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Showing 11 - 20 of 28 results for "Islamic finance"

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... firms] have been working on a model which enables Australian Muslims to purchase a property with leverage using Islamic finance while maintaining the familiar structure of a traditional home purchase," DomaCom said in ASX filings. The firms said 771,000 ...

Shariah-compliant ETF launches

KARREN VERGARA  |  THURSDAY, 1 OCT 2020
... with Shariah principles overseen by a panel of scholars from Amanie Advisors, an advisory firm specialising in Islamic finance solutions. Shariah-compliant investing involves following a set of principles that includes not charging any form of interest ...

Australia should consider Islamic finance to bridge infrastructure gap

ALEX BURKE  |  MONDAY, 4 JUN 2018
... infrastructure investment in favour of offshore assets, Crescent Wealth managing director Talal Yassine believes the Islamic finance market should help make up Australia's shortfall. Yassine called on the Federal Government to underwrite super funds' ...

Islamic super fund sees 245% FUM growth

LAURA MILLAN  |  WEDNESDAY, 19 AUG 2015
... Yassine said. Yassine said that the fund's growth over the last year "proves the depth of our market and cements Islamic finance as a significant segment of the sophisticated Australian financial services market." The fund has achieved a total return ...

Australian Islamic finance presents opportunities

MARK SMITH  |  FRIDAY, 26 APR 2013
... attractive to businesses overseas," he said. "Muslims represent 23% of the global population, but in Australia, Islamic finance compliant products represent less than 1% of the total. The growth opportunity is unavoidable." Kalam added that he sees no ...

Government eyes Islamic finance growth opportunity

MARK SMITH  |  WEDNESDAY, 17 APR 2013
The Australian government has said that the Islamic finance provides a opportunity for growth in the both the Australian financial services sector and the wider economy. Addressing delegates at the first Amanie Australia Islamic Finance Forum in Melbourne ...

Islamic finance forum to discuss Shariah growth opps

MARK SMITH  |  WEDNESDAY, 3 APR 2013
The Amanie Australian Islamic Finance Forum will be held at the Park Hyatt Hotel in Melbourne on 16 April. Amanie Advisors Australia has recently become one of the first specialist Shariah advisory bodies to be granted an AFSL licence this country. ...

Sukuk demand to reach US$900bn in five years

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
... money through Sukuk instruments and to offer Shari'a compliant products," said Ashar Nazim, Ernst & Young's MENA Islamic finance services leader. The fastest growing segment is Ringgit-denominated Sukuk, which accounts for more than two thirds of total ...

Indonesia readies for bond rating upgrade

ALEX DUNNIN  |  THURSDAY, 17 NOV 2011
... coupon payments are funded through structured profit streams from that stake. They are constructed to comply with Islamic finance rules that prohibit traditional interest payments. They can trade at a discount, however, as they can not be covered by ...

Islamic fund opens doors to Australian investors

MATT WOODINGTON  |  THURSDAY, 6 OCT 2011
... an innovative new product to the Australian investment community and number two, help access the $1.4 trillion Islamic finance market."