A quake in Indonesia killed at least 268 people as the search continues for victims amid landslides and collapsed buildings. The 5.6-magnitude earthquake that struck West Java on Monday damaged more than 20,000 homes, leaving thousands injured and hundreds still …
Indonesia’s Islamic insurance industry is expanding three times as fast as Malaysia’s, prompting American International Group Inc. and Sun Life Financial Inc. to seek a broader presence in the nation. AIG is considering offering Shariah-compliant reinsurance, known as retakaful, in …
Search teams looking for the crashed AirAsia Bhd. jetliner’s black box will deploy side-scan sonar and pinger locaters as inclement weather off Indonesia’s coast hinders efforts to recover bodies and the plane’s fuselage. The international team has set 1,575 square …
Indonesian authorities began deploying divers to find debris from the crashed AirAsia Bhd. jetliner as a day of adverse weather hindered efforts to find the plane’s black boxes. Searchers recovered seven bodies so far, including that of a female flight …
Indonesian search crews recovered debris and bodies floating in the sea from the AirAsia Bhd. airliner that went missing three days ago with 162 people on board, as investigators seek to determine what brought down the plane. Among the discovered …
The International Islamic Financial Market is working on common templates for structuring sukuk to reduce delays caused by disagreements between Shariah scholars. The standards-setting body is drafting frameworks starting with leasing contracts known as Ijara, Chief Executive Officer Ijlal Ahmed …
