Islamic finance news

November 1, 2009

Time for UAE to Rethink Dollar Peg

Available at: http://gulfnews.com/business/banking/time-for-uae-to-rethink-dollar-peg-1.521680 It may be a good time now for the government to reassess the dollar volatility. The UAE should consider a fresh monetary policy, […]
October 31, 2009

Need For Deeper Look Into Islamic Financial Products

Available at: http://www.bernama.com/bernama/v5/newsbusiness.php?id=451329 KUALA LUMPUR, Oct 31 (Bernama) — While Malaysia is doing a great job in promoting Islamic finance, the adaptation process to some of […]
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, […]
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