Islamic Finance News- Saudi's AHAB seeks creditor support for settlement under bankruptcy law
- BRIEF-Egypt's Marseilia Updates On MoU With UAE's Amlak To Develop Urban Project
- BRIEF-Kuwait's Noor Receives Letter Of Intent For Part Of Its Stake In Meezan Bank
- BRIEF-Gulf Investment House Board To Discuss Stake Purchase Offer For Associate Co
- BRIEF-Gulf Investment House OGM Approves Capital Decrease
- Finablr's UAE Exchange, Ripple to begin blockchain payments by Q1
- MEDIA-Malaysia's MIDF explores merger with Al Rajhi's local arm - Bloomberg
- Emirate of Ajman plans debut international bond
- UPDATE 1-Goldilocks Investment buys 29.5 pct stake in Dubai-listed Takaful Emarat
- CORRECTED-Goldilocks Investment buys 29.5 pct stake in Dubai-listed Takaful Emarat
Tag Archives: Islamic Finance
Leveraging on Private Philanthropy in Pakistan for Establishing Waqf
Salman Ahmed Shaikh Importance of Social Finance in Pakistan The United Nations Development Programme (2016) reveals that multi-dimensional poverty in Pakistan stands at 38.8%. Poor people usually depend on their incomes for consumption expenditure given the lack of other assets … Continue reading
The Potential Opportunities with Fintech for Islamic Banking
Salman Ahmed Shaikh Islamic finance can help in enabling access to financial services for people who want Islamic financial services. The key question is that can Islamic finance also provide access to financial services to the bottom of the pyramid … Continue reading
Future Sukuk Growth Depends on Overcoming Challenges
Salman Ahmed Shaikh In the last few years, the growth in Sukuk market has been subdued. Sukuk market is mainly led by Malaysia now. It is important to have stable growth in the Middle East for the global Sukuk issuance … Continue reading
Risk Management Tools in Islamic Banking
Salman Ahmed Shaikh In this article, we discuss the major risks that Islamic banks face in their commercial operations and the tools with which they mitigate these risks. Credit Risk Credit risk is generally defined as the risk that the … Continue reading
Potential of Islamic Finance to Lead New Financial Architecture
Salman Ahmed Shaikh The financial crisis of 2007-2009 and ongoing sovereign debt crisis in Europe has challenged the conventional wisdom. Massive levels of debt and consumption beyond means and speedy financial innovation with lax regulation has put major economies in … Continue reading
Challenges for Islamic Banking in Pakistan
Salman Ahmed Shaikh Islamic banking in Pakistan is an established industry with 12% market share achieved in just over a decade. There are 5 full fledged Islamic banks and more than 15 other commercial banks that operate Islamic banking windows … Continue reading
Sukuk Market in Pakistan Set for Take-Off
Salman Ahmed Shaikh Sukuk is an alternative Islamic finance instrument for conventional bonds. Sukuk is a certificate that represents ownership in underlying real asset(s). Islamic law does not permit interest and hence conventional coupon paying bonds are impermissible as per … Continue reading
Need for Complimentarity between Islamic Finance and Islamic Economics
Salman Ahmed Shaikh There are 5 full-fledged Islamic banks operating in Pakistan and more than 15 conventional banks with Islamic banking branches. The growth in Islamic finance industry has been consistently high ever since the establishment of Meezan Bank in … Continue reading
Role of Islamic Banks in Energy Finance in Pakistan
Salman Ahmed Shaikh Energy crisis in Pakistan has worsened in recent years leading to loss of output, increased incidence of manufacturing unemployment, cost push inflation, capital flight, low manufacturing capacity utilization and loss of export markets. The contributing factors to … Continue reading
Economic Merits of Islamic Modes of Financing
Salman Ahmed Shaikh Keeping aside the technical debates and unsettled issues regarding the legitimacy of some of the Islamic banking operations, in this article, we try to highlight if there are any key elements of economic merit in this system … Continue reading
