http://www.1stethical.com/xml/news.asp Latest news updates from 1st Ethical en-gb KUALA LUMPUR, Nov 21 (Reuters) - DBS Asset Management Ltd Singapore and investment bank Hwang-DBS Malaysia have set up an Islamic fund managment firm, the new company said. The new firm, Asian Islamic Investment Management, will be launched on Nov 28. DBS Asset Management is a unit of Singapore's DBS Group . (To read more Reuters stories on Islamic finance, click on ) (Reporting by Liau Y-Sing) ... Fri, 21 Nov 2008 08:22:43 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12c2pt4sd/*http%3A//www.iii.co.uk/news/?type=afxnews&articleid=7028325&action=article http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12c2pt4sd/*http%3A//www.iii.co.uk/news/?type=afxnews&articleid=7028325&action=article MUMBAI: India’s Reliance Capital Ltd will launch Islamic funds in Malaysia in about eight months following an approval it got to set up an asset management company (AMC), a top official said. Fri, 21 Nov 2008 06:16:48 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=13i5ohl78/*http%3A//www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_bd58b201-cb73c03a-10bbd420-4b24c317 http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=13i5ohl78/*http%3A//www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_bd58b201-cb73c03a-10bbd420-4b24c317 (RTTNews) - Thursday, the Indian market fell sharply in-line with the rest of the global markets as fears of a prolonged global recession daunted investors. Thu, 20 Nov 2008 11:48:58 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=11mc9j4vk/*http%3A//news.ino.com/headlines/?newsid=112020080377 http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=11mc9j4vk/*http%3A//news.ino.com/headlines/?newsid=112020080377 (Add details, background, byline) Thu, 20 Nov 2008 08:04:38 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12njdi45t/*http%3A//malaysia.news.yahoo.com/rtrs/20081120/tap-india-reliancecapital-c3bb44c.html http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12njdi45t/*http%3A//malaysia.news.yahoo.com/rtrs/20081120/tap-india-reliancecapital-c3bb44c.html KUALA LUMPUR, Nov 20 (Reuters) - Malaysian stocks are expected to open lower Thursday after Wall Street plunged to its lowest level in five-and-a-half years on fears of a protracted downturn in the economy. Thu, 20 Nov 2008 01:08:19 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12s1tiso2/*http%3A//www.iii.co.uk/news/?type=afxnews&articleid=7024908&subject=markets&action=article http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12s1tiso2/*http%3A//www.iii.co.uk/news/?type=afxnews&articleid=7024908&subject=markets&action=article KUALA LUMPUR, Nov 20 (Reuters) - Here are the news stories and factors that may affect the Malaysian stock market on Thursday. --------------MARKET SNAPSHOT @ 2329 GMT---------------------- Wed, 19 Nov 2008 23:52:17 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12cjp4gta/*http%3A//www.iii.co.uk/news/?type=afxnews&articleid=7024871&action=article http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12cjp4gta/*http%3A//www.iii.co.uk/news/?type=afxnews&articleid=7024871&action=article KUALA LUMPUR, Nov 19 (Reuters) - A ruling forbidding repurchase agreements in some Islamic bonds will help develop Islamic finance, an industry body said on Wednesday, offering support for a controversial view that has roiled the sukuk market. The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) said late last year about 85 percent of sukuk, or Islamic bonds, did ... Wed, 19 Nov 2008 09:53:44 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12s2pd0kf/*http%3A//www.iii.co.uk/news/?type=afxnews&articleid=7023027&subject=markets&action=article http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12s2pd0kf/*http%3A//www.iii.co.uk/news/?type=afxnews&articleid=7023027&subject=markets&action=article KUALA LUMPUR: Islamic banking is set to rise from its modest two per cent share of UK bank assets as the government encourages growth and British Muslims overcome their suspicion, Sharia lender Gatehouse Bank said yesterday. Wed, 19 Nov 2008 01:06:29 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12hp07l4l/*http%3A//www.gulf-daily-news.com/Story.asp?Article=235094&Sn=BUSI&IssueID=31244 http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12hp07l4l/*http%3A//www.gulf-daily-news.com/Story.asp?Article=235094&Sn=BUSI&IssueID=31244 Tue 18 Nov, 2008 10:41 Tue, 18 Nov 2008 10:52:16 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12ricibia/*http%3A//www.iii.co.uk/news/?type=reutersnews&articleid=TRE4AH3DR&feed=Bus&action=article http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12ricibia/*http%3A//www.iii.co.uk/news/?type=reutersnews&articleid=TRE4AH3DR&feed=Bus&action=article Islamic banking is set to rise from its modest 2 percent share of bank assets as the government encourages growth and Muslims overcome their suspicion, sharia lender Gatehouse Bank said on Tuesday. Tue, 18 Nov 2008 10:41:00 GMT http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12eihjpkf/*http%3A//uk.news.yahoo.com/22/20081118/tbs-uk-gatehouse-islamic-29d6e98.html http://us.rd.yahoo.com/dailynews/rss/search/%22islamic+finance%22+uk/SIG=12eihjpkf/*http%3A//uk.news.yahoo.com/22/20081118/tbs-uk-gatehouse-islamic-29d6e98.html