Maybank and CIMB expect issuance of Islamic bonds to gather pace before the Federal Reserve likely raises interest rates. Bloomberg TV Malaysia's Sophie Kamaruddin and Han Tan also review the government's latest auction of Shariah-compliant debt. »
The UK mid-market is a powerful driver of the economy. Often unfairly misrepresented, these firms make huge contributions to jobs and growth. Over the last 12 months the economic picture has continued to brighten despite flashpoints remaining. »
Islamic Banks are experienced mixed fortunes as the industry matures and consolidates whilst facing challenges competing against established conventional peers. Whilst some Islamic Banks are closing and integrating within larger parent banks, Islamic Banking assets and profits continue to show strong growth. »
Qatar Islamic Bank (QIB) , has mandated Barwa Bank, Citi, HSBC, Noor Bank, QInvest and Standard Chartered Bank as Joint Lead Managers to arrange a series of fixed income investor meetings in Asia, Middle East and Europe commencing on 16 October 2015. A benchmark USD Regulation S Senior Sukuk offering under the existing QIB Sukuk Ltd U.S.$1,500,000,000 Trust Certificate Issuance Programme may follo... »
The S&P/ASX 300 Accumulation Index recorded it worst monthly performance since October 2008, falling 7.7% in August, and wiping out previously positive CYTD returns (now -0.7%). The Market ex- resources (-7.8%) modestly underperformed Resources (-7.2%) with Banks (-11.7%) the key drag. »
World Bank: Islamic finance promotes risk sharing, connects the financial sector with the real economy, and emphasizes financial inclusion and social welfare. The Bank’s involvement in Islamic finance is linked to its work on reducing poverty, expanding access to finance, and building financial sector stability and resilience. »
The Lord Mayor of the City of London, Alderman Alan Yarrow during a trip to Nigeria urged the country to consider all sources of finance as a means for attracting investment funds. In particular the Lord Mayor was keen to highlight the City of London role as a leading centre for Islamic finance and stated Islamic finance can provide substantial investment for Nigeria. He added Islamic financing wa... »
The increased participation of non-Muslim jurisdictions also reflects the positive acceptance of Islamic finance among the global community. Sukuk has drawn strong interests as an attractive source of funding and a new asset class. »
The signing of the memorandum will allow the two parties to launch joint activities and programs that help support economic development, opportunities, as well as to promote financial inclusion. »
As the Islamic financial industry continues to evolve and experience growth, it is also gaining sophistication in its appeal to demanding investors. As a prime example, Shariah-compliant Private Equity/Venture Capital (PE/VC) is an ideal model for Islamic finance as it represents the participatory modes of financing imbued with risk sharing concept. There is a very close relationship between conve... »
