Fixed rate guaranteed returns in the form of interest rates are not permitted in Sharia compliant products. Profit rates which carry an element of risk as well as a target rate which is not guaranteed are the equivalent deposit product.

 
1 Year
2 Years
1.20%
0.00%
1.90%
2.30%
1.50%
1.92%
1.60%
2.00%
 
1 Year
2 Years
1.40%
0.00%
0.70%
1.05%
 
1 Year
2 Years
0.48%
0.00%
 
1 Year
2 Years
1.03%
0.00%
0.55%
0.65%
 
1 Year
2 Years
3.10%
3.10%

The most comprehensive network of Firms & Professionals offering Sharia Financial services covering Banking, Legal, Accountancy & Audit, Shari’a Scholars as well as many other sectors. Register to add your entry for consideration

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    Standard Chartered is promient in Islamic Capital Markets acting as advisor and bookrunner

    Khalid is amongst the leading practitioners of globally.

    RHB offers Halal Banking and Investment Bank Services

    BSF offers Shariah compliant solutions to Individuals and Corporates

    UKIFS is part of TheCityUK, a Trade Body which champions the UK financial services industr

Array The New Sukuk Chart Dashboard Visualises Issued Sukuk Data

The New Sukuk Chart Dashboard Visualises Issued Sukuk Data

The leading Sukuk platform, Sukuk.com have released the Sukuk Chart Dashboard; a powerful visual tool providing free access to issued Sukuk data. The dashboard, which is available on the homepages of Sukuk.com and IslamicFinance.com, allows users to view issued Sukuk based on their maturity and issued profit rates along with corresponding information covering issued amount and date as well as its ratings.

IslamicFinance.com is an Initiative for the Development of the Islamic Financial Market

Islamic Finance and its sister site Sukuk are initiatives for the enhancement and development of the Sharia compliant financial sector [1] by means of free access to a comprehensive Sukuk database of issued sukuk and its arrangers, structure and issuer data [2], the latest market news, trends and information [3] as well as a database of qualified industry professionals and services firms [4].

Array Harj Rai, Partner, Latham & Watkins

Funding Diversity and Infrastructure Driving Sukuk Growth

During the recent Bonds, Loans and Sukuk conference in Dubai, Harj Rai, of Latham & Watkins shared his views on the drivers behind the globalization of sukuk market and its growth in the Middle East.

Array Islamic Banking in Nigeria moving in right direction

Islamic Banking in Nigeria moving in right direction

Mr Mutallab called on the Central Bank of Nigeria to support the operation of the non interest banking segment of the banking sector through the provision of shariah complaint financial instruments.

Array Takaful – Concept, Challenges and Opportunities

Takaful - Concept, Challenges and Opportunities

Report produced by Milliman Research highlighting key issues and challenges, as well finding sustainable solutions to some of the challenges.

Array Introduction to Islamic Investing

Introduction to Islamic Investing

An overview of investment filters as used by Central Shariah Committee of HSBC Amanah.

Array AAOIFI

AAOIFI Standard Number Four - Settlement of Debt by Set-off

The aim of this standard is to outline rules governing the use of set-off in settling debts, the Shari’a requirements and conditions applicable to set-off, what is permissible or not permissible in this procedure and the most significant practices of Islamic financial institutions (institution/institutions) in this regard.

Array Growth to Facilitate Financial Inclusion and SME Sukuk – IMF

Growth of Islamic Finance to Facilitate Financial Inclusion - IMF

The growth of the Islamic finance industry offers important potential benefits, the IMF stated in its IMF Research June 15 bulletin. The IMF stated the sector could facilitate financial inclusion by increasing access to banking services to underserved Muslim populations. Furthermore the risk-sharing characteristics of Islamic financial products can...

Array Regulatory Arbitrage without Ethics Leading to Crash?

Regulatory Arbitrage without Ethics Leading to Crash?

The ethical principles of Islamic Economics should be at the forefront of thought and intention rather than financial structuring. It is likely only sociably responsible financial centres with depth, liquidity, and well established regulatory and legal frameworks will build the critical mass and emerge as significant Islamic Financial centres. Lond...

Array Islamic Finance Logo

Shariah Screening Methodology - A Two Tier Approach by MIFC

In view of the growing sophistication of Islamic capital markets in Malaysia, the Securities Commission has revised the Shariah screening methodology.

Array Shari’ah Investment into UK Real Estate Remains Strong

Shari’ah Investment into UK Real Estate Remains Strong

Shari’ah compliant Bahrain Investment Bank, Seera has completed an investment into the UK dementia care sector by means of an equity investment in a housing development in London. The development, when completed will provide circa 115 housing units providing specialized care to dementia sufferers.

Array Saudi Stock Exchange Traders

Saudi Arabia's 15 year Debt Market Hiatus Nearing End?

At a recent conference held in Riyadh, delegates focused on the potential to build an international market for Saudi sukuk, as more global groups look for alternative sources of longer term funding.

Array Islamic Banking in Nigeria moving in right direction

Islamic Banking in Nigeria moving in right direction

Mr Mutallab called on the Central Bank of Nigeria to support the operation of the non interest banking segment of the banking sector through the provision of shariah complaint financial instruments.

Array Turkish Deputy Prime Minister Ali Babacan

Turkish DPM: Islamic Finance is for all, Irrespective of Religon

Turkish Deputy Prime Minister Ali Babacan speaking at an IMF discussion emphasised the universality of Islamic finance for all of man-kind irrespective if the customer is Muslim or not.

Array Sindh Parliament

Pakistan's Sindh Province to issue Dollar Denominated Sukuk

The Sindh government is looking to issue a dollar denominated sukuk for up to $200 million. The planned issuance was announced by Sindh Minister for Finance, Syed Murad Ali Shah who stated the sukuk would provide much-needed liquidity for development and infrastructure projects in the province.

Array Russia seeking to leverage Islamic finance and OIC links for its regions

Russia seeking to leverage OIC links for its regions

Speaking on the side-lines of the Tunisian Investment forum, Linar Yakupov, President of Association of Regional Investment Agency of the Russian Federation, as well as President of the Islamic Business and Finance Development Fund stated Russia is seeking more cooperation between OIC countries and regions of the Russian federation.

[1] The Size of the Market
[2] The Sukuk Database
[3] Islamic Finance News
[4] WHOs WHO of Firms & Professionals