Sunday 25 September 2016
 
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Islamic Finance

Islamic finance growth seen robust despite low sukuk

New sukuk issuance continues to remain subdued in 2016, but growth prospects for the Islamic finance sector are still strong, says Moody's Investors Service in a report published today (September 21). "Growth in the Islam

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Slowdown in Islamic finance likely to continue: S&P

The drop in Islamic finance growth is likely to continue in 2017, said S&P Global Ratings, estimating that the industry's total assets will reach $2.1 trillion at year-end 2016. "We think two factors will act as a bra

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IRTI releases textbook on Islamic finance

The Islamic Research and Training Institute (IRTI), a member of the Islamic Development Bank Group, has released a first-of-its-kind textbook titled ‘Fundamentals of Islamic Economics and Finance’. IRTI published the t

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IRTI releases textbook on Islamic finance

The Islamic Research and Training Institute (IRTI), a member of the Islamic Development Bank Group, has released a first-of-its-kind textbook titled ‘Fundamentals of Islamic Economics and Finance’. IRTI published the t

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Islamic finance industry facing regulatory challenges

The Islamic financial services industry continues to experience profound regulatory and practice challenges, and there is continued pressure on industry stakeholders to revisit their governance and business models, a report said.

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Australian Islamic finance firm opens Dubai office

Equitable Financial Solutions (EFSOL), Australia's largest, international Islamic finance company, headquartered in Sydney, has established its Dubai, UAE office at Emirates Towers, Shaikh Zayed Road. EFSOL is actively pursuin

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Islamic finance market seen at $3trn by 2018

The size of Islamic finance market is estimated up to $2 trillion and projected to grow to $3 trillion by 2018, said an industry expert. The Islamic finance assets represent 1 per cent of the global financial market, while the suk

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Italy export credit agency plans Islamic finance push

Italy's export credit agency SACE plans to move into Islamic finance, becoming one of the first Western trade finance bodies to do so, in order to support expansion of its business in the Mena region. "We think we can rea

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IDB, World Bank produce report on Islamic Finance

The Islamic Development Bank (IDB) Group and the World Bank Group have jointly produced a global report on Islamic finance. Director General of the Islamic Research and Training Institute (IRTI), Prof Mohamed Azmi Omar, announced

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28 countries take part in Cibafi forum in Bahrain

Delegates from more than 28 countries attended the global forum “Rethinking Values for Sustainable Growth” organised by the General Council of Islamic Banks and Financial Institutions (Cibafi) in Bahrain yesterday (May 3).

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