The Bank recognises that Islamic banks are currently unable to use the Bank's existing liquidity facilities. In particular, the Sterling Monetary Framework is the mechanism by which the Bank sets interest rates, and interest-based facilities are not deemed Shari'ah compliant. »

The Board of Taxation’s report on Islamic financing released on the same day as the budget noted “access to diverse sources of offshore capital is important in the context of Australia being a net capital importer. »

The deals include the £77m acquisition of US multinational conglomerate 3M’s European headquarters in Bracknell and the £48.3m acquisition of the NHS National Services Division HQ in Edinburgh. »

Kompanion Invest provides Sharia-compliant financial services in Kyrgyzstan. »

Global Takaful Insights 2014 by EY Highlights Growth and profitability prospects for takaful operators vary significantly by markets and sectors, depending on the market’s economic maturity, industry and regulatory structure. Despite volatility in financial markets, there appears to be growth momentum in three key markets: Saudi Arabia, United Arab Emirates (UAE) and Malaysia. Acquisition of  mark... »

In a recent interview, respected Islamic finance practitioner Daud Baker who serves on the Shariah Advisory Council at the Malaysian Central Bank, Bank Negara stated the global community is looking to Malaysia to lead in innovation. »

As of end of Q1 2016, Islamic compliant securities (Islamic Capital Market) listed on Bursa Malaysia totalled USD$306.7 billion, the highest for any exchange globally. »

No details as to whether the loans will be Sharia compliant has been released. Three major Japanese lenders form part of the loan syndicate. »

The AAA rated supranational institution, Islamic Development Bank (IsDB) in a recent investors presentation highlighted projects it has co-financed. »

Malaysia has started marketing its upcoming 1.5 billion dollar sukuk issuance, which would be the second in two years. »