Friday, Apr 3, 2026

International Finance

Category : Islamic Banking

Islamic Banking

Scotland –Opening Opportunities For Islamic Finance

International Finance Desk
by International Finance Desk
The Islamic Finance Council UK (IFC), based in Scotland, estimates that an investment of £ 120m and £ 200m could be invested in Scotland for infrastructure products following a successful Islamic Sukuk bond. 24th October 2013 Scotland is emerging itself as a potential hub for Islamic finance following a major conference held by leading Scottish...
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Islamic Banking

What Financial products do Muslim adults want?

International Finance Desk
by International Finance Desk
By Asli DEMIRGÜÇ-Kunt 18th October 2013 “Islamic finance” is a phrase that you hear a lot in development circles these days. Indeed, many policymakers are interested in the potential of Sharia-compliant financial services to expand financial inclusion among Muslims adults. Our colleagues down the street are no exception:  earlier this year the International Finance Corporation...
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Islamic Banking

Singapore to host 4th World Islamic Banking Conference –Asia Summit

International Finance Desk
by International Finance Desk
SINGAPORE will host the fourth edition of the World Islamic Banking Conference: Asia Summit (WIBC Asia), which will bring together more than 480 Islamic finance players and thought leaders under one roof. More than 480 leaders are expected to participate in the World Islamic Banking conference to be held in Singapore from the 3rd to...
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Islamic Banking

Impediments to the Growth of Islamic Finance

International Finance Desk
by International Finance Desk
The Islamic finance sector is estimated to be worth £ 1.2 trillion, and is expected to grow to £ 1.6 trillion by 2015. 13th September 2013 The 9th World Islamic Economic Forum or WIEF would be held from October 29th to 31st at ExCel London in the United Kingdom, first time outside the Muslim world....
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Islamic Banking

Senegal as the West African Hub for Islamic Finance

International Finance Desk
by International Finance Desk
Senegal’s attraction to banks rests on its macroeconomic and political stability. Senegal as the West African Hub for Islamic Finance Senegal’s banking system is one of Africa’s most competitive. Yet, there is still lot of scope for it to expand and improve due its steady economic growth and a large unbanked population. If this rise...
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Islamic Banking

Boom Times for Islamic Education

International Finance Desk
by International Finance Desk
The object of the Islamic economic system is to secure the widest and most beneficial distribution of wealth through institutions, set-up by it and through moral exhortation. Muslims worldwide abide strictly by the teachings of their founder Muhammad, who led his life as a humble merchant and was a “trustworthy one” by all those who...
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Islamic Banking

Islamic Finance a Global Alternative for Socially Responsible Investment

International Finance Desk
by International Finance Desk
The Rise of Socially conscious consumers, entrepreneurs and Leaders in the U.S who expect business to play an ethical role in generating social good is the reason for the increase in the performance of Islamic Banking. Islamic finance is certainly the fastest growing segments of international financial markets. While the U.S. relationship with the Islamic...
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Islamic Banking

Islamic Banking and Profit Fairness

International Finance Desk
by International Finance Desk
Several scholars today sense the danger that that method of calculating profit represents to the Islamic financial industry as a whole. Islamic finance is a moral financial model based on divine principles, the most important of which is justice. There are many Quranic verses and Hadiths that deal with this, such as: “We sent aforetime...
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Islamic Banking

Could Ratings Help Boost Transparency in the Trillion-Dollar Islamic Finance Market?

International Finance Desk
by International Finance Desk
Those involved in Islamic finance readily agree the 40-year-old market has reached a juncture where it must develop further transparency to address concerns about the security of its products. When Dubai’s biggest investment conglomerate, Dubai World, stunned markets last November with a request to freeze repayments on $26 billion in debt, the upstart Gulf emirate...
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Islamic Banking

Role of Shariah in Equity Based Financing

International Finance Desk
by International Finance Desk
The issue of how Shariah can support the development of equity-based financing is one that affects the growth of the industry. The issue of how Shariah can support the development of equity-based financing is one that affects the growth of the industry, said a much sought-after Shariah scholar of Islamic finance. “Since the inception of...
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