Tag Archives: Islamic Finance

Palestinians Woo Banks With Islamic Finance: First Sukuk Bills

In an attempt to develop a Shariah-compliant finance industry, the Palestinian Central Bank is enticing local banks to its first issuing of Islamic bills. The largest Shariah-compliant bank in the territories, the Palestine Islamic Bank, will submit a bid of up to $10 million, which the Arab Islamic Bank said it would probably participate in.… Continue Reading