Islamic bond

The global coronavirus pandemic has hit airlines hard, bringing travel almost to a grinding halt for months.

More than one sovereign could tap the Islamic bond market to raise funds for climate-friendly investments, Rafe Haneef, Chief Executive of CIMB's Islamic banking arm told Reuters in an interview.

Sources say Saudi Aramco, as the company is known, will sell riyal-denominated Islamic bonds, or sukuk, as early as the second quarter.

1MDB rubbished claims pertaining to Bandar Malaysia's Sukuk programme as "irresponsible" since the proceeds from the Islamic bond was properly utilised.

Following the decision to buy 1Malaysia Development Berhads(1MDB) largest stake in a power plant project, Tenaga Nasional Berhad (TNB) now intends to raise about RM10 billion in an Islamic bond issue

Syarikat Takaful Malaysia Bhd today confirmed the purchase of a RM85 million Islamic Bond in 2009 from 1MDB.

Khazanah Nasional Bhd is considering the issue of sukuk or Islamic bonds in Eastern Europe following the opening of its office in Istanbul, Turkey, last November.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.