Islamic Finance – demystifying and emerging industry.

Last Saturday 10 March, Farrukh Raza, Managing Director of IFAAS has delivered a successful workshop at the Emerging Markets Forum in London School of Economics. The theme of the workshop was ‘Islamic Finance – demystifying and emerging industry’. The audience was current students from the LSE and other high-profile business schools and universities across the country. The […]

Read More

Islamic Development Bank aims to sell $1bln green sukuk in 2018

Islamic Development Bank aims to sell $1bln green sukuk in 2018 Largest development organisation in the Muslim world is aiming to issue a benchmark-sized green sukuk this year to finance renewable energy projects LONDON: The Islamic Development Bank (IDB), the largest development organisation in the Muslim world, is aiming to issue a benchmark-sized green sukuk this year […]

Read More

Islamic Development Bank aims for $2.5bn Mega Sukuk

Bandar Hajjar, president of the Islamic Development Bank (IDB) has said the Saudi Arabia headquartered institution is planning soon to issue its largest sized Sukuk for $2.5 billion. The 57 member AAA rated development bank is a regular issuer of Sukuk having last issued in September 2017 with a $1.25 billion issuance which was priced at […]

Read More

Ugandan regulators open up to Islamic finance

The Ugandan government has approved regulations regarding the provision of Islamic finance, while the country’s central bank is expected to publish the rules in the coming months to improve financial inclusion. Once published, the central bank will be looking for application from financial institutions wanting to offer Shari’ah-compliant financial services. Uganda is the latest among […]

Read More

Ugandan regulators open up to Islamic finance

The Ugandan government has approved regulations regarding the provision of Islamic finance, while the country’s central bank is expected to publish the rules in the coming months to improve financial inclusion. Once published, the central bank will be looking for application from financial institutions wanting to offer Shari’ah-compliant financial services. Uganda is the latest among […]

Read More

Qatar needs to develop regulatory framework to cement Islamic finance lead: QFC

Santhosh V. Perumal Qatar needs to reform interbank liquidity management to study leakages from Islamic banks through interbank finance as part of a strategic roadmap for Shariah finance, according to a Qatar Financial Center (QFC) study. Moreover, there is also a need to develop a regulatory framework and promote green bonds and sukuk to embolden […]

Read More

Islamic finance boosts intra-African trade

A number of financing agreements, totalling over US$250mn, have been raised in support of the African Export-Import Bank (Afreximbank) in recent weeks. The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, has provided a US$100mn and a €50mn facility, both of which will be used to support trade transactions […]

Read More
Page 3 of 2812345...1020...Last »