Abu Dhabi, Oman Shares Advance; Saudi Arabia’s Index Declines www.bloomberg.net By Zainab Fattah Feb. 24 (Bloomberg) — Shares in Abu Dhabi, Oman and Qatar advanced, led by real-estate developers and banks, on investor perceptions prices now are low compared with those in other emerging markets and that regional growth will benefit from higher oil prices. […]
Weekly Market Report on the GCC Stock Markets-Gulfbase
GulfBase.com is pleased to present the Weekly Market Report on the GCC stock markets; summary of markets’ indices along with gainers, decliners, volume and value leaders in addition to a summary of the whole market over the past week. Please find below an updated summary of the GCC stock markets’ indices as of 21/02/2008: […]
GulfBase.com is pleased to present the Weekly Market Report on the GCC stock markets; summary of markets’ indices along with gainers, decliners, volume and value leaders in addition to a summary of the whole market over the past week. Please find below an updated summary of the GCC stock markets’ indices as of 14/02/2008: […]
http://www.ameinfo.com/146682.html <http://www.ameinfo.com/146682.html> Shariah-compliant investments bode well for investors in the MENA region, say experts at HSBC Amanah seminar Leading Islamic finance experts recently drew a positive outlook for the Islamic investments and capital markets in the region during a seminar held in Dubai by HSBC Amanah Wealth Management on the prospects and opportunities of Shariah-compliant […]
www.arabtimesonline.com Business News Sheikh Salem urges more Islamic finance products LONDON (Agencies): A wider variety of Islamic finance instruments would make it easier for monetary authorities to intervene in that market to control liquidity, Kuwait’s central bank governor said on Tuesday. Speaking at a conference on Islamic finance in London, Sheikh Salem Abdul Aziz Al-Sabah […]
Islamic Banking:Is it Really Kosher? by Aaron MacLean
February 6, 2008 Islamic Banking: Is It Really Kosher? March/April 2007 Muslim scholars say the Qur’an prohibits collecting interest on loans. But many banks, both global and local, have found clever ways to meet religious strictures. It’s a system that may be hypocritical, but also profitable. By Aaron MacLean The American The coverage can be […]
Reuters-Greed an Fear hold back Gulf Islamic Bonds
body { background: #FFF; } Print | Close this window Greed and fear hold back Gulf Islamic bonds: LMC Tue Feb 5, 2008 1:17pm EST By Mohammed Abbas MANAMA (Reuters) – Greed and fear linked to the subprime debt crisis are holding back Gulf Arab Islamic bond sales, even though issuers have little to […]
Deutsche Bank CEO sees Islamic Hedge Fund growth in 2008
Deutsche sees Islamic hedge fund growth in 2008 http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL0439641020080204 hat tip-Margo I.
body { background: #FFF; } Print | Close this window Islamic bank Kuveyt Turk’s IPO postponed – sources Fri Feb 1, 2008 2:34am EST ISTANBUL, Feb 1 (Reuters) – An initial public offering for Turkey-based Islamic lender Kuveyt Turk has been postponed due to market conditions, two sources familiar with the deal told Reuters […]
IBF NET | IIIBF CERTIFICATION PROGRAMS | PARTNERS | PUBLICATION | E-LIBRARY | FORUM | CIBFP | IBF STEP | DIRECTORIES | EVENTS | FAQ ISLAMIC FINANCIAL INSTITUTIONS Middle East | South East Asia | Indian Subcontinent | Africa | Europe, America & Rest of the World MIDDLE-EAST Bahrain Bahrain Islamic Bank ABC […]
AUGUST 8, 2005 INTERNATIONAL — FINANCE Islamic Banks: A Novelty No Longer Lenders that avoid charging interest, in line with Koranic rules, are spreading — even among Western institutions When British banking giant HSBC Group (HBC ) began offering mortgages carefully formulated to meet Islamic banking practices last year in Malaysia, it was surprised that […]
New push for Sharia-based transactions Published: 30th January 2008 MANAMA: An accounting watchdog has launched a major initiative to streamline Sharia compliance of financial contracts for Islamic finance transactions. The Accounting and Auditing Organisation for Islamic Financial Institutions’ (AAOIFI) contract certification programme involves certifying that financial contracts between Islamic financial institutions and their clients […]
January 30, 2008 at 3:03 pm Demand fuels growth and evolution of corporate sukuk market with sukuk costs set to drop – S&P Standard & Poor’s Ratings Services said market demand for sukuks, or Islamic bonds, will continue to the extent that they evolve into a more commoditized asset class. “Although corporate sukuks are as […]
January 30, 2008 at 3:03 pm Demand fuels growth and evolution of corporate sukuk market with sukuk costs set to drop – S&P Standard & Poor’s Ratings Services said market demand for sukuks, or Islamic bonds, will continue to the extent that they evolve into a more commoditized asset class. “Although corporate sukuks are as […]
Moody’s-Related stories to Islamic Banking weaknesses
Related stories to: Moody’s report cites particular Islamic banking weaknesses Islamic banks aim to expand into Europe The Islamic banks of London are preparing to gain more business from the 15 million European Muslims… 2008 to see Islamic banking to rise by 20% Over the course of 2008 it is projected that the Islamic banking industry will […]
