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Awqaf South Africa and AlHuda-CIBE sign an MOU at Johannesburg
AWQAF SA and Pakistan based Al Huda Centre of Islamic Banking and Economics (Al Huda CIBE) formally entered into a Memorandum Of Understanding (MOU) at Gallagher Estate, Sandton , Johannesburg, at the closure of the International Conference on Islamic Banking and Finance in Africa organized by AlHuda CIBE.....
 
Mr. Zuair Mughal, CEO Alhuda CIBE & Mr. Zeniel Kajee CEO Awqaf South Africa at MOU signing Ceremony
 
 
 
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Ministry of Finance Malaysia issues $100m worth of sukuk
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THE Ministry of Finance announced the pricing for its 42nd and 43rd issuances of short-term Sukuk Al-Ijarah securities. Series 42 and 43 total up to $100 million, divided into $70 million and $30 million respectively.
The bonds carry a maturity period of 91 days, although Series 42 floats a rental rate of 0.38 per cent, beginning on March 25, 2010 with a maturity date of June 24, 2010. Series 43 begins maturity on April 1, 2010, ending on July 1, 2010 and floats a slightly lower rental rate of approximately 0.35 per cent.

 

 
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