The UK Government re-affirmed its commitment to develop the UK as a global centre for Islamic finance in a report released yesterday. »
Recent market updates within the Islamic Finance Sukuk sector as the market displayed signs of increased activity. »
The Islamic financial sector in Europe, although small in size, has promising potentials to gain traction given the fast expanding bilateral ties between European countries and Islamic financial hubs of the GCC and Malaysia. »
In 2012, the state owned Development Bank of Kazakhstan issued a RM240mln ringgit-denominated sukuk (USD76mln), marking the first sukuk issuance from a former Soviet state. »
Between 2000 and 2013, emerging and developing Asia grew by an average of 7.9%, while growth in advanced economies averaged just 1.8%. »
The Asian Development Bank published an excellent overview of the Sukuk market scene in Asia. Asia-Bond-Monitor-March-2014 – Asian Development Bank (5.0 MB) Most computers will open PDF documents automatically, but you may need Adobe Reader »
Work will commence in the second half of 2015 to assess the feasibility of establishing a Shari’ah compliant facility for purposes of liquidity management. »
Often overlooked within Islamic finance is the establishment of national interest free banking systems in Iran and Sudan as well as in Pakistan. »
The Republic of Turkey Under secretariat Of Treasury issued a 1.8 Billion Lira Sukuk yesterday, ending a quiet February for sukuk issuances. »
IMF Working Paper – Published December 2014 Monetary and Capital Markets Department Regulation and Supervision of Islamic Banks Prepared by Alejandro López Mejía, Suliman Aljabrin, Rachid Awad, Mohamed Norat, and Inwon Song Download: IMF – Regulation and Supervision of Islamic Banks Most computers will open PDF documents automatically, but you may need Adobe Reader »
