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IDB to launch roadshow for Istikhlaf bank soon 10/03/2010 Saudi Arabia    Bahrain The Islamic Development Bank will soon launch a roadshow to attract investment for Istikhlaf, an Islamic bank, a top banking official said here on 9, March, 2010.

Islamic Finance Moves Toward Common Standards 10/03/2010 Bahrain Regulation should help provide a basis for the industry's expansion.

QIB and Barwa Sponsors support 5th Finance & Investment in Qatar Forum in Paris 10/03/2010 France    Qatar The first wave of prestigious Qatari and French corporations sponsoring the 5th Finance & Investment in Qatar Forum (5th Finance Forum) at the Intercontinental Hotel Paris on March 25-26, 2010 have been announced by joint organizers Qatar Expo and Grey Doha in cooperation with the Ministry of Foreign Affairs.

DAAR International Sukuk Company - Principal amounts repayment confirmation 10/03/2010 Saudi Arabia DAAR International Sukuk Company confirms that, the redemption process was completed on the 8th of March 2010, The Company transferred the total value of principal amounts to the principal paying agent (Deutsche Bank) on 4th of March 2010. The paying agent completely transferred the amounts to the Sukuk holders accounts on 8th of March 2010.

Dubai Debt Crisis Not Permanent Setback To Islamic Finance, Says Mukhriz 10/03/2010 United Arab Emirates The Dubai debt crisis does not represent a permanent setback to Islamic finance eventhough the sukuk or Islamic bonds suffered a blow as potentially safer instrument than conventional.

Centennial College launches Islamic finance course 10/03/2010 Canada Centennial College is aiming to enhance Toronto’s global standing as a financial services hub with the launch of an Islamic finance course in May 2010.

Ithmaar's $200m rights issue launches soon 10/03/2010 Bahrain Ithmaar Bank will launch its $200 million rights issue tomorrow (March 11, 2010) to help fund the planned expansion of its operations.

ADIB to fund Al Dhafra activities 10/03/2010 United Arab Emirates Abu Dhabi Islamic Bank (ADIB), a leading Islamic bank in the region, said it will provide Dh300 million ($81.6 million) Islamic finance facility to Al Dhafra Cooperative Society to fund working capital and capital expenditures.

Islamic insurance execs optimistic about growth 10/03/2010 Singapore The Islamic insurance, or takaful, market is expected to see strong growth in 2010 but the industry is fraught with challenges that includes low market penetration and a lack of Syariah-compliant investment opportunities for takaful players.

Bahrain's Unicorn near Saudi asset management deal 10/03/2010 Bahrain    Saudi Arabia Bahrain-based Islamic investment bank Unicorn is close to signing a "big" mandate for asset management services in Saudi Arabia, a senior executive said on 9, March, 2010.