Islamic finance news

January 9, 2010

Another hurdle to Islamic Finance in India

Court stays Kerala’s Islamic banking plans Available at: http://economictimes.indiatimes.com/news/politics/nation/Court-stays-Keralas-Islamic-banking-plans/articleshow/5414884.cms KOCHI | NEW DELHI: A division bench of the Kerala High Court on Tuesday stayed all further […]
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 […]
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 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 […]
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