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.
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