Kenya: Treasury Out To Accommodate Islamic Financial Products Within Capital Markets.
The National Treasury is in the process of appointing a steering committee to oversee the establishment of a platform within the capital markets to …
Finance
IFM’s London Summit Gives A Fillip To Islamic Finance
LONDON, Being the Only Alternative to the Existing System of Finance, the Challenges to Widespread Adoption of Islamic Finance are Many, but Experts …
Dubai: Sustainability In Islamic Finance In Focus At CFA Event
CFA Institute and CFA Society Emirates, the local UAE member society of CFA Institute, hosted a presentation to share new global and local insights on …
African Islamic Finance To Be Highlighted At Upcoming Conference In Khartoum
The International Forum on Islamic Finance (IFIF Sudan 2014) is being convened on the 9th and 10th of December 2014 at the Al Salam Rotana, Khartoum, …
Mideast Stocks-Gulf Stock Markets Plunge On Weak Oil; Saudi Down 2.9%
DUBAI, Stock markets across the Gulf dropped sharply in a panic sell-off on Tuesday after the price of Brent crude oil hit a new five-year low of …
Sri Lanka Receives $1.42 Billion As Foreign Direct Investment Last Year
Islamic Finance has garnered an increased interest in the last few years and has the potential to develop the capital markets of Sri Lanka and assist …
UK: SEIS Fund Becomes Shariah Compliant
The UK’s first Shariah complaint Seed Enterprise Investment Scheme (SEIS) fund has now been introduced by IFAAS – the Islamic financial consultancy …
Trade Finance, The Islamic Way
Islamic lenders need to improve their efficiency and increase penetration in predominantly Muslim markets to be big players in global trade …
Islamic Banking Assets To Exceed $778 Billion In 2014: Report
DUBAI: Islamic banking assets with commercial banks in international markets are set to exceed a whopping $778 billion in 2014, according to a new …
Deloitte Launches The 2014 Takaful Insurance Report In Islamic Finance
Despite the global Takaful insurance market exhibiting impressive double digit growth of 18% over the period 2007-2012, the regulatory environment …
Could Islamic Finance Save Capitalism?
Is there a place for ethics and morality in the global economy? Should we continue to rely on governments to tweak at the margins of financial …
After Western Sukuk Debuts, Islamic Finance Looks To Emerging Sovereigns
LONDON: This year’s rush by top-rated non-Muslim countries to tap the burgeoning Islamic finance market may not be repeated next year but a new crop …
Rapid Islamic Finance Growth
ISLAMIC banking is growing faster than its conventional counterpart but is focused in a few core markets and risks missing an opportunity to build a …
Islamic Finance In France
With approximately 5 million residents, France has a large Muslim population, more than any other European country, originating mostly from the …
RAM Ratings Assigns AA1 Rating To MBSB’s Tranche 2 Structured Covered Sukuk
RAM Ratings has assigned a final rating of AA1 with a positive Rating Watch to Malaysia Building Society Berhad’s (MBSB) MYR 700 million Tranche 2 …
Ahli United Bank Kuwait Foreign Currency Rating Upgraded By Capital Intelligence
Capital Intelligence (CI) affirmed Ahli United Bank Kuwait (AUBK)’s Financial Strength Rating (FSR) of ‘A-‘, in view of its very …
Malaysian Financial Firms Have Role To Play In Gulf Region – Expert
KUALA LUMPUR: Malaysian financial firms have an excellent opportunity to play a role in the growth of Islamic finance in the Gulf region, said an …
Moroccan Parliament Approves Islamic Finance Legislation
Morocco’s parliament gave final approval on Tuesday to an Islamic finance bill that will allow the creation of Islamic banks and enable private …
Islamic Finance Body IILM Expands Outstanding Sukuk Issuance
DUBAI- The Malaysia-based International Islamic Liquidity Management Corp (IILM) has expanded the amount of its outstanding sukuk under a programme …
ADIB Arranges US $420 Million Financing For Zakher Marine International
Abu Dhabi – Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has signed an agreement with Zakher Marine …
Islamic Finance Leaders To Convene At WIBC Bahrain Conference
Industry titans, pioneers and global leaders in the international Islamic banking and finance industry are set to take part a conference to be held in …
IRTI Signs MoU With CIMB Malaysia On Islamic Finance Country Reports
In a joint effort to support the development of Islamic financial services industry, the Islamic Research & Training Institute (IRTI) of the …
Islamic Finance Set To Tackle Long-Standing Repo Challenge.
Separate but converging efforts are underway in Islamic finance to help develop globally accepted alternatives to conventional repurchase agreements, …
Religion And Risk Drive Islamic Finance Boom
KUWAIT: When a Muslim cleric told Ahmad Salim that sharia law forbids paying interest, he returned his days-old loan to the bank and turned to the …