Dubai has a bumpy road with Foreign Investments
Dubai’s model is working, but some bumps lie ahead By Christopher Davidson Monday, December 31, 2007 By the close of 2007, contributions from non-oil related sectors of the Dubai economy will account for an estimated 95 percent of the emirate’s gross domestic product. As a result, Dubai’s is now very much a “post-oil economy” and, […]
Dirhams for Dollars-Diversifying Gulf State Investors
Dirhams for Dollars: Diversifying Gulf State Investors Flock to U.S. Markets Flush With Revenue From Oil Prices Approaching $100/Barrel, Mideast Governments and Monarchies are Buying U.S. Office, Industrial, Apartment and Hotel Assets Oil reserves don’t last forever, and Persian Gulf nations are looking to the future, scouring the U.S. and other global markets for investments […]
Beware! This could wreck American Financial Markets
It’s the new animal, and it’s the prowl in the global finance and capital markets. To all those who had repeatedly asserted that capital, especially global capital, does not have colour and hence one needs to encourage free flow of the same, the reversal in their stated position has been remarkably swift. What is indeed […]
Islamic banking: Race is on to provide shariah products By Andrew Wood Published: December 5 2007 07:34 | Last updated: December 5 2007 07:34 function floatContent(){var paraNum = “3” paraNum = paraNum – 1;var tb = document.getElementById(‘floating-con’);var nl = document.getElementById(‘floating-target’);if(tb.getElementsByTagName(“div”).length> 0){if (nl.getElementsByTagName(“p”).length>= paraNum){nl.insertBefore(tb,nl.getElementsByTagName(“p”)[paraNum]);}else {if (nl.getElementsByTagName(“p”).length == 3){nl.insertBefore(tb,nl.getElementsByTagName(“p”)[2]);}else {nl.insertBefore(tb,nl.getElementsByTagName(“p”)[0]);}}}} About 350m Muslims live in the rapidly-expanding […]
Islamic Finance-From Reuters, “Safe Haven or Irrational ecuberance?”
Islamic finance: safe haven or irrational exuberance? Reuters Monday December 10 2007 By Mark Bendeich KUALA LUMPUR, Dec 10 (Reuters) – Global financial markets are in turmoil but in the strangely calm world of Islamic finance, no one looks like jumping out of a window any time soon. As conventional credit markets seize up, forcing […]
The 14th Annual World Islamic Banking Conference
function printPage(){ document.getElementById( ‘btnPrint’ ).style.display = “none”; document.getElementById( ‘btnClose’ ).style.display = “none”; print(); document.getElementById( ‘btnPrint’ ).style.display = “inline”; document.getElementById( ‘btnClose’ ).style.display = “inline”; } window.focus() thead { display: table-header-group; } .sponsor1{color:#999999;font-size:10px;} .sponsor2{color:#999999;font-size:14px;} world islamic banking conference focuses on combatting competition & capturing new international growth markets The 14th Annual World Islamic Banking Conference […]
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Abu Takes Manhattan, Washington, we are doomed!
(Hat tip Margo I)REVIEW & OUTLOOKCiti of Arabia Abu Dhabi takes Manhattan–and Washington, too? Thursday, November 29, 2007 12:01 a.m. http://www.opinionjournal.com/editorial/feature.html?id=110010920 Investors seem delighted that Abu Dhabi is injecting $7.5 billion into Citigroup, bidding up stocks in general on new confidence that the mortgage solvency crisis might ease. We hate to spoil the party, but […]
Dubai Fund Hires BIG Hitters
Financial Times FT.com COMPANIES Financial services // <![CDATA[ if(typeof window.close != “undefined”) {document.write( ‘ Close ‘ ) }// ]]< Close // <![CDATA[ if(typeof subs!=”undefined” && subs==”Y”) {document.write(‘ Subscription page ‘);}// ]]> // <![CDATA[ if(typeof window.print != “undefined”) {document.write(‘‘) }// ]]> Dubai fund hires big hitters By Martin Arnold in London Published: November 29 […]
Islamic Investments in the US growing
Have faith: Islamic investing offers strong returns by Alysia Patterson Nov 08, 2007 Islamic investment strategies are proving they’re worth a second look from Muslim and non-Muslim investors alike. Amana Trust Income, a mutual fund managed by Bellingham, Wash.-based Amana Mutual Funds Trust in accordance with Islamic Shariah law, has increased 13.9 percent year-to-date, […]
Islamic Bank launches Islamic Equity Trading Fund
Posted: 25-11-2007 , 17:47 GMT Emirates Islamic Bank PJSC is pleased to announce the launch of the Emirates Islamic Equity Trading Fund, a new open-ended fund registered through Emirates Funds Limited in Jersey, Channel Islands. The Fund, which is the sixth Shari’a compliant fund in the Emirates Islamic Bank suite of investment funds in Jersey, […]
Is Abu Dhabi going to become a global financial center??
become a global financial centre? Abu Dhabi is well positioned to be a key banking centre in the Middle East, but it faces challenges in its quest to become an international financial services hub, according to speakers at the Meed Abu Dhabi Conference 2007. Revenues in the Middle East banking industry have been growing at […]
Shariah Compliant Corporate Finance Forges Ahead
November 25, 2007 SHARIAH-COMPLIANT CORPORATE FINANCE FORGES AHEAD While the initial wave of modern Islamic banking focused on the retail side of the business, investment banks are the new trailblazers. US and European banks are bidding for Shariah-compliant tranches of major financings to repackage as investment funds. Meanwhile, the oil-rich countries of the Middle East […]
Sharia Banking, NYT part Two, Major Banks go Islamic
Shari’a Sunday, part 2: Major banks go Islamic From NYT: Rising oil wealth is lifting Islamic banking — banking that adheres to the laws of the Koran and its prohibition against charging interest — into the financial mainstream. Big banks, including Citigroup, HSBC and Deutsche Bank, as well as financial capitals like London, Tokyo and […]
Jihad and the Saudi Petrodollar, from BBC TV
jihad and the Saudi petrodollar Jihad and the Saudi petrodollar II
Islamic Finance Gaining Traction in the U.S.
