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Business 15 Mar 2004 | 12:00 AM

MARC upgrades First Global Sukuk rating

MARC International has upgraded the rating on First Global Sukuk Inc's Serial Islamic Lease Sukuk Issuance of up to US$368mil to I>AIS /I>from I>BBB+IS/I>.

Business 12 Mar 2004 | 12:00 AM

HSBC wins awards for Islamic finance

Financial magazine I>Euromoney /I>has named HSBC 'Best International provider of Islamic Financial Services' and 'Best International Sukuk House' in its annual Islamic Finance Awards.

Business 29 Feb 2004 | 12:00 AM

Set up halal base, Saudis urged

Saudi investors have been invited to explore the possibility of joining hands with Malaysia parties in establishing I>halal /I>food production bases in Malaysia for the Asian and global markets.

Business 13 Feb 2004 | 12:00 AM

CIMB Securities corrects its last great weakness

WITH its planned purchase of TA Enterprise Bhd's stockbroking business, CIMB Securities Bhd has corrected its last great weakness - the absence of a large retail presence.

Business 05 Feb 2004 | 12:00 AM

LFX set to double market capitalisation this year

THE Labuan International Financial Exchange (LFX) is set to double its market capitalisation this year with the expected listing of 20 instruments worth US$3bil.

Business 29 Jan 2004 | 12:00 AM

Qatar Sukuk pushes up LFX market cap to US$3bil

THE listing of the inaugural Sukuk by the Government of Qatar on the Labuan International Financial Exchange (LFX) yesterday increased the market capitalisation of the exchange to US$2.95bil.

Business 21 Jan 2004 | 12:00 AM

LFX and IIFM to jointly develop Islamic capital market

THE Labuan International Financial Exchange (LFX) and Bahrain-based International Islamic Financial Market (IIFM) are to jointly develop an Islamic capital market with enhanced global reach.

Business 15 Jan 2004 | 12:00 AM

Zeti: Ensure stability in Islamic finance system

BANK Negara governor Tan Sri Dr Zeti Akhtar Aziz has called for greater cooperation among regulators to ensure the Islamic financial system is not subject to vulnerabilities and abuses.

Nation 05 Jan 2004 | 12:00 AM

Ensuring pilgrims’ safety

MALAYSIANS going to Mecca during the current haj season have been told not to bring along flags and any form of literature connected to political parties in the country.