posted by Christopher Holton The Islamic Financial Services Board (IFSB) is seeking to establish some clarity in the murky world of regulation of Shariah-compliant bonds, also known as sukuk. The bone of contention centers around whether sukuk are indeed compliant with shariah and what role national laws and regulations play. Such issues have gained prominence […]
The desperate quest to retrieve petrodollars sent to oil-rich Islamic states results in individuals and institutions outside the Islamic world embracing the Islamic doctrine of Shariah, allowing it to infiltrate through the financial underbelly… The 24th meeting of the IFSB Council, hosted by Autoriti Monetari Brunei Darussalam (AMBD), was held on 27 March 2014 at the […]
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