(Reuters) - Islamic financial assets around the world hit $1.3 trillion in 2011, a 150 percent increase over five years as the industry expands into new country's beyond core markets in the Middle East and Malaysia, a report on Thursday estimated.
29.3.12
Global Islamic finance assets hit $1.3 trillion - study
(Reuters) - Islamic financial assets around the world hit $1.3 trillion in 2011, a 150 percent increase over five years as the industry expands into new country's beyond core markets in the Middle East and Malaysia, a report on Thursday estimated.
(Reuters) - Islamic financial assets around the world hit $1.3 trillion in 2011, a 150 percent increase over five years as the industry expands into new country's beyond core markets in the Middle East and Malaysia, a report on Thursday estimated.
Goldman advisor says completed work on sukuk
(Reuters) - Dar Al Istithmar, the advisor to Goldman Sachs' planned $2 billion sukuk programme, said it had finished obtaining the approval of Islamic scholars for the issue and that the next move was up to Goldman.
(Reuters) - Dar Al Istithmar, the advisor to Goldman Sachs' planned $2 billion sukuk programme, said it had finished obtaining the approval of Islamic scholars for the issue and that the next move was up to Goldman.
28.3.12
Standard launched for Islamic profit rate swap
(Reuters) - In an effort to help Islamic financial institutions hedge risk, global standard-setting bodies have launched a standard contract template for Islamic profit rate swaps (PRS).
(Reuters) - In an effort to help Islamic financial institutions hedge risk, global standard-setting bodies have launched a standard contract template for Islamic profit rate swaps (PRS).
21.3.12
Arcapita Chapter 11 exception, not rule for Gulf
(Reuters) - Bahraini investment house Arcapita's move to file for bankruptcy protection in the United States, while a milestone for debt restructuring in the Gulf, is unlikely to prompt other regional firms to follow suit.
(Reuters) - Bahraini investment house Arcapita's move to file for bankruptcy protection in the United States, while a milestone for debt restructuring in the Gulf, is unlikely to prompt other regional firms to follow suit.
15.3.12
Tunisia sets up Islamic finance working group
(Reuters) - The Tunisian government has set up a working group that will study how to develop Islamic finance in the country, a finance ministry official said.
(Reuters) - The Tunisian government has set up a working group that will study how to develop Islamic finance in the country, a finance ministry official said.
1.3.12
Insight: "Rock star" scholars a risk for Islamic finance
(Reuters) - Decades of parsing turgid legal documents have not dampened the enthusiasm of octogenarian Islamic scholar Sheikh Hussein Hamed Hassan. He gets agitated as he searches for a paper among piles of documents strewn across his posh Dubai office.
(Reuters) - Decades of parsing turgid legal documents have not dampened the enthusiasm of octogenarian Islamic scholar Sheikh Hussein Hamed Hassan. He gets agitated as he searches for a paper among piles of documents strewn across his posh Dubai office.
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