Carmaker presents itself at the World Economic Forum Shuttle fleet sharply underscores strict CO2 guidelines in Davos Audi Urban Future Initiative and Audi A2 concept provide ideas for the mobility of the future caption: Audi Chairman Rupert Stadler strongly advocates a common economic and finance policy in Europe at the World Economic Forum in Davos: […]
GLOBAL CALLS FOR ECONOMIC JUSTICE: THE POTENTIAL OF ISLAMIC FINANCE
Date: Wednesday 22 February 2012
Time: 6.30-8pm
Venue: Hong Kong Theatre, Clement House, London School of Economics
Speakers: Mukhtar Hussain, Professor Volker Nienhaus
Chair: The Hon….
Sukuk issuance in 2012 will increase by 25-30% to eradicate the USD 200 billion barrier, despite challenges that face prosperity of this industry, such as the financial struggles of some European countries and their effect on the rest of the world. Thi…
Islamic banks’ credit to the real estate sector has sprang to a staggering 71.24% at the end of November 2011, compared to the same period in 2010.
However, the credit facility to the contracting sector saw a major drop of 69.995. The sector included…
The issue of Islamic finance has taken centre stage in Morocco following the Justice and Development Party’s (PJD) electoral triumph. The PJD has talked of promoting Islamic finance on a number of occasions.
Bank Al-Maghrib Governor Abdellatif Jouahri …
UAE energy group Dana Gas appointed an international firm to advise on its $920 million convertible sukuk maturing in October, adding it won’t stop to meet its obligations.
Dana Gas shares were up 5.9 per cent at 0945 GMT, while the sukuk was unchanged…
HSBC Amanah anticipates global sukuk issuance to grow to US$44 billion in 2012 from US$26.5 billion last year. Malaysia was forseen to account for 60% of the total while the Middle East and North Africa (MENA) region 32%. It also stated that government…
Dow Jones Indexes announced that Tebyan Asset Management has licensed the Dow Jones Islamic Market (DJIM) CHIME Index to benchmark its new fund, the Tebyan CHIME Opportunities Fund.
The DJIM CHIME Index is created to measure the performance of 100 lead…
A.M. Best Co. has released its criteria report, „Rating Takaful (Shari’a Compliant) Insurance Companies.“ The report can be accessed at http://www.ambest.com/ratings/methodology.asp.
The updated criteria report takes into consideration the changes refl…
There is a need to help Middle Eastern investors understand Asian sukuk, because if investors from the Middle East become familiar with Asian sukuk, it can be a driving force for more of its issuance in Asia. The statement came from Rafe Haneef, HSBC A…