Islamic Finance Gaining Traction in the U.S. By Staff Reporter Posted, Nov 22, 2007 Most news in the Islamic Finance sector invariably comes from one of a number of Muslim majority countries where Islamic Finance is a major part of the financial infrastructure such as the UAE, Saudi Arabia, Pakistan, or Malaysia. There is […]
HONG KONG enters the Islamic Market
cnnad_createAd(“219695″,”http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=150x50_spon4&cnn_money_rollup=markets_and_stocks&cnn_money_section=trading_center¶ms.styles=fs”,”50″,”150″); cnnad_createAd(“426476″,”http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=150x50_spon1&cnn_money_rollup=markets_and_stocks&cnn_money_section=trading_center¶ms.styles=fs”,”50″,”150″); cnnad_createAd(“36466″,”http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=150x50_spon2&cnn_money_rollup=markets_and_stocks&cnn_money_section=trading_center¶ms.styles=fs”,”50″,”150″); cnnad_createAd(“221682″,”http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_position=150x50_spon3&cnn_money_rollup=markets_and_stocks&cnn_money_section=trading_center¶ms.styles=fs”,”50″,”150″); Hang Seng bank launches Hong Kong’s first Islamic fund November 22, 2007: 05:57 AM EST Nov. 22, 2007 (Thomson Financial delivered by Newstex) — HONG KONG (XFN-ASIA) – Hang Seng Bank said it has launched Hong Kong’s first Islamic fund, as part of a move by the financial center to compete […]
Islamic sukuk market to reach $140b by 2010 November
sukuk market to reach $140b by 2010November 20, 2007 at 3:08 pm | In Uncategorized | Islamic sukuk market to reach $140b by 2010 The global Islamic banking industry has witnessed unprecedented growth of 10 to 15 per cent a year across the board. This growth in the Islamic Financial Institutions (IFIs) has led the Islamic […]
What is Sharia?? Council on Foreign Affairs
Islam: Governing Under Sharia Author: Sharon Otterman March 14, 2005 How have various Muslim countries applied sharia? What is sharia? Does sharia apply only to religious matters? Is there only one interpretation of sharia? What are the five schools? How do the rules of each school differ? Do observant Muslims have to adhere to tenets […]
India Introduces First Islamic Fund, link to article
finance.indiainfo.com – http://finance.indiainfo.com/
Japanese firm makes first Islamic property deal 11.19.07, 6:02 AM ET .headpopvideos { background-color: #336699; color: #ffffff; font-weight: bold; padding:2px;}.borderpopvideos{ border:1px solid #336699;}.bordercolorpopvideos { background-color: #336699;}.rowpopvideos { background-color: #ffffff;}.row1popvideos { background-color: #ffffff;}.row2popvideos{ background-color: #efefef;}.rulepopvideos { background-color: #ffffff;}.spacepopvideos { background-color: #ffffff;} Popular Videos Most Popular Stories TOKYO (Thomson Financial) – A Japanese company Monday completed a […]
S&P Launches Three New Global Shariah Indices
S&P Launches Three New Global Shariah Indices Posted on October 30, 2007 by muslimstoday Click here: Zawya.com – S&P Launches Three New Global Shariah Indices Standard & Poor’s today announced the launch of three new indices designed to meet demand from Islamic investors for investable access to some of the world’s most popular investment strategies. The […]
KSA: IDB maintains top credit rating by Standard and Poor’s Posted on November 7, 2007 by muslimstoday Click here: IINA – IDB maintains top credit rating by Standard and Poor’s For the sixth consecutive year the Jeddah-based Islamic Development Bank (IDB) maintains top credit rating by Standard and Poor’s. In its annual report on international finance […]
Adapting to the Muslim Market-Note the Pitfalls
for free news e-mailer Industry analysis Adapting to the Muslim market 20 May 2006 As the market moves to better understand and represent the Islamic mortgage sector, Grant Bather explains the differences, opportunities and potential pitfalls within the Muslim market The Islamic mortgage market has grown considerably over the past few years, with more Muslim […]
Adapting to the Muslim Market, the Pitfalls and the
for free news e-mailer Industry analysis Adapting to the Muslim market 20 May 2006 As the market moves to better understand and represent the Islamic mortgage sector, Grant Bather explains the differences, opportunities and potential pitfalls within the Muslim market The Islamic mortgage market has grown considerably over the past few years, with more Muslim […]
A Massive Shift of Oil Wealth: Bad News for America Douglas Farah The Washington Post had a provocative article on the massive redistribution of oil wealth that the new record prices for oil is causing. The reality of shifting resources from one section of the world to another is not unusual, although […]
“Islamic Economics and the Final Jihad: The Muslim Brotherhood to the Leftist/Marxist – Islamist Alliance” A Book Review – Michael A. Baker © 2007 For to win one hundred victories in one hundred battles is not the acme of skill. To subdue the enemy without fighting is the acme of skill. – Sun Tzu Why […]
http://www.news.com.au/heraldsun/story/0,21985,22470317-5005961,00.html From correspondents in London September 24, 2007 08:49am QATAR has upped its share in London’s Stock Exchange to nearly 24 per cent, giving the gulf state and neighbour Dubai a controlling stake of nearly 52 per cent. Quoting LSE sources, a Qatari newspaper reported the gas-rich Gulf state bought an additional 3 per […]
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