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Djibouti sees Islamic finance sector expanding, aims for sukuk November 2, 2016
Djibouti expects to see new entrants in its Islamic finance sector and the government plans to work on a framework to allow the use of sukuk, or Islamic bonds, to fund infrastructure projects, its central bank governor said.
Standard Chartered looks to Africa, Brunei for Islamic growth November 1, 2016
Standard Chartered's Islamic division is seeking banking licences in three African countries in order to offer its services to the continent's large Muslim population.
Dubai picks bank to arrange $3bln airport financing November 1, 2016
The funds will come from a variety of sources and will include conventional and Islamic tranches.
Indonesia sells $273 million of Islamic bonds November 1, 2016
Indonesia's finance ministry sold IDR3.56 trillion ($273.01 million) of Islamic bonds at an auction.
Saudi secretary-general of Organization of Islamic Cooperation resigns October 31, 2016
The resignation comes two days after Egypt's foreign minister condemned remarks by Madani that appeared to mock Egyptian President Abdel Fattah al-Sisi.

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