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Islamic Finance News Digest – July 2020
Islamic finance sector needs to unlock its long-term potential “While the pandemic has certainly highlighted the need to standardise the sector and the advantages that digitalisation can bring, it has also demonstrated that the industry has plentiful opportunities for growth. Collaboration amongst stakeholders will be key in ensuring that the industry is able to unlock …
News Digest in Islamic Finance June 2020
Dubai outlines plans to unify legal framework for Islamic finance Once complete, the project would bring “much anticipated standardisation to the Islamic finance sector, reduce discrepancies in practices across the globe, and eventually translate into positive outcomes for the Islamic economy as a whole”, Dubai Media Office said. Covid an opportunity to transform Islamic finance, …
News Digest in Islamic Finance May 2020
UAE takes lead to set up unified legislative framework in Islamic finance The UAE has launched an initiative to create a unified global legal and legislative framework for the Islamic finance sector that will enable the Islamic economy to expand its reach and implement greater standardisation within the sector. Post-COVID-19 economic revival: Islamic finance can …
Free Live Webinar: Maqasid As-Shariah vis-a-vis Islamic Financial Engineering in Battling Covid-19
Do join us to hear from our expert panelists sharing their thoughts and ideas. Maqasid As-Shariah vis-a-vis Islamic Financial Engineering in Battling Covid-19 This is a recorded Webinar on the topic entitled: Maqasid Shariah vis-a-vis Islamic Financial Engineering in Battling COVID-19 The session included a live Q&A with our experts: Datuk Dr. Mohd Daud Bakar, …
News Digest in Islamic Finance March 2020
Every month we will bring the digest of Islamic finance news to all our readers. Commentary: How much does the Islamic economy embrace gender diversity and inclusion? “As women make their mark in entrepreneurship, the corporate world of Islamic finance and banking still lags behind in diversity and inclusion, especially across leadership level. The greatest …
News Digest in Islamic Finance February 2020
Innovative Funding for Humanitarian Impact in Africa CEO for the Amanie Global Office, Maya Marissa Malek has been invited to join a panel of speakers at an upcoming Chatham House event to discuss Innovative Funding for Humanitarian Impact in Africa. The speakers will assess the challenges for sustainable financing in the humanitarian sector and prospects …
News Digest in Islamic Finance January 2020
GCC to play a key role in 2020 sukuk issuance “Global sukuk issuance in 2020 is expected to surge further on the back of strong growth in 2019 supported by continued demand for issuance from GCC countries and core Islamic finance markets, according to rating agency Standard & Poor’s. “Although global financial conditions should remain …
News Digest in Islamic Finance December 2019
“Planet, people and prosperity ― or the Three Ps ― are the new frontier of Islamic finance in bringing greater value to the economy, society and the environment, says the Sultan of Perak, Sultan Nazrin Shah. While in many tangible ways Islamic finance industry has already helped to generate more socially conscious and sustainable economic …
News Digest in Islamic Finance November 2019
Sukuk-Focused Amana Participation Fund Attracts $100 Million in Assets “Saturna Capital Corporation (Saturna), adviser to the Amana Mutual Funds, announced that the Amana Participation Fund (AMAPX, AMIPX), which invests primarily in income-producing securities called sukuk, has surpassed a milestone $100 million in assets. To ensure the Amana Funds’ investments meet the requirements of the Islamic …