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October 27, 2009

ISDA Writes Global Standards for Islamic Derivatives

Available at: http://www.bloomberg.com/apps/news?pid=20601087&sid=a5tbswiWa758 Oct. 27 (Bloomberg) — Global standards for Islamic derivatives contracts may be published as soon as December, helping companies and investors manage risk […]
October 22, 2009

Islamic bank loses millions in New Zealand investment

Available at: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10604858 An Islamic bank has been burned by tens of millions of dollars from its investment in one of New Zealand’s most iconic brands. […]
October 15, 2009

Islamic finance industry stunted by lack of expertise

Available at: http://www.ftadviser.com/FTAdviser/Investments/Region/News/article/20091015/961309e4-b979-11de-8529-00144f2af8e8/Islamic-finance-industry-has-lack-of-expertise.jsp A shortage of expertise in the Islamic finance industry and the lack of regulatory harmonisation are the biggest obstacles facing the sector’s growth, […]
October 13, 2009

Call to review interest in court judgements

By Habhajan Singh, Available at: http://www.themalaysianreserve.com/SubPage.asp?pageid=6&eventid=1177 The provision for High Court judges to grant interest upon judgment needs to be looked into as far as Islamic […]
October 12, 2009

Islamic Development Bank announces plans to launch investment bank

Available at: http://www.business24-7.ae/Articles/2009/10/Pages/11102009/10122009_f78f86a991ef4704a73a0f24d1298ada.aspx The Jeddah-based Islamic Development Bank (IDB) announced the launch of an Islamic investment bank with initial capital of $1 billion (Dh3.6bn) to promote […]
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