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Malaysia and Bahrain could move Islamic financial instruments to a higher plateau if the financial hubs of both countries could be connected, said Second Finance Minister Datuk Dr Jamaludin Jarjis.
ISLAMIC Development Bank (IDB), which views Malaysia as a potential regional Islamic hub, will continue to provide loans and technical expertise to expedite the development of infrastructure, trade and financial services projects in the country, president Dr Ahmad Mohamad Ali said.
Citi, the rebranded Citigoup, is confident of maintaining its global market leadership in the underwriting of Islamic finance owing, among others, to its global distribution platform and the ability to structure quality deals.
KABUL (Reuters) - Afghanistan, which has only a semblance of a capital market, intends to sell Islamic bonds as it braces for a possible sharp fall in Western financial support as the war against the Taliban winds down, a senior central bank official said this week.