A case being heard at London's High Court will shine a light into the dark corners of Islamic financing gone wrong. »

Chief Economist for Bahrain Economic Development Board Dr Jarmo Kotilaine stated globalisation of the industry is a work in progress. Kotilaine stressed that what the market needs more is a significant number of active jurisdictions to ensure the industry lives up to its principles of risk sharing and asset-based financing. »

Bonki Rushdi Tojikiston (BRT) has signed an advisory services agreement with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (“IDB”), in order to process and support its conversion to full Shariah compliant operations. The ICD will dedicate seven key teams across the full conversion process: including in the area... »

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 ... »

London based Gatehouse Bank has announced the acquisition of Fountainbridge, a student accommodation property located in Edinburgh, United Kingdom for £20.0 million. »

The sector displays steady growth in Brunei supported by regular issuance of short term Government sukuk, and by Bank Islam Brunei Darussalam. »

The proposal would give people without a deposit the option of paying monthly instalments towards the cost of a home, without having to raise a deposit. After 30 years of such payments, the buyer would own the home outright. »