Sri Lanka this month became the latest country to have a full-fledged commercial Islamic bank following the start of business operations in early August at the b
In the high court in London earlier this year a Muslim businessman brought a case against a fellow Muslim businessman concerning a dispute over the arbitration p
The successful closure of the RM750 million ($254 million) Sukuk Wakala bi Istithmar issued by Kuwait-based Gulf Investment Corporation (GIC) under its existing
Sukuk and infrastructure should be a natural fit. While the sukuk market has flourished over the last four years, these have concentrated more on raising finance
On Tuesday Daud Vicary, former global head of Islamic finance at Deloittes, formally takes over the helm at the International Centre for Education in Islamic Fin
When Saudi Arabia's Al-Rajhi Bank enters a new market, be it through a wholly-owned standalone subsidiary or a branch, then competitors stand up and take no
Student accommodation as a commercial property asset class is making a comeback in Shariah-compliant financing whether through individual transactions or through
One of the positive outcomes of the 36th annual board of governors meeting held in Jeddah last month was the approval by the Board of Directors of the Islamic Co
In perhaps one of her more potentially important speeches in recent times, Zeti Akhtar Aziz, governor of Bank Negara Malaysia, the central bank, stressed that th
Commercial and credit risk insurance is part and parcel of most financial transactions, although some companies doing cash business in some emerging countries in
