Latest articles from Islamic Finance

A template for averting disaster?

January 5, 2009

As turmoil in the banking industry intensifies, the appeal of Islamic finance and its risk-sharing approach is growing. Yet to bring Islamic structures into the mainstream, a workable infrastructure must be established. The Banker brought together a panel of industry experts to discuss the key considerations.

Top 500 Islamic Financial Institutions

November 3, 2008

As the banking industry descends into ever-deeper gloom, the more ethical, risk-sharing approach offered by the Islamic finance industry is attracting an increasing amount of attention. The Banker’s Top 500 Islamic Financial Institutions ranking lists the sector’s key players.
By Stephen Timewell & Joseph DiVanna

Cautiously optimistic in chaotic times

November 3, 2008

Saudi Arabia’s strong fundamentals mean that bank exposure to the credit crisis has been limited, and the mood among bankers is bullish. Writer Nadine Marroushi.

Improving risk management in Islamic finance

September 1, 2008

Better disclosure, improved corporate governance and further progress in devising sharia-compliant derivatives are among the crucial requirements. By Shamshad Akhtar.

Investment banks and insurance firms in the net

November 5, 2007

Islamic finance covers many areas and in this exercise The Banker did not want to exclude any Islamic financial institution. Clear definitions of what constitutes a non-bank institution need to be improved but we wanted to include not only investment banking operations and Islamic investment companies, as distinct from banks, but also Islamic insurance operations.

Compliance levels grow at astounding rates

November 5, 2007

The Top 15 countries in the world by sharia-compliant assets (SCAs) are determined not only by the size of each country’s financial sector but also the degree to which it is sharia compliant.

GCC region holds biggest slice of sharia assets pie

November 5, 2007

The Top 500 Islamic financial institutions in the world have amassed sharia-compliant assets of $500.5bn according to The Banker’s first comprehensive listing of the Islamic finance industry.

Worldwide partnership

November 5, 2007

Long-term viability and sustainability will come from increased interoperation between sharia-compliant financial institutions throughout the world, says Joe DiVanna.

From emergence to innovation

November 5, 2007

Islamic finance has established solid roots in the Gulf states, Malaysia and Indonesia and is set for a roll-out to the world’s 1.6 billion Muslims, with all the challenges that this entails. 

Derivatives extend the reach of Islamic finance

June 6, 2005

With huge assets under management and a growing population of issuers and investors, the Islamic investment market is being taken increasingly seriously. Natasha de Teran looks at how derivatives are being used to create Sharia-compliant products.

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