Latest articles from Islamic Finance

Cities

A tale of two centres

November 24, 2010

From Hong Kong to London, established global financial centres are looking to reinvent themselves as Islamic finance hubs and capture a slice of a fast-growing and still largely untapped market.

Islamic investment banks face new risks

November 24, 2010

In 2008, as conventional investment banks faced huge losses, Islamic investment banks were heralded as the last bastion of conservative, lower-risk investment, insulated by prudent management.

Focus of growth shifts to Asia

November 24, 2010

Asia's emergence as the healthiest engine of global economic growth is as evident in Islamic finance as it is in the conventional banking sector. The Gulf Co-operation Council (GCC) region remains the core of Islamic finance, accounting for more than 40% of total sharia-compliant assets.

Islamic finance spreads its wings

November 24, 2010

The 30 new entrants for this year's Top 500 Islamic Financial Institutions ranking include some from five countries not previously represented in the survey, conveying the dynamism of a sector that continues to expand into uncharted markets.

Dispelling the myths about Islamic Fund management

November 24, 2010

Islamic financial products are targeted at the global investment community as the market continues to mature. Writer James Gavin

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Malaysia leads Asian resurgence

September 29, 2010

The Malaysian government has been active in promoting Islamic finance.

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Battle for the Islamic investor

August 30, 2010

The Dubai stock exchange: interest in Islamic finance has gone global

Major global index providers rushed to satisfy a burgeoning interest in sharia-compliant investing. Now the challenge is to expand coverage and develop new products if the market is to reach its true potential. Writer James Gavin

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Sukuk-based project finance takes off

July 28, 2010

The capital markets were deemed too fragile to issue a riyal-denominated Islamic bond to help fund Satorp's greenfield refining project in Saudi Arabia, but that doesn't mean this type of asset funding has gone away. Project sukuk are becoming well known in the Middle East as Islamic finance-friendly products. Writer James Gavin

A point of principle

July 6, 2010

Samira Mensah, fund analyst for Standard & Poor's

Islamic funds performed well in the credit crunch and last year Islamic finance even gained the support of the Vatican. Politicans are now recognising that sharia-compliant principles could assist in avoiding another financial crisis. Writer Silvia Pavoni

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HSBC's sukuk solution

July 6, 2010

With its seven-year maturity making it the longest for any sukuk drawn up by a Saudi corporate, the $1.9bn capital raising put together for the Saudi Electric Company marks a huge achievement for the HSBC Saudi Arabia team that assembled it. Writer Edward Russell-Walling

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