Gaza’s ruling Hamas militant group said Saturday that a man who was gunned down in Malaysia was an important member of the organization, accusing Israel of being behind the brazen killing. Hamas said Palestinian engineer Fadi al-Batsh was a “loyal” member and a “scientist of Palestine’s youth scholars.” It gave …
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Islamic bonds or popularly called as sukuk offers a sweet spot in an otherwise dull bond market, which many analysts think the 35-year old bull run will come to an end amid rising rates. That’s because of its demand, supply and macro fundamentals, according to Giorgio Medda, Mena & Turkey …
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The Grand Imam of Al-Aqsa Mosque Sheikh Ekrima Said Sabri has commended Malaysia, under the leadership of Prime Minister Najib Razak for its continuous efforts in assisting the Palestinian Muslims, especially in the liberation of the holy mosque. Sheikh Ekrima, who is also former Palestine mufti, said he also praised …
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The global Islamic insurance (takaful) industry has strong growth prospects across relatively new markets in Africa and south-east Asia, with significant Muslim populations, as well as core markets such as the GCC, Malaysia and Turkey, according to analysts. In light of the industry’s strong growth prospects, the World Takaful Conference …
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Mubadala Petroleum and its partners will invest more than $1 billion (Dh3.67 billion) in the development of an offshore gasfield in Malaysia with first gas expected by third quarter of 2021. According to an announcement on Wednesday, the Pegaga gasfield development in Block SK 320 will be taken up by …
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Saudi Arabian Oil Co. and Malaysia’s state-owned oil firm are close to raising an $8 billion loan to partly finance the construction of a planned refinery and a petrochemical complex in the Southeast Asian nation, people familiar with the matter said. Aramco and Petroliam Nasional Bhd could sign the loan …
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Kim Jong Un wanted to assassinate his half-brother in the most “gruesome” and public way possible earlier this year to “horrify the rest of the world” and instill fear among his doubters, according to a Monday report. The daring assassination of Kim Jong Nam in February undertaken by two prostitutes …
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Reuters – Indonesian investigators may release some initial findings next week into last month’s crash of any AirAsia passenger jet that killed 162 people, but the full preliminary report will not be made public, a government official said on Wednesday. The Airbus A320-200 vanished from radar screens on Dec. 28, …
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