Between 2000 and 2013, emerging and developing Asia grew by an average of 7.9%, while growth in advanced economies averaged just 1.8%. »
The Asian Development Bank published an excellent overview of the Sukuk market scene in Asia. Asia-Bond-Monitor-March-2014 – Asian Development Bank (5.0 MB) Most computers will open PDF documents automatically, but you may need Adobe Reader »
Work will commence in the second half of 2015 to assess the feasibility of establishing a Shari’ah compliant facility for purposes of liquidity management. »
Often overlooked within Islamic finance is the establishment of national interest free banking systems in Iran and Sudan as well as in Pakistan. »
An IMF discussion paper titled “Regulation and Supervision of Islamic Banks”, questions the conventional post financial crisis thinking of Islamic banks being more stable than conventional banks. The paper concludes Islamic banks are just as exposed to risks as conventional banks and due to Sharia’h compliance face specific risks unique to their sector. The report details the com... »
What role does Islamic finance play in the economies of states belonging to the Gulf Cooperation? Apparently, quite a substantial one. Research has demonstrated that Islamic finance has had a significant effect on economic growth and development in Bahrain, Qatar, Kuwait, Saudi Arabia, and the United Arab Emirates, the five countries of the GCC. About half of worldwide Islamic finance and assets a... »
The Wajaha Private Banking account from Dubai Islamic Bank (DIB) offers a comprehensive range of features and benefits for those looking for an Islamic Banking account with Private Banking services. »
Indonesia’s Islamic bond market is the second largest in emerging East Asia in terms of size. However, the pace of growth of its sukuk market pales in comparison to the robust growth of its conventional bond market. The Indonesian sukuk market is still in a nascent stage of development and accounts for only 7.4% of the total bond market. The outstanding stock of Indonesia’s sukuk market reached US... »
Somali entrepreneurs are transforming neglected neighborhoods with the help of a Minneapolis Islamic financing program. Read full article here. »
Islamic Finance in Japan By So Saito and Chika Igarashi Islamic-Finance-in-Japan (2MB) Most computers will open PDF documents automatically, but you may need Adobe Reader »
