Scholar Fees Targeted by Regulators: Islamic Finance
Islamic finance regulators are working to reduce the role of scholars, blaming delays and excessive fees for stifling growth in…
Regulation, Risk & Compliance
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Faisal Islamic Bank of Egypt Selects SunGard
Faisal Islamic Bank of Egypt , the first Islamic Bank in Egypt, has selected SunGard's suite of enterprise risk management…
Turkey’s Top Aide Seeks Limits to Influence of Foreign Banks
Turkey needs to strengthen control of its banks and limit foreign ownership, Prime Minister Recep Tayyip Erdogan’s chief economic adviser…
Bridging the Gulf
From private trust companies and market listings to Sharia compliance and property structures, the Channel Islands are mining a rich…
Al Baraka and World Bank to begin research on risk-management challenges facing Islamic banking
Mr. Abayomi Alawode, Head of Islamic Finance at the World Bank Al Baraka Banking Group has announced its collaboration with…
UAE banks’ practices are unfair and unethical
There is a serious misuse of the law that has been going on in the UAE, one that has not…
Reforms will make UAE stock market listings more competitive
With new rules introduced last month by the Ministry of Economy, observers say an important step has been taken towards…
Qatar Central Bank introduces mechanism to insure deposits
The Qatar Central Bank recently introduced several new measures to strengthen the regulations governing the banking and insurance sectors and…
CFA Institute recommends greater transparency in bank financial reporting
Banking industrys’ financial reporting requires greater transparency, according to a new study ‘Financial Crisis Insights on Bank Performance Reporting’ by…
Prominence Of Sukuk In Turkey As An Islamic Finance Instrument
Turkey's first regulation for Islamic Finance was realized during the 1980s, during a period of liberalization