While the recent government’s decision to develop Islamic finance is seen as a positive step for an industry that has … More
Category: World
Revolution in West Africa’s regulations
A wind of change is about to blow through the West African Monetary Union (WAMU)’s member states as the Central … More
Niger considers reviving Sukuk program
Jumping on the bandwagon alongside Senegal, Togo and Ivory Coast, Niger could very well be the fourth West African country … More
PODCAST: The future of Islamic finance in Africa is very bright, says Khaled Al-Aboodi
Khaled Al Aboodi, CEO of the Islamic Corporation for the Development of the Private Sector (ICD), discusses the African Islamic … More
Is the cooperative model a good fit for the development of Islamic finance in India?
In a country where the offering of Shariah compliant products and services is almost impossible, the launch in late July … More
Senegal sees Waqf as a major development tool
MARC ROUSSOT takes a look at Senegal where the government had recently taken steps in developing the Waqf asset class. … More
The sale of shares of Banque Zitouna and Zitouna Takaful: A Tunisian revolution legacy
Government-owned Al Karama Holding will be selling its shares in Banque Zitouna, a fully-fledged Islamic bank, and Zitouna Takaful. The … More
The ambivalent Indonesian Islamic capital market
Indonesia’s Islamic finance landscape is developing very slowly. One of the country’s biggest weaknesses is in its corporate Islamic capital … More
Turkey to set up a national Shariah board
The Banking Regulation and Supervision Agency (BRSA) — also known as Bankacılık Duzenleme ve Denetleme Kurumu — is currently working … More
Ghana to use Malaysia as a springboard into Sukuk market
Islamic finance is almost non-existent in Ghana. Multiple attempts to create an Islamic bank and carve out dedicated regulations have … More