The 1st Ernst & Young World Islamic Banking Competitiveness Report 2011 presented at the 18th Annual World Islamic Banking Conference stated that Islamic banking assets with commercial banks globally will reach US$1.1 trillion in 2012, a significan…
Allianz SE is searching to further develop its takaful, or Islam-compliant insurance, in the Asia-Pacific region, using its experience in Indonesia where it sees substantial market demand for comprehensive and affordable plans.
Kamesh Goyal, regional c…
Africa is mooving its economic attention away from the west to the Middle East and Asia as a primary source of capital raising. This shift in alignment partially explains the expected launch of a number of Sukuk across the continent in 2012.
Countries …
Bank Sarasin-Alpen won the Best Islamic Wealth Manager award at the Islamic Business and Finance Awards 2011 that took place at the Emirates Towers Hotel, Dubai on 13th December, 2011 and was managed by CPI Financial. The award was handed to Rohit Wali…
Bahrain’s BMI Bank has signed a strategic agreement with regional insurer Medgulf Allianz Takaful.
This agreement will allow the bank to present customers a suite of life and non-life Takaful products through its branch network.
Saudi Arabia has the largest population, GDP and oil reserves in the GCC region and is strategically and militarily important on both a regional and global scale. Despite all this, unlike its neighbors the UAE or Bahrain, Saudi Arabia is not a cultural…
Africa has begun to move its economic attention away from the west to the Middle East and Asia as a primary source of capital raising. This shift in alignment partially explains the forthcoming launch of a number of Sukuk across the continent in 2012.
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Foreign issuance of sukuk in Malaysia is anticipated to increase by 25%-30% next year from 10%-15% currently owing to the global economic calamities and eurozone sovereign debt crisis.
Amanie Advisors Sdn Bhd director Baiza Bain noted that the sukuk is…
Abstract academic paper:
Using a large international sample of 35 developed and emerging markets, we analyze
whether Islamic indices exhibit a different performance to conventional benchmarks. While there is no compelling evidence of performance differ…
The Best Islamic Wealth Manager award was given to Bank Sarasin-Alpen at the Islamic Business and Finance Awards 2011 organized by CPI Financial, publisher of Islamic Business and Finance magazine. The award was accepted by Rohit Walia, Executive Vice …
