What is Islamic Finance? - Special Report on Bloomberg TV

New York and London (ots/PRNewswire) -

- This Weekend's 'Middle East Money Focus' Explores the Growing
Islamic Financial Services Sector

Bloomberg L.P. today announced that this weekend's edition of the
BLOOMBERG TELEVISION(R) program Middle East Money Focus will be a
special report on Islamic finance.

"Islamic finance is taking off," according to Bloomberg's Dareen
Abughaida, host of Middle East Money Focus. "With the world's Muslim
population at more than a billion, financial institutions are taking
note, and taking action."

This weekend, Abughaida will take viewers into the expanding world
of Islamic finance, reporting from Dubai with dispatches from
Bloomberg's London bureau.

This special edition of the weekly Middle East Money Focus will
feature reports explaining Islamic finance; sukuk, or Islamic bonds;
Shariah, Islamic law governing investments; the Islamic financial
hubs; and how global financial institutions are servicing the growing
Islamic financial market. The weekend program will feature interviews
with Dr. Omar Bin Sulaiman, Governor of Dubai International Financial
Centre; Rushdi Siddiqui, Head of the Dow Jones Islamic Market Index
Group; Per Larsson, Chief Executive Officer of Dubai International
Financial Exchange; Michael Ainley, Head of Financial Institutions at
the UK's Financial Services Authority (FSA); John Weguelin, Chief
Executive Officer of European Islamic Bank; Ahmed Abbas, Chief
Executive Officer of LMC, Bahrain; and Arul Kandasamy, head of
Islamic Banking at Barclays Capital.

About "Middle East Money Focus"

With Middle East Money Focus BLOOMBERG TELEVISION delivers an
unparalleled depth of coverage on the expanding Middle East financial
markets, Middle East companies, people and places, backed by the
premier data and analytics of the BLOOMBERG PROFESSIONAL(R) service
and its worldwide BLOOMBERG NEWS(R) network of more than 2,300 staff.
The program features local reports and insight from BLOOMBERG NEWS(R)
bureaus across Europe and in the Middle East including Dubai, Cairo,
Istanbul, Bahrain, Kuwait City and Riyadh. Middle East Money Focus
airs in Europe, Africa and the Middle East every Saturday and Sunday
throughout the day. In addition, the program is available to
Bloomberg users worldwide via the BLOOMBERG PROFESSIONAL service.

Middle East Money Focus has featured interviews with finance
ministers, government officials and CEOs; reports on the financial
markets, travel and tourism, arts and culture and the region's
expanding retail industry; and breaking business news.

About Bloomberg L.P.

Bloomberg is the leading global provider of data, news and
analytics. The BLOOMBERG PROFESSIONAL(R) service and Bloomberg's
media services provide real-time and archived financial and market
data, pricing, trading, news and communications tools in a single,
integrated package to corporations, news organizations, financial and
legal professionals and individuals around the world. Bloomberg's
media services include the global BLOOMBERG NEWS(R) service with more
than 2,300 professionals in 130 bureaus worldwide; the BLOOMBERG
TELEVISION(R) 24-hour business and financial network produced and
distributed worldwide on ten separate channels in seven languages;
and BLOOMBERG RADIO(R) services which provide up-to-the-minute news
on XM, Sirius and WorldSpace satellite radio around the world and on
WBBR 1130AM in New York. In addition, Bloomberg publishes BLOOMBERG
MARKETS(R) magazine and BLOOMBERG PRESS(R) books for investment
professionals. For more information please visit
http://www.bloomberg.com.

Web site: http://www.bloomberg.com

ots Originaltext: Bloomberg L.P.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Judith Czelusniak, +1-212-617-1212, jczelusniak@bloomberg.net, or
Heidi Tan, +1-212-617-5375, htan14@bloomberg.net, both of Bloomberg
L.P.