Monday, January 26, 2009

News Bullets

  • Paradigm Mortgage Services is the first company to be selected to offer products from the Islamic Bank of Britain.
  • Japan-based Bank of Tokyo-Mitsubishi UFJ wants to take a leadership role in the global Islamic finance market.
  • Takaful premiums in the GCC are expected to grow fivefold in the next 10 years
  • The CBB salam sukuk was oversubscribed by over 400%. This is the largest oversubscription I can remember in several months which could indicate the beginning of an unfreezing of the sukuk market.

No comments: