Global IF News
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INTERVIEW: Musa Hitam, the chair of the jury panel of The Royal Award for Islamic Finance
The Royal Award for Islamic Finance (The Royal Award) is one of the most prestigious awards in Islamic finance, honoring some of the most outstanding luminaries in the industry for their unparalleled contributions.
22 Mar 2022
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press release
The IILM reissues USD 1.2 billion short-term Ṣukūk
The International Islamic Liquidity Management Corporation (IILM) has successfully reissued a total of USD 1.2 billion short-term “A-1” rated Ṣukūk across three different tenors of one, three, and six-month respectively.
15 Mar 2022
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news
Empower halal cosmetics sector
Malaysia is under the spotlight from the perspective of the halal pharmaceutical market. Pharmaceuticals account for about one-third of all halal-certified products worldwide. The global halal pharmaceutical market is currently worth US$300 billion.
15 Mar 2022
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news
Global Islamic funds market grows 300% in decade - report
The global Islamic funds market has grown by more than 300% over the last decade to nearly reach $200 billion in assets under management, the Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) said on Wednesday.
28 Jan 2022
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news
Pakistan raises $1 bln, offers highest-ever rate for a sukuk of 7.95%
Pakistan has raised $1 billion with a 7-year sukuk, offering an interest rate of 7.95%, the highest return the South Asian nation has ever paid on an Islamic bond, a finance ministry official said on Tuesday.
26 Jan 2022
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news
Global Islamic sukuk grew by 36.1% in 2021, reaching $252.3 bln: Fitch Ratings
The total Islamic bonds (sukuk) issued in 2021 worldwide grew significantly by 36.1 percent Y-o-Y to reach $252.3 billion, with central banks, governments, and multilateral institutions dominating sukuk issuances, Fitch Ratings said on Tuesday.
12 Jan 2022
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