The two partners have already mandated three banks for this operation to
finance part of their joint refinery

According to Bloomberg, Total and Aramco would have mandated Deutsche Bank,
Samba Financial Group and CA IPC to arrange a placement next to Islamic bonds (sukuk)
to finance the Saudi Jubail refinery.
Total declined to comment on this information. But [...]

A large seminar will take place next February 27 in Jeddah, Saudi Arabia, organized by the Indian Forum for Interest-Free Banking (iFiber) in order to promote the development conducive to the development of Islamic finance in India.
Abubacker Omar, president of the Indian Forum for Interest-Free Banking (iFiber), urged the Indian Government to make necessary amendments [...]

Expelled a student at the age of 16 from a school in central-eastern France three days on charges of “promoting” political slogan, after wearing a T-shirt in the classroom that read “Free Palestine”, which drew criticism from the supporters of the Palestinian cause.
The debate took place between the student Ahmed, wearing a blouse and this [...]

Amsterdam – Dutch ruling coalition collapsed on Saturday 20/2/2010, having failed two largest components in the agreement on whether Dutch troops would be withdrawn from the Afghan province of Uruzgan as scheduled this year, 2010.
According to the agency “eh. That. My” station “RTE.. The” television that the government of Prime Minister Jan Peter Balkenende has [...]

Rabat – the tragedy is the largest of its kind in Morocco, killing at least 40 people and wounding 71 others injured in the collapse of the minaret of a mosque 4 centuries-old historic city of Meknes, the center of the country; for reasons different opinions about whether to return to heavy rainfall or neglect [...]

PARIS – A few months after the referendum, the Swiss, which led to a law forbidding minarets, a number of European non-governmental organizations from European competition for the selection of the best in the minaret of the continent, aimed – according to those involved in the contest – “to show that the mosques – and [...]

After months of waiting, steps were taken to finish the establishment of the largest Islamic bank in the world in accelerating amid expectations announced it in as little as 6 months to a year, competing in the capitals of three Arab and Muslim countries, Bahrain, Malaysia and Indonesia to host the headquarters of the bank, [...]

JAKARTA – In a bold challenge of the economic system prevailing in the world A group led by Sufi Muslim Indonesia out of Scottish in the use of coins made of gold and silver (dirham and the dinar) in commercial dealings instead of notes and coins traditional; literal application of the principles of Islamic law, [...]

JERUSALEM – Israel announced Wednesday its refusal to resume peace talks with Syria, mediated by Turkey, stressing that any new negotiations should be direct, at the same time, accusing Damascus intransigence in the negotiations.
Said Danny Ayalon, Deputy Israeli Foreign Minister, told today’s newspaper: “We have tremendous respect and great appreciation for the efforts of Turkey, [...]

Washington – President Barack Obama diplomat Robert Ford, U.S. ambassador in Syria, after a power vacuum for a period of five years, in what observers as a sign of openness toward Damascus as part of Barack Obama’s efforts to promote peace in the Middle East.
If confirmed by the Senate on the appointment, it will be [...]