Islamic Finance Instruments Can Replace US Dollar in Trade US weaponization of the US Dollar and the international payment system of SWIFT has led to a push to look for alternatives as trust wanes in the green-back and its payment systems. In response, Turkish president Recep Tayyip Erdogan has pushed the use of islamic finance “trade in national currencies has gained urgency. We should first of a... »

UK Islamic Banks are expanding services to cater for London based property financing demand. QIB UK, part of the Qatar Islamic Bank group, and Al Rayan bank a UK subsidiary of Qatar based Masraf Al Rayan have both recently expanded offices and services to meet demand. QIB Begins offering Murabaha Facilities QIB-UK, has begun providing Sharia-compliant Murabaha Facilities for London properties. The... »

Converting Billions of Dollars of Idle “Under the Mattress” Gold Assets into Mainstream Economies Traditionally gold is passed down the generations in Islamic cultures, but as an asset remains stored in vaults and not active in the wider economy. Islamic finance gold banking offers the potential to convert many billions of dollars of idle “under the mattress” gold assets into mainstream economies ... »