Tuesday, 16 June 2015

Islamic Finance Gateway Daily Briefing

The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. You can view the full IFG briefing http://tmsnrt.rs/1QxVs0o under IFG Briefings Subject. TOP STORIES CEO of Turkey's largest Islamic bank quits as competition grows - RTRS
Turkiye Finans, the largest Islamic bank in Turkey, told regulators that its chief executive Derya Gurerk had resigned from his position on Friday, an unexpected move at a time of growing competition in the sector. Saudi's Najran Cement sells 400 mln riyal five-yr sukuk - statement - RTRS - Zawya Islamic
Saudi Arabia's Najran Cement has raised 400 million riyals ($106.7 million) through an Islamic bond of five years duration, it said in a statement on Sunday. 
The Islamic Finance Briefings cover all the latest news, data, quotes and industry announcements you need. They also include Islamic Interbank Benchmark Rates, major FX and equity market movements and indicators for all sharia-compliant asset classes.
(Yahoo News / 15 June 2015)
Alfalah Consulting - Kuala Lumpur: www.alfalahconsulting.com
Islamic Investment Malaysia: www.islamic-invest-malaysia.com

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