Malaysia-based International Islamic Liquidity Management Corp (IILM) will issue a $490-million Islamic bond next week, according to a filing with the central bank.
The auction of the three-month sukuk will be on May 22. IILM last
The Islamic Financial Services Board (IFSB) will release an updated 10-year industry roadmap next week as it places greater emphasis on the implementation of its standards with regulators around the globe.
Guidelines from Kuala Lu
Intensive background checks of everyone aboard a missing Malaysian jetliner have so far failed to find anyone with a known political or criminal motive to crash or hijack the plane, Western security sources and Chinese authorities said.
Malaysia Airlines (MAS), the national carrier of the country, will reintroduce its Dubai- Kuala Lumpur return service twice daily from August 5, offering a total capacity of 282 seats in each flight.
With this, the additional seat
Etihad Airways, the national airline of the United Arab Emirates, will add a new daily flight between Abu Dhabi and Kuala Lumpur to offer a double daily service from July 15.
The new schedule will add 1,400 new seats per week to t
Turkish Airlines, the national carrier of the country, will begin Istanbul-Kuala Lumpur flights from April 25, with the Malaysian capital from marking the airline’s 222nd destination.
The roundtrip flights will be operated t
Sir Richard Branson, the Virgin Group entrepreneur, is set to serve on board as a flight attendant on an AirAsia X flight from Kuala Lumpur to Perth on May 12.
Sir Richard will shave his legs, slip into a sexy red skirt and take t
Dubai-based Emirates, one of the world’s fastest growing airlines, has augmented its South East Asia service with more daily flights from Dubai to Bangkok and Kuala Lumpur.
From March 31, the airline will operate a fifth dai
Saudi asset management company Sedco Capital’s chairman, Sheikh Abdelelah Salem Ahmed Bin Mahfouz, has been named winner of “The Most Outstanding Individual Contribution to Islamic Finance” Award for 2012.
The Islamic Financial Services Board (IFSB) released new draft guidelines on capital adequacy for Islamic banks and the risk management of takaful (Islamic insurance) companies, the industry body said in a statement on Thursday.