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AlHuda CIBE Participated as Communicator Partner in First international Conference on Islamic Banking in Russia.  
On the 17-18 of March of 2009 in Moscow there took place the First International Conference “Islamic Banking: specific & perspectives”. BankConference Company is the organizer and initiator of this event while ALHUD Centre of Islamic Banking and Economics participated as communicator partner.
 
Zubair Mughal, CEO AlHuda CIBE is Delivering Presentation in “First International Conference on Islamic Banking in Russia” at Moscow on 18th March,09.
 
 
 
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CBB Sukuk Al-Salam Securities Over Subscribed
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The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been over subscribed by 300 %.

Subscriptions worth BD18 million were received for the BD6 million issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 4 March 2009 and matures on 3 June 2009, is 1.07%.

The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.94 of Sukuk Al-Salam securities.

 
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