A measure for sukuk

The Libor is being used as a benchmark for the performance of sukuk but a more meaningful alternative may be needed, writes Joe DiVanna.

The nature of innovation

As the Islamic finance sector becomes more competitive, innovation will be a key differentiator for attracting customers, writes Joe DiVanna.

TOP 500 Islamic Institutions

How fast is the Islamic finance industry growing? The Banker attempts to answer this question with the launch of a new listing: Top 500 Islamic Financial Institutions. The pioneering role of the listing is to provide a benchmark for the future, which can be improved on for the good of the industry. Better disclosure is expected to flow from the publication of listings such as this as greater competition puts pressure on institutions to increase transparency in this area. Stephen Timewell and Joe DiVanna report.

Sheep herding

Are the ‘irrational’ clients of Northern Rock the kind of customers rival banks should be opening their arms to, asks Joe DiVanna.