TAWARRUQ BANKING PRODUCTS BY Dr. SAMI IBN IBRAHIM AL-SUWAYLIM
TAWARRUQ BANKING PRODUCTS BY Dr. SAMI IBN IBRAHIM AL-SUWAYLIM
Read MoreTAWARRUQ, ITS REALITY AND TYPES
TAWARRUQ, ITS REALITY AND TYPES BY Prof. Dr. Ibrahim Fadhil Dabu
Read MoreIslamic finance just one more crisis victim?
Islamic finance just one more crisis victim? It’s not just traditional western banks that are hurting — the recession is hitting Islamic finance hard, too. The industry, which operates according to Islamic law and hence has an in-built conservative investment strategy, is seen as relatively insulated from the financial crisis. But some
Read MoreHedge funds seen unsuitable for Islamic finance
Hedge funds seen unsuitable for Islamic finance By Martin de Sa'Pinto GENEVA (Reuters) - Hedge funds basing their investment strategy on sharia, or Islamic legal principles would face significant disadvantages compared with non-sharia hedge funds, some exponents of Islamic finance say. Many strategies would be difficult to achieve because they would be too
Read MoreAs scholars quibble, sharia banks eye convergence
As scholars quibble, sharia banks eye convergence By Liau Y-Sing and Tom Freke KUALA LUMPUR/LONDON (Reuters) - Jurists may never fully agree on how to interpret the sharia but controversial Islamic finance structures are likely to be dropped eventually as the industry strives to reach wider markets. Disputed contracts like bai bithaman ajil
Read MoreIslamic syndicated lending By Paul McNamara
Islamic syndicated lending By Paul McNamara The concept of syndicated lending may have been born in the 1960s in the world of conventional finance but it was not until earlier this decade that it found its way into the Islamic finance lexicon. Syndicated loans are quite simply an integral part of capital
Read MoreIslamic finance standardisation is key
Islamic finance standardisation is key A lack of standardisation continues to dog the Islamic finance sector, but is seen as an important point to resolve to help boost the burgeoning Shariah compliant market. Many of the issues have long been known, but have still not been resolved, despite much talk highlighting the
Read MoreDespite its growth Islamic finance faces obstacles
Despite its growth Islamic finance faces obstacles Islamic Finance, although still exotic to many bankers, is well-known to be one of the fastest growing segments in global finance. The figures related to this sector have become commonly known over the last few years: • The value of global transactions is estimated to be
Read MoreHow conventional bankers can become Islamic finance experts
How conventional bankers can become Islamic finance experts The lack of Islamic bankers is one of the biggest challenges the industry faces. Attending courses and obtaining certifications on Islamic Finance is key to winning clients' hearts and minds in the region as the sector adjusts to the growing consumer interest. While bankers
Read MoreSaudi mortgage law sheds light on Islamic home finance potential
Saudi mortgage law sheds light on Islamic home finance potential At the beginning of July, Saudi Arabia's consultative Shura council passed a full-fledged mortgage law. It still has to be approved by the Council of Ministers but the new law aims to encourage private real estate ownership in the kingdom. With
Read MorePakistan: The causeway for Islamic Finance
Pakistan: The causeway for Islamic Finance With General Pervez Musharraf having stepped down as president of Pakistan, analysts are waiting to see what effect this has on the country's economy. Pakistan could play a key role in the Islamic Finance sector. New hopes came up regarding the future of the Islamic Republic
Read MoreGlobal cities race to become Islamic finance hubs
Global cities race to become Islamic finance hubs As Islamic finance grows by leaps and bounds, a handful of capital cities are champing at the bit to become the centre of the industry, which currently boasts some $500bn in assets. For the moment, Dubai holds the title of Islamic banking hub
Read MoreWhy many Islamic bonds are not Shariah compliant
Why many Islamic bonds are not Shariah compliant Once regarded as the driving force behind the boom in Islamic finance, sukuk have been looked at more critically recently. Hari Bhambra, Founder and Senior Partner of DIFC-based Praesidium Consulting, which specialises in Islamic finance-related regulatory issues, explains why not all Islamic bonds
Read MoreSHSBC and DIFX Team up for Sukuk Index
HSBC and DIFX Team up for Sukuk Index 01 January, 2008 After the launch of new indices from HSBC and DIFX looking at sukuk and conventional bonds in the Middle East, NewHorizon spoke to the Dubai Exchange’s head of innovation, Armen V. Papazian, and takes a look at what the indices can tell
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