– Banking Times: Daily Banking News – http://www.bankingtimes.co.uk – Moody’s report cites particular Islamic banking weaknesses Posted By Richard Kilner On January 30, 2008 @ 3:26 pm In Banking News | No Comments Moody’s Investors Services has published a report which reveals that Islamic banking, cited as more resistant to the negative consequences of the […]
Shariah Capital-Press Releases-Learn who the players are, and use this to educate yourself about the risks of Shariah Law and Finance
Welcome to Shariah Capital’s News and Press Releases page. Below, please find all recent press releases and news articles for Shariah Capital. If you would like to inquire further, please contact Joseph Gau: [email protected] 11.20.2007 Shariah Capital Awarded Master of Islamic Funds for 2007, Shariah Capital Press Release 11.12.2007 Shariah Capital Announces Shariah Advisory […]
Wall Street Journal Video re: The potential impact and reach of foreign gov investment funds on the US economy and article re; Soverign Wealth Fund Map
Sovereign Wealth Fund Map (This was in a WSJ article below) http://online.wsj.com/public/resources/documents/info-foreignSWF08.html Video: WSJ’s Dennis Berman discusses the potential impact and reach of foreign government investment funds on the U.S. economy. http://link.brightcove.com/services/link/bcpid452319854/bctid1380790724 Lobbyists Smoothed the Way For a Spate of Foreign Deals By BOB DAVIS and DENNIS K. BERMAN January 25, 2008; Page A1 http://online.wsj.com/article/SB120120895483414521.html WASHINGTON — Two […]
Canadian Concerns about Islamic Banking in an op ed today
EDITORIAL – The ‘pizza-fication’ of Canada’s justice system Wed, May 19 2004 You are likely to be one of the many rolling their eyes and wondering what’s next after reading our front page report. But before you head for the computer to bash out a fiery response, keep in mind that the fundamental issue here […]
www.arabianbusiness.com Industry Press Release IBA’s ‘Islamic Finance in the Middle East’ conference argues the need for standardized regulation of Islamic Finance Posted on Wednesday, 23 January 2008 Al Tamimi & Company Press Release Content Speakers at International Bar Association’s (IBA) ‘Islamic Finance in the Middle East’ conference were nearly unanimous about the need to apply […]
Home | About Us | Feedback Business Strategies for the Muslim World Jan 2008: Muharram 1429: Issue 23 Home / Questioning “Shari’ah Conversion Technology”: Yusuf Talal Delorenzo By Staff Reporter Posted, Jan 26, 2008 Innovation is a cornerstone of the financial markets. Without the development of […]
Print January 26, 2008 The LPEI can also do its job based on a sharia financial system to lure investors from Islamic countries, such as the Islamic Development Bank, which has invested money in Indonesia since 1976,” said Mulyani. Indonesia, the world’s largest Muslim country, is considered a potential market for sharia-based banking and financing. […]
Islamic Scholars will discuss Shariah Finance
http://finchannel.com/index.php?option=com_content&task=view&id=5039&Itemid=38 Islamic Scholars will discuss Sharia’a Finance 25/01/2008 13:36 ( The FINANCIAL — Some of the world’s leading authorities on Islamic Finance will be meeting in London this week to discuss the launch of new Sharia’a-compliant products for the UK banking market, Islamic Bank of Britain reports. The Islamic Bank of Britain’s (IBB) […]
Islamic Scholars will discuss Shariah Finance
http://finchannel.com/index.php?option=com_content&task=view&id=5039&Itemid=38 Islamic Scholars will discuss Sharia’a Finance 25/01/2008 13:36 ( The FINANCIAL — Some of the world’s leading authorities on Islamic Finance will be meeting in London this week to discuss the launch of new Sharia’a-compliant products for the UK banking market, Islamic Bank of Britain reports. The Islamic Bank of Britain’s (IBB) […]
Banks are helping sharia make a back-door entrance Globe and Mail – Canada Recently, the Toronto Star’s business section reported that an unnamed bank may offer sharia loans as early as this summer; Le Journal de Montreal disclosed … Great article by Tarak Fatah about the implications of sharia laws being inroduced into Canada via […]
The need for standardized regulation of Islamic Finance Dubai (23 January 2008) Speakers at International Bar Association’s (IBA) ‘Islamic Finance in the Middle East’ conference were nearly unanimous about the need to apply some level of consistency in Islamic Finance laws across the GCC countries in order to establish regionally-accepted regulatory standards. The IBA conference, which […]
The Arab economic boycott of Israel has mostly disappeared. But now it lives on, in the Dutch stock exchange. Businesses dealing with alcohol, the sex industry, financial services – they are all banned by Sharia law due to what they do. Businesses in Israel are banned due to what they are. Are Arab-Israeli businesses banned […]
body { background: #FFF; } Print | Close this window FACTBOX-How Islamic banking works Mon Jan 21, 2008 9:07pm EST (Reuters) – For Islamic finance to comply with sharia, or Islamic law, financiers charge no interest and do not invest in prohibited businesses such as trading in alcohol, pork, arms, pornography or gambling. Following […]
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