Blog

December 24, 2009

South Korea Parliament holds bills on sukuk

Islamic bond plan suffers setback Available at: http://www.koreaherald.co.kr/NEWKHSITE/data/html_dir/2009/12/25/200912250013.asp Korea’s plan to tap into the Islamic finance market faces a setback as a parliamentary committee failed to […]
December 23, 2009

Gulf needs better bankruptcy rules to serve sukuk

The near-default of Dubai developer Nakheel’s Islamic bond will trigger calls for better bankruptcy rules in the Gulf as investors wake up to legal and financial […]
December 22, 2009

Borders UK Bookshop to Close Today

Borders staff may lose jobs on Christmas Eve Available at: http://news.bbc.co.uk/1/hi/business/8414862.stm All 1,100 staff at book chain Borders will lose their jobs on Christmas Eve unless […]
December 18, 2009

Credit Suisse pays fine over Iran sanctions

Available at: http://business.maktoob.com/20090000408562/Credit_Suisse_pays_fine_over_Iran_sanctions/Article.htm WASHINGTON – US authorities Wednesday hit Credit Suisse with a record fine of 536 million dollars for “egregious” violations of US sanctions on […]
December 17, 2009

World Bank to help Islamic finance evolve binding rules

World Bank to help Islamic finance evolve binding rules Reuters/Manama. Available at: http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=332140&version=1&template_id=37&parent_id=17 The World Bank plans to support standard-setting bodies of the Islamic finance industry […]
December 15, 2009

Islamic Business & Finance Awards 2009

Winners Of Islamic Business & Finance 2009 Awards Revealed. Available at: http://www.zawya.com/story.cfm/sidZAWYA20091215110534 Amid great anticipation among Islamic bankers, financiers and Islamic banking and finance institutions, the […]
December 14, 2009

Abu Dhabi finally rescues Dubai World

Abu Dhabi Bails Out Dubai World With $10 Billion By Haris Anwar. Available at: http://www.bloomberg.com/apps/news?pid=20601087&sid=aqHghOxWdO00&pos=1 Abu Dhabi provided $10 billion to help Dubai World, the state-owned […]
December 13, 2009

Islamic Finance Still Profitable

Islamic Finance Still Profitable (Oxford Analytica), Available at: http://www.forbes.com/2009/12/10/islamic-finance-after-dubai-business-oxford-analytica-islamic-finance.html Prior to the current financial crisis in Dubai, sukuk issuance had started to revive following two difficult […]
December 7, 2009

Does Islamic Finance Prevent The Future Global Financial Crisis?

Assalamualaikum, Dear readers, It is a great pleasure to share my recent publication in the Global Islamic Financial Magazine. I strongly recommend this magazine especially for […]
SUBSCRIBE

Get the latest posts delivered to your mailbox: