Latest articles from Islamic Finance

Bursa Malaysia's Islamic innovation drive

Bursa Malaysia is the leading global centre for Islamic capital markets. Its chief executive tells James King that the exchange is still looking to innovate, with expanding the borders of Islamic finance a key priority.

Has Islamic banking finally cracked Pakistan?

After a false start, Islamic banking has become the fastest growing segment of the Pakistani banking industry, with the full support of the government. Apart from the ever-present challenge of liquidity management, most local Islamic bankers agree that their most important task now is to build awareness in the country.

Sukuk sheds its niche status

The growth of 'hard' currency sukuk issuance is pushing the market to the next level, as new issuers and new investors flock to the sharia-compliant finance space to capitalise on the growth prospects of emerging economies in the Gulf and Asia. 

Hussain Al Qemzi

Noor CEO heralds an age of harmonisation

Hussain Al Qemzi, CEO of Noor Bank, discusses the long-term prospects for the Islamic banking sector, describing the valuable role it can play in promoting greater cross-border co-operation and operational harmonisation. 

Onwards and outwards: the Islamic industry's appeal continues to spread

The past year has seen a number of firsts in the Islamic finance industry, including the first sovereign sukuk from the West. This represents a huge step forward for an industry previously considered niche. Islamic players now must consolidate on these gains by broadening their product offerings, expanding their customer bases and targeting new levels of interoperability with global markets.

Malaysia leads the way for Islamic finance

While the growth in Islamic finance slowed down in 2013 for some smaller, less-developed markets, others such as Malaysia and the Gulf countries, saw strong results.

Islamic banks and SMEs: a golden opportunity

Though the recent story of Islamic finance is largely a successful one, the sector's relative lack of maturity means that some shortfalls do exist. One of these – the supply-demand mismatch regarding small and medium-sized enterprises – has left a potentially lucrative hole to fill. 

Wasim Akhtar Saifi

Standard Chartered Saadiq welcomes Islamic internationalisation

The increasingly international outlook of the Islamic finance market place is providing new growth opportunities for Islamic banks and, according to Standard Chartered Saadiq, Malaysia's chief executive, Wasim Akhtar Saifi, is also offering much-needed solutions to the industry's longer term liquidity management problems. 

A global Islamic asset management boom

A global Islamic asset management boom

Islamic finance asset management is booming globally, with countries in south-east Asia and the Gulf spearheading growth, thanks in part to improved investor confidence, regulations and infrastructure. 

Morocco inches towards Islamic finance

Morocco inches towards Islamic finance

Morocco is on the cusp of a legislative breakthrough that will pave the way for a fully fledged Islamic finance system in the country. But with a history of failed Islamic banking experiments, on top of the usual problems associated with establishing a new market in a country, Morocco's Islamic banking sector is unlikely to take an instant hold.

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