The acceleration of growth within the Islamic banking market has created a shift from replication to innovation. IFA explores what is needed to create a global Islamic treasury market, and how enhanced interbank activity will create a more liquid investment environment.
Islamic banks are currently flush with cash. And of course, that is never a bad thing. However, cold hard cash does not alway translate into liquidity, as in the case of most Islamic banks. This mismatch has thrown a spanner in the works in terms of effective secondary market trading, and is dangerously close to creating an insular investment environment.
Sink or Swim
Despite the enormous economic strides made by the Islamic financial realm in recent years, Islamic funds have been substantially lagging behind.More ...
Rules to Govern Scholars
The repeated selection of an elite group of Shariah scholars to serve on Shariah boards of Islamic financial institutions is said to be hampering the progress of the Islamic finance industry. More ...
Taking the Merlion’s Share
Singapore has been heavily criticized from within Islamic finance circles (including Islamic Finance Asia) of late for not doing enough to capitalize on its considerable international banking expertise. SCOTT WEBER looks towards the recent Khazanah Sukuk and whether it will give the Singaporean market the impetus it needs to showcase its Islamic banking prowess.More ...
CASE STUDY
Sponsored article: IT Focus — from Conventional to Islamic Contemporary Islamic banking has gained significant traction in recent years with an estimated annual growth rate in excess of 15%. Islamic banking continues to make its mark far beyond its traditional majority Muslim nation base, making considerable strides into the well-rooted conventional financing sectors. More ...
Nomura Holdings has successfully issued a US$100 million Sukuk Al-Ijarah, making it the first US dollar-denominated Sukuk issued out of Malaysia by a Japanese multinational.More ...
Epistemology in Islamic Finance
The rapid expansion of Islamic finance in recent years has resulted in all sides of the industry being increasingly exposed and dissected by the media, journals and an array of publications. More ...
Offshore financial centers partial towards Islamic finance have gained popularity over the last year especially, due to their tax incentives and structural flexibilities. More ...
With its proximity to several highly populous Muslim nations, Malaysia has capitalized on its position as a gateway between the Middle East and Asia to become one of the most developed markets and a leading hub in the global Islamic finance sphere. More ...