27 Jan 09 The Value of Islamic Finance
I have been very busy. But the frequency that I come across articles praising Islamic finance and the principals that it espouses is intriguing. Many Western countries see Islamic banking as a potential out, not only for the funds that have been unaffected by the crisis, but also the moderation and economic sensibilities that come along with this type of banking. Read below an article that appeared in the International Herald Tribune. (more…)
Tags: france, global financial crisis, islamic banking, islamic investment, sukuk
23 Jan 09 Sukuk Issues Down by 50%
CNBC is reporting a drop in Islamic bonds due to the economic downturn. Sukuk is another product that will be discuessed in a later post. There is a great deal of controversy on whether or not it is halal. To be continued…
Sukuk issuance down by over 50 pct in 2008-Moody’s
By: AFX | 22 Jan 2009 | 04:20 AM ET
LONDON, Jan 22 (Reuters) - Issuance of Islamic bonds or sukuk fell by more than 50 percent in 2008, due to the credit crisis and the debate over their compliance to Islamic laws, said rating agency Moody’s on Thursday. (more…)
Tags: economic downturn, islamic bonds, Islamic Finance, sukuk
