia-Indonesia IF Cooperation

The International Islamic Financial Market Conference (IIFM) begins today in Bahrain. The conference is listed on the IHI site with information on the subjects covered.

A mInister in the Malaysian government, speaking at a recent conference, believes that Malaysia and Indonesia should increase cooperation on Islamic finance and halal products.

Details of the Gulf Finance House Global Depository Receipts, expected to raise between $250 and $300 million.

The sukuk conference coming soon in London will work on tightening the rules on commodity murabaha, particularly ensuring that the funds are used in a Shari'ah-compliant manner.

The Arab American News provides a summary of the two-day conference before the Canadian convention of ISNA.

No comments: