Beyond the headline growth numbers, the industry has experienced transformative changes, which supports the overarching goal of Islamic finance as a more inclusive and equitable financial system. »
The Islamic banking sector is now systemically important in a dozen countries and growing in many other countries. The growing complexity of products can make it difficult for consumers and investors to discern risks while the broadening of issuers exposes investors to differing counterparty risks. »
The Governor of the National Bank of Kazakhstan, H.E. Kairat Kelimbetov launched the Islamic Financial Services Industry (IFSI) Stability Report 2015 during the Opening session of the 12th Islamic Financial Services Board (IFSB) Summit on 20 May in Almaty, Kazakhstan. The Summit, which is held from 20 – 21 May 2015 is hosted by the National Bank of Kazakhstan. The first IFSI Stability Report was ... »
A report released by the MIFC presents an overview of the Sukuk market during the first quarter of 2015. »
A Handbook on Securities Statistics released by the International Monetary Fund has defined common Islamic financial instruments. »
Sukuk issuances in April 2015 declined in terms of both value and number; by value decreased 84% y-o-y to USD0.7bn. »
The 2015 edition of Standard and Poor’s annual outlook for Islamic finance showcases S&P’s wide-ranging Islamic finance research and thought leadership, produced by their dedicated team of analysts. In the following CreditMatters TV, Mohamed Damak, Head of Islamic Finance for S&P, speaks about the industry outlook for 2015, the main reasons for its growth, and the challenges it... »
Islamic finance in the United States A report released by the Malaysia Islamic Finance Centre (MIFC) presents an overview and the potential of Islamic finance in the United States. The report states, “The sole issuer from the US was Goldman Sachs, a major investment bank that had issued a USD500mln Wakalah sukuk in September 2014 – the issuance attracted an order book of USD1.5bln. In additi... »
A new report presents an overview of Technology and Innovation in within the Islamic Finance segment of Islamic Banking. »
The UK Government re-affirmed its commitment to develop the UK as a global centre for Islamic finance in a report released yesterday. »
