Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 31 results for "Islamic finance"

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."

Bloomberg opens doors to Islamic finance

MATT WOODINGTON  |  TUESDAY, 22 FEB 2011
Bloomberg is increasing its commitment to the Islamic finance market with the launch of a tailored investing platform and a Malaysian benchmark index, answering calls for more sophistication in the market. The Bloomberg Islamic Finance Platform (ISLM) ...

Malaysia pioneers Islamic Finance framework

ALEX DUNNIN  |  TUESDAY, 15 FEB 2011
Malaysia is stepping up its push to become a world centre of Islamic finance with the release of a Shari'ah Governance Framework for Islamic Financial institutions that will apply to Islamic organisations from June this year. Development of the framework ...

NGS Super considers Shariah-compliant option

ELISE BURGESS  |  FRIDAY, 27 AUG 2010
... collaboration where two businesses meet for the basis of different needs." In February this year, the government released Islamic Finance, which trade minister Simon Crean said at the time is part of the government's initiative to cater for the $1 trillion ...

Islamic finance crucial for Australia: Crean

GOVERNMENT RELEASE  |  MONDAY, 15 FEB 2010
The $1 trillion Islamic finance market is a crucial part of the Australian Government's strategy to make Australia a financial hub in Asia Pacific, according to Simon Crean, minister for trade. At the launch of the Government's booklet, Islamic Finance ...

Deloitte expands Islamic finance business

COMPANY RELEASE  |  WEDNESDAY, 25 NOV 2009
Deloitte is pushing further into Islamic finance with the appointment of a global leader to manage the Shariah compliant division's operations. Daud Vicary Abdullah was appointed Deloitte Touche Tohmatsu global leader of the Islamic Finance Industry ...

Instos pump $700bn into Islamic finance

PRESS RELEASE  |  THURSDAY, 21 MAY 2009
The Islamic finance market has grown by as much as 20 per cent each year for the past six years and is now a $700 billion plus industry, according to State Street. The firm's latest Vision Report on the subject estimated that total assets under management ...

Malaysia tops shariah funds list

RUTH LIEW  |  THURSDAY, 19 FEB 2009
... manufacturing, noted the report. Today, Malaysia tops the list for most highly developed regulatory structure for Islamic finance in the world. The country has attracted more than eight international Shariah managers by offering tax incentives, among ...