Tag "Islamic finance"
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.
The Week Ahead
Olympics kick off. BoE sets rates. US election shifts into high gear. Muslim leaders meet. South Africa votes. All in The Week Ahead.
Turkish Bank Asya feels the political heat
Turkish Bank Asya has recently come under intense scrutiny through government investigations. Though the bank continues to deny all allegations, evidence is growing that the bank’s books may not all be
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
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
Globalisation of the Halal Industry
The market for halal products is a fast-growing, interconnected industry of global proportions. There are over 1.6 billion Muslims worldwide, making for a sizable consumer base. Meanwhile, the halal market,
