13.10.2010 - Shariah money markets expand with global bills
From Bloomberg: The first global Shariah-compliant money-market securities may be sold early next year, providing Islamic banks with more opportunities to invest reserves and boost profits. The bills to be issued by Kuala Lumpur-based International Islamic Liquidity Management Corp. will help improve investment across borders, according to an Oct. 7 statement from the Islamic Financial Services Board, a standard-setting body..............................................Full Article: Source
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