At the TedxLugano 2016 event, independent financial consultant Noor Odeh delivered a Ted talk highlighting the use of Islamic finance as a means to contribute to ethical and sustainable economic development. »
The deals include the £77m acquisition of US multinational conglomerate 3M’s European headquarters in Bracknell and the £48.3m acquisition of the NHS National Services Division HQ in Edinburgh. »
The development of Islamic finance is a joint effort of many different initiatives. With the support of multilateral institutions, it enables the Islamic finance industry to thrive even further. By providing multiple channels to the Islamic finance industry, they are creating a global bridge that enables Islamic finance to access multinational attention. »
Kompanion Invest provides Sharia-compliant financial services in Kyrgyzstan. »
Sovereign Sukuk issuances are shifting from Ijara to Wakala structures stated Tahir Ali Sheikh of CIMB Islamic Malaysia »
Daud Baker - The current volume of US dollar sukuk is unlikely to be maintained, »
In a recent interview, respected Islamic finance practitioner Daud Baker who serves on the Shariah Advisory Council at the Malaysian Central Bank, Bank Negara stated the global community is looking to Malaysia to lead in innovation. »
As of end of Q1 2016, Islamic compliant securities (Islamic Capital Market) listed on Bursa Malaysia totalled USD$306.7 billion, the highest for any exchange globally. »
Technological advancement in finance provides better and faster access whilst providing newer financial transaction options. Currently, through internet and mobile banking, customers are able to execute financial and non-financial transactions from any location. As Islamic finance progresses, technology is becoming a key enabler for future business. »
No details as to whether the loans will be Sharia compliant has been released. Three major Japanese lenders form part of the loan syndicate. »
