Islamic Finance for Development Victoria Kwakwa – World Bank Vice President for the East Asia and Pacific. Income growth is not the sole aim of economic development. To many, an equally important, albeit less quantifiable, outcome is a sense of progress for the entire community, and a confidence that prosperity is shared equitably – and sustainably – across society for the long term. Inclusi... »
Report by Malaysia International Islamic Financial Centre Islamic Finance in Africa: Impetus for Growth Many market development and regulatory efforts have taken place in the African region in recent years as there is a clear set of potentials for Islamic finance to play a role in African countries to diversify their sources of funding. As the world’s largest untapped growth market for Islamic eco... »
London is established as the leading western centre for Islamic finance and has been at forefront of key developments in Europe. »
Islamic financial instruments also offer an attractive source of financing for regional infrastructure projects. »
In the annual Global Competitiveness Report produced by the World Economic Forum, no Organisation of Islamic Cooperation (OIC) country made it into the top 15 with previously ranked Qatar dropping from ranking 14 to 18. »
Luxembourg: The Gateway for Islamic finance and the Middle East Luxembourg is the leading non-Muslim domicile for Sharia complaint investment funds, a popular location for listing Sukuk on the primary market and the domicile of choice for the international investment structures of a number of sovereign wealth funds according to a report released by Ernst and Young’s Luxembourg office highlighting ... »
UK Report Looks at Faith Based Finance Public Faith and Finance – Faith responses to the financial crisis is a report recently published by the University of Bristol and supported by the Barrow Cadbury Trust, and Public Spirit which looks at faith-based responses to the financial crisis. Many references to Islamic finance as well as Christian finance are made throughout the report as part of... »
Statistics Manual and Compilation Guide The International Monetary Fund’s (IMF) Monetary and Financial Statistics Manual and Compilation Guide provides an excellent overview of Islamic financial instruments covering Islamic Financial Institutions (IFI’s), source and use of funds and Takaful. The International Monetary Fund (IMF) has taken the lead in promoting methodologically sound and internatio... »
The Malaysia based Islamic Financial Services Board (IFSB) has published its 2016 report. »
As the Islamic financial industry continues to experience exponential growth, offshore financial centres (OFCs) are keen to market their value for the development of Sharia compliant financial products. OFCs are working towards establishing comprehensive eco-systems to gain competitive advantages over other jurisdictions for business, promoting the element of low taxes or low costs of doing busine... »
