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AlHuda CIBE and ASASAH sign MoU to flourish Islamic Microfinance Products
AlHuda CIBE (Centre of Islamic Banking and Economics) signs MoU with ASASAH to render its services for Islamic Microfinance Product Development that is a step forward for the poverty reduction in Pakistan rightly in line with the Islamic regulations. Under this prestigious agreement, Alhuda CIBE will operate manuals....
 
Zubair Mughal, CEO AlHuda CIBE & Tabinda Jafrey, CEO ASASAH are Signing MOU for IMPD
 
 
 
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Malaysian regulator updates Islamic stocks list
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KUALA LUMPUR, Malaysia's capital market regulator said on Monday it has revised its list of Islamic stocks to add 13 counters and drop four. In a regular review which is done twice a year, the Securities Commission said it has included mobile phone firm Maxis Bhd, shoe sole maker Multi Sports Holdings , property company TA Global Bhd, ship builder TAS Offshore Bhd and nine others to the list.

It dropped property developer Country Heights Holdings Bhd , can maker Kian Joo Can Factory Bhd, confectionery manufacturer Pan Malaysia Corporation Bhd and hotel operator Pan Malaysia Holdings Bhd.

A total of 846 counters, or 88 percent of shares listed on Malaysia's stock exchange, satisfy the sharia's rules on investing, the Securities Commission said in a statement.

The full list of Islamic stocks is available on the Securities Commission's website at www.sc.com.my.
 
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