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LONDON, Jun 10, 2014 (GLOBE NEWSWIRE via COMTEX)

In response to growing demand from property investors for insurance cover that is compliant with Islamic law, Willis Group Holdings WSH -0.06% , the global risk adviser, insurance and reinsurance broker, has launched the UK’s first Shariah compliant commercial real estate insurance.

Read more at:  http://www.marketwatch.com/story/willis-launches-the-uks-first-shariah-compliant-real-estate-insurance-solution-2014-06-10?reflink=MW_news_stmp

(Reuters) – Dubai Islamic Bank has completed the acquisition of a 24.9 percent stake in Bank Panin Syariah and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 percent, it said on Monday.

The largest Islamic bank in the United Arab Emirates has bought 2.42 billion shares in the only listed sharia-compliant bank in the southeast Asian nation, it said in a stock market filing. No purchase price was given.

Read more at: http://www.reuters.com/article/2014/06/09/dib-bank-panin-idUSL5N0OQ1ZD20140609

May 26 (Reuters) – Indonesia has mandated HSBC , Standard Chartered and CIMB Group Holdings Bhd to arrange a sovereign sukuk issue of up to $1.5 billion, sources aware of the matter told Reuters on Monday.

The head of the Indonesian finance ministry’s debt management office, Robert Pakpahan, confirmed that the government had appointed the three banks as underwriters. He did not specify the size of the planned issue or give other details.

Read more at:  http://www.reuters.com/article/2014/05/26/indonesia-sukuk-idUSL6N0OC1W220140526