Blog

January 4, 2010

Another Reminder to Islamic Finance

Have we learned nothing? Here come the “Islamic Credit Default Swaps” Available at: http://elgamal.blogspot.com/2010/01/have-we-learned-nothing-here-come.html In a recent article, it is reported that the end of the […]
January 3, 2010

Hundreds of Gazans marched with international activists against the Israeli blockade

Hundreds of peace activists from forty two countries, in confrontation with the Egyptian police of in the center of Cairo. Available at: http://www.indypendent.org/2009/12/31/gaza-freedom-march-on-the-march-at-last/ Hundreds of peace […]
December 31, 2009

Islamic finance in 2010

“Towards More Dynamic and Socially Responsive Islamic Finance” InsyaAllah Bank of Kuwait and the Middle East would transform into an Islamic bank in 2010. Germany’s first […]
December 30, 2009

Another sign of Islamophobia?

Shariah finance: The deadly jihadist weapon with a dollar By: David Yerushalmi Available at: http://www.sfexaminer.com/opinion/columns/oped_contributors/Shariah-finance-The-deadly-jihadist-weapon-with-a-dollar-80322192.html News of the recent financial meltdown of Dubai World — a […]
December 29, 2009

CONVOY TO GAZA BLOCKED IN AQABA BY EGYPT

Gaza Aid Convoy Members Prepare For Hunger Strike Available at: http://www.paltelegraph.com/palestine/gaza-strip/3327-gaza-aid-convoy-members-prepare-for-hunger-strike Palestine, December 27, 2009, (Pal Telegraph) – Members of the Viva Palestina international aid convoy […]
December 28, 2009

Solvency Requirements for Takaful Undertakings

The IFSB issues Exposure Draft 11 for public consultation Available at: http://www.ifsb.org/preess_full.php?id=134&submit=more Kuala Lumpur- The Technical Committee of the Islamic Financial Services Board (IFSB) has approved […]
December 25, 2009

How Islamic is Islamic Finance?

How Sharia-compliant is Islamic banking? By John Foster Available at: http://news.bbc.co.uk/1/hi/business/8401421.stm The Islamic finance industry has often battled with the question: How Islamic is Islamic banking? […]
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 […]
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