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Coming of age
The development of Islamic hedge funds and other complex instruments, as well as the provision of mortgages for a market hungry for property, shows how far the Islamic finance industry has come and where it is heading, write Mark Ford and Jon Marks.
Short on skills
Islamic finance institutions in the GCC are hoping that, as more specialised courses in Islamic finance come on stream, the gap between the number of people qualified in Islamic finance and job vacancies will narrow. Lucia Dore reports.
Promise in Pakistan
If Pakistan successfully launches an Islamic-compliant treasury bond, it will lift the growth potential of the country’s embryonic Islamic banking sector. Farhan Bokhari reports from Karachi.
Takaful takes off
Islamic-compliant insurance – takaful – is finally getting off the mark, with Moody’s predicting a global market worth $7bn by 2015. Farhan Bokhari, in Karachi, reports.
