Fitch: Sukuk issuance in key markets up 11% in H1

A clock is seen inside the lobby of the headquarters of Fitch Ratings headquarters in New York, February 6, 2013. REUTERS/Brendan McDermid (UNITED STATES – Tags: BUSINESS) Reuters/Brendan McDermid JEDDAH: Sukuk issuance from key markets in H1, 2016 rose 11 percent compared to a year earlier, according to Fitch Ratings’ analysis, underlining our expectation for […]

Read More

Malaysian Islamic Finance at Cross Roads

Following its recent Sukuk default, the IMDB corruption scandals continues to cast a dark shadow over the Malaysian financial sector with this week the United States moving to seize more than $1bn in assets, ranging from plush properties to a private jet, from people connected to Prime Minister Najib Razak. Against this backdrop, Islamic finance […]

Read More

Islamic finance ‘could benefit Italy after Brexit’

Islamic finance ‘could benefit Italy after Brexit’ (by Elisa Pinna) ROME – Investors from the Islamic financial world could be the answer to Italy’s woes in the wake of the Brexit, according to participants in a recent conference organized by Nctm finance law firm. The conference was attended by Foreign Undersecretary Vincenzo Amendola, Lower House […]

Read More

Islamic finance expanding its footprint in Oman

Oman currency; money; bank note; investments; lstock Recent regulations on sukuk (Islamic bonds) are helping drive growth in Oman’s Islamic banking sector, with sharia-compliant lenders gaining ground. 26 June 2016 Recent regulations on sukuk (Islamic bonds) are helping drive growth in Oman’s Islamic banking sector, with sharia-compliant lenders gaining ground. Growth of Islamic banking is […]

Read More

Brexit and Islamic Finance

The future exit of the United Kingdom from the European Union is to be one of the most profound political, economic and legal events in the country’s recent history. For those who seek to engage with Islamic Finance and attract Islamic compliant investment to the UK, there are opportunities in the upheaval. What’s changed and […]

Read More

Islamic banks in London reject Brexit fear

Zak Hydari, the chief executive of Rasmala. Reem Mohammed/ The National Islamic banks and asset managers based in London have played down the impact of the UK vote to leave the European Union, amid wider fears the move could spell an exodus from the world’s financial capital. The Brexit result has caused turmoil in the […]

Read More

Luxembourg set to take over London’s Islamic finance hub position in Europe

The small European nation of Luxembourg, known as a financial centre within the eurozone with a particular expertise in fund management and investment structures, is expected to threaten and possibly take over London’s role as European hub for Islamic finance in a post-Brexit world, experts say. London and Luxembourg before where more complementary than competitive […]

Read More

Islamic finance in post-oil economic scenario

Manama, June (BNA): Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) will host the AAOIFI – World Bank 11th Annual Conference on Islamic Banking and Finance on 6-7 November in Kingdom of Bahrain. The conference is organized in partnership with the World Bank, and will be held under the auspices of the Central Bank […]

Read More
Page 20 of 34« First...10...1819202122...30...Last »