Islamic Finance

Find shelter from financial crisis in Shariah stocks, study says

Authors found ‘strong support’ for Islamic stocks as a haven during crisis periods
TOKYO • Investors looking for a safe haven in turbulent financial ...

MAIS, KUIS ordered to pay Bank Muamalat RM327m

The judgement is in relation to a 3-bank syndicated financing, led by Bank Muamalat, for the construction of KUIS’ hostel building
by HABHAJAN SINGH / ...

Philippines eyeing sukuk, floaters as budget deficit swells

MANILA • The Philippines is seeking a wider source of financing as the budget deficit swells and funds get increasingly expensive.
The Bureau of the ...

Immediate challenges for IFIs to make 
BNM’s VBI system work

Bank Muamalat’s Mohd Redza and INCEIF’s Mohamed Azmi speak at GIFF 2018 about impending changes with VBI
By HABHAJAN SINGH / Pic By ISMAIL CHE RUS ...

Sukuk innovation needs to go further

Sukuk needs to move towards enhanced risk sharing to have real value added and a competitive edge over conventional bonds
By DR OBIYATHULLA ISMATH ...

Computershare a standby servicer for Tolkien Sukuk

Al Rayan Bank ropes in Aussie company unit in UK’s RM1.4b deal tied to Islamic-style home purchase plans
By HABHAJAN SINGH UK-based Al Rayan Bank plc ...

Moody’s expects US$1b of sukuk from Africa

By BLOOMBERG
London • The amount of sukuk African sovereigns issue will probably increase as they seek to diversify their funding base, Moody’s ...

Doing waqf the smart way

By FARRUKH HABIB
Giving charity is one of the noblest acts in Islam, for which the reward is immensely huge. Islam encourages people to get involved ...

Financing from Islamic banks crosses US$1t mark, says IFSB

IFSB releases country-level data on financial soundness and growth of Islamic banking systems for 21 nations, including the UK
By HABHAJAN SINGH The ...

Regulatory environment for Islamic finance in Asia

By AKBAR KOMIJANI & FARHAD TAGHIZADEH-HESARY
An international Monetary Fund survey on the legal, regulatory and supervisory frameworks for Islamic ...

Has the Islamic finance industry prospered with integrity?

Islamic financing instruments are not accounted differently from interest-based debt financing in companies’ financial reports, argue 2 academics
By ...

Harnessing the business potential of halal food

Consumption of halal products should outpace gains for the overall global food industry over the next five to 10 years, as soaring demand moves beyond ...