Thu May 27, 2010 17:14 GMT |
Having surpassed the US$1trn mark, we take a look at Islamic banking and its outlook over the next couple of years. Liz Martins, Head of Middle East and North Africa analysis at Business Monitor International, discusses some opportunities and threats of an industry that is expected to double in size over the coming five years.
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Tags: Bahrain, Bonds, Dubai, gharar, Halal, Hedging, Indonesia, Islamic Banking, Murabaha, Qatar, riba, Saudi Arabia, Shari'a, Shari'a Compliant Banking, sukuk, Turkey
Posted in: financial centre, Financials, General, Middle East, Podcast
Thu Aug 20, 2009 16:57 GMT |
‘Islamic banks have withstood the recent turmoil in the global banking industry triggered by the subprime mortgage crisis because their rules do not allow dealings in products like derivatives, options or papers that caused the meltdown.’ At least that’s what I keep reading in the media. And it’s a fair point. If the credit crunch… [Read more]
Tags: Asia, banking sector, Banks, Islamic Banking, Islamic Finance, Middle East, Shari'a, Shari'a Compliant Banking, sukuk
Posted in: Asia, Financials, General, Middle East