VAT Treatment of the Financial Services: Implications for the Real Economy

IIRA Maintains Sovereign Ratings of Republic of Turkey

Islamic Accountability and Waqf Towards Achieving Equitable Distribution of Wealth Within the Islamic Economic FrameworkIslam, Islamic banking, Musharakah, Waqf, Zakat, Provision

Edra Energy Sdn Bhd IMTN Sukuk RM5.280 Billion Programme - Other Terms and ConditionsMurabahah, Shariah, Sukuk, Tawarruq, Wakalah, Sales

Humanitarian Sukuk – Practical Instrument in Eliminating Refugee CrisisIslamic banking, Musharakah, Sadaqah, Sukuk, Waqf, Zakat

Islamic finance series: ‘London as a hub for Islamic finance’. Stella Cox, managing director of DDCAP Group, speaks to Anton Varga from OMFIF. They discuss the origins of Islamic finance in the UK, why London is the ideal hub for Islamic financial services in Europe, and the opportunities that Islamic finance offers the UK post-Brexit.

Firms’ Characteristics: A Preliminary Study of Family Takaful Demand in MalaysiaFiqh, Shariah, Takaful, Waqf, Participation

For unknown reasons, Saudi issuers have over-relied on the floating rate when it comes to pricing riyal denominated Islamic bonds (sukuk). We are not taking about short-term tenor here, rather medium-term. It is a unique feature that differentiates its local debt capital market from any part of the world. I would estimate 95% of total corporate Sukuk issues in Saudi are linked to Saibor (The Saudi Arabian Interbank Offered Rate). Saudi companies who follow this pricing practice for fixed income securities expose themselves to interest rate fluctuations, which can have a detrimental effect on p...

Islamic finance series: ‘Risk management in Islamic finance’. Obiyathulla Bacha, professor of finance and head of the graduate studies department at the Kuala Lumpur-based International Centre for Education in Islamic Finance, joins Rein de Loor, programmes manager at OMFIF. They discuss risk management in Islamic finance, the role of sukuk and the benefits of Islamic finance for investors. Taking into account the rules that govern Islamic banking, this episode assesses how financial institutions manage risk and conduct business. 

Lender-of-Last-Resort Facilities Structuring Shariah-Compliant Instruments and MechanismsFiqh, Islamic banking, Sunnah, Tawarruq, Rabb, Sales