University Letters Books Publications Research

Savings drive growth of Islamic banking in Indonesia 22/08/2011 Indonesia, the world's most populous Muslim country with a population of over 210 million, ought to have a natural fit with Islamic banking, finance and insurance. Indeed, the mobilization of domestic savings through Islamic banking is expected to help drive the growth of the Indonesian banking industry, according to Indonesian Vice President Boediono.

Value of global sukuk rises to $47b in H1 16/08/2011 Sukuk (Islamic bonds) issuance last July worldwide amounted to about $5 billion, down 37 percent from the previous month, Kuwait Finance House (KFH) said Sunday.

Takaful markets grow despite operational differences 15/08/2011 Standard & Poor's Ratings Services says operational issues ‘commonplace’ in the Takaful sector but it will continue to grow rapidly, relative to the conventional insurance market, and become increasingly meaningful in overall scale in target domiciles

Islamic loans hit 5-year low; sukuk full recovery may take one more year. 07/08/2011 Islamic loans from Europe, the Middle East and Africa dropped to a five-year low with banks reluctant to lend amid concerns Europe's budget crisis will roil markets as Arabian Gulf borrowers restructure debts

Islamic finance has great potential by 15 to 20 pct for 2011 18/07/2011 Dr. Farooq Khan Professor of Management Al Ghurair University praised the role of Islamic finance and it growth in the GCC countries.

Nigeria’s need for framework for Islamic finance 18/07/2011 Director General of the Infrastructure Concession Regulatory Commission, Engr. Mansur Ahmed, calls for regulatory framework for Sukuk in Nigeria.

Global Islamic Finance Report 2011 Released 05/05/2011 According to the Global Islamic Finance Report 2011, strides have been taken by the global Islamic finance industry over the last 40 years. Ensuring continuity and expansion will require further domestic and global regulatory changes, expediting development and consolidating growth.

Sukuk sales at risk on Middle East tensions 03/03/2011 The best start to a year for sukuk sales since 2007 is being jeopardised by the political turmoil sweeping the Middle East, according to the leading underwriters of Islamic bonds.

Understanding Islamic Finance 17/01/2011 In Understanding Islamic Finance Muhammad Ayub introduces all the essential elements of this growing market by providing an in–depth background to the subject and clear descriptions of all the major products and processes associated with Islamic finance.

A Guide to Islamic Finance 17/01/2011 A Guide to Islamic Finance By Munawar Iqbal Although the roots of Islamic finance lie in ancient Islamic principles, the development of Islamic finance as an industry is relatively new.