Tag "Sukuk"
Future Generator: Senegal’s political fortunes trending upwards
GRI and EE’s ‘Future Generator’ predicts that Senegal’s political fortunes are bent to improve due to positive economic and international developments.
Under the Radar: Sukuk bonds boom in West Africa
West Africa has long been under-serviced by Islamic finance, yet 2016 is seeing major growth in sukuk issuances, with domestic and foreign interest piqued.
IMF urges Islamic finance to unlock its full potential
Islamic banking has the potential to promote financial stability, boost SMEs, and contribute to greater financial inclusion. But the IMF recently stressed on the numerous challenges the industry has to
Islamic finance expands with British sukuk
The British government recently issued its first sukuk, a financial certificate compliant with Islamic law. As Islamic finance becomes more mainstream, other European governments could follow suit. This summer, the British
Senegal sukuk bond signals wider African interest in Islamic finance
Senegal plans to issue an Islamic law compliant bond in 2014, building on momentum in sukuk issuance globally. Senegal’s government looks set to issue a type of Islamic bond, known
Is there any hope left for Libya?
Since the fall of Qaddafi, Libya has continuously fallen victim to armed militias and political deadlock, weakening its economy and eroding public trust in the new government. Diversification is key
Western and Islamic bank compliance a two-way street
With the Islamic financial sector growing rapidly in recent years, Western banks and their Islamic counterparts must make legal and regulatory compliance a top priority. As transnational trade realizes the
What explains Cameron’s embrace of Islamic finance?
Over the past few months, Britain’s Conservative Party has shifted its position on immigration to retain supporters, who seem inclined to side with the far-right UKIP. Now, in a gesture that seems
