Friday, July 27, 2007

CSR, takaful, Islamic indexes & wire transfers

Islamic values support corporate social responsibility.

MSCI Barra will launch the Islamic indexes which it announced in April.

UAE-based Dana Gas decides to postpone its convertible sukuk it announced in June due to 'global credit market weakness'.

U.K. Muslims prefer takaful, but most specify that their demand is based not only on Shari'ah-compliance, but also cost and level of cover.

Western Union will offer wire transfer services in Jordan through the Jordan Islamic Bank.

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