Islamic Finance
Middle East | 1 Oct 13
Islamic bond market now worth 100bn
Sukuk Issuance looks set to reach $100 billion, according to Standard& Poor’s rating service, although global economic fluctuations and structural issues may threaten to impede this growth.
asia and middle east links fuel cross border
Strengthening ties between Asia and the Middle East, particularly within the Islamic finance sector, have been highlighted in a speech by one of Singapore’s senior politicians.
shariah compliant fund platform launched in
Four Luxembourg-based companies have launched a Shariah-compliant platform offering custody and administration services for the “increasing number” of Islamic investment funds being domiciled in the country.
resolution in discussions on possible sale
Resolution Ltd has confirmed that its Friends Life subsidiary is “in discussions on the possible sale of its 30% stake in AmLife Insurance Berhad and AmFamily Takaful Berhad” back to its partner in the joint venture arrangement, Kuala Lumpur-based AmBank Group.
blme partners with crescent to offer australian
Australian Islamic wealth manager Crescent Wealth has partnered with Bank of London and The Middle East in a deal which will offer Australian retail investors exposure to the Islamic bond market for the first time.