Tuesday 5 May 2015

Islamic Finance Gateway Daily Briefing

Tuesday, May 5 - 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/1KIzrph under IFG Briefings Subject. TOP STORIES Digicel's Myanmar deal adds to Islamic finance landscape


Cellular operator Digicel Group Ltd has obtained $60 million in sharia-compliant financing for its Myanmar venture, helping widen the reach of Islamic finance transactions as the sector continues to expand into new markets. - RTRS MIDEAST MONEY-Booming Saudi fund sector offers foreigners access to IPOs


A regulatory drive to reduce the volatility around initial public offers of shares is bolstering the Saudi funds sector and also creating an opportunity for international investors to sidestep the kingdom's foreign ownership restrictions. - RTRS Saudi sets ownership caps as $575 bln bourse opens to foreigners


Foreign investors can own no more than 10 percent of Saudi Arabia's stock market by value, the regulator said on Monday as it announced rules opening the $575 billion bourse to direct foreign investment next month. - RTRS ------------------------------------------------------------ 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. To subscribe to the IFG Briefings use this link: http://online.thomsonreuters.com/ifg To subscribe to the IFG Community, use this link: https://www.zawya.com/zawya-islamic-community We value your feedback, contact us at IFG@thomsonreuters.com (Prepared by Tina Kwan) A service of Thomson Reuters and Zawya Islamic Finance Gateway. The contents of this Briefing are independently compiled by the Thomson Reuters and Zawya Islamic Finance Gateway Service, a business of the Global Growth and Operations Division. While material is drawn from Reuters News and other sources, Reuters has not participated in the selection of these articles.




http://www.information.myanmaronlinecentre.com/islamic-finance-gateway-daily-briefing/

No comments:

Post a Comment