IslamicFinance.de

MAA Takaful's CEO had proclaimed the confidence of the group to maintain the market leadership in the segment of investment-linked business. As he said, it is not the size of agency staff but rather its professionalism and productivity that should move the investment-linked segments forward. This is why the group is going to double its agents' productivity in upcoming years.

See more under: http://biz.thestar.com.my/news/story.asp?file=/2012/10/1/business/120750...

Pembinaan BLT plans to sell 10 billion ringgit of Islamic bonds to fund upgrades to national police facilities.
The sukuk issuance will be the biggest in the Southeast Asian nation in more than three years.
The sukuk program will have a maturity of up to 25 years, with CIMB Investment Bank acting as principal adviser and lead arranger.

Malaysia's government-owned Pelaburan Hartanah Bumiputra launched an investment trust in order to encourage its majority Muslim Malays to invest more in property.
The sharia-compliant Real Estate Investment Trust (REIT) would allow Muslim Malays and indigenous groups to increase their stake in real estate assets.
As part of the plan the government would roll out programmes to enhance bumiputra capabilities.

The Islamic Financial Services Board will organize two seminars in December 2010. The two seminars will include:
1) the legal issues in the Islamic financial services industry;
2) the role of Islamic finance in the development of Africa.
The Seminars are open for participation by the IFSB member organisations, as well as the business, legal, and financial community at large.

Dallah Albaraka Group chairman and founder Shaikh Saleh Abdullah Kamel has been awarded the 2010 Royal Award for Islamic Finance.
Shaikh Saleh was awarded the accolade for his visinary drive, extraordinary leadership and personal commitment in spurring global accessibility of Islamic finance.
The Royal Award is spearheaded by the Malaysia International Islamic Financial Centre and supported by Bank Negara and the Securities Commission.
The seven-member jury comprises eminent individuals, syariah scholars, academicians and Islamic finance practitioners from Asia, Europe, the Middle East and the United States.

First Sovereign Advisory Sdn Bhd (FSA) aims to make financial freedom a reality by offering syariah perspective financial planning, which includes zakat planning. FSA is the first Islamic value-based financial adviser firm licensed by Bank Negara Malaysia and the Securities Commission in Malaysia. The company's business model is based on fair sharing formula between the company and its financial advisor representatives as well as with capital market service representatives. It also has license to offer other services like portfolio management and tax planning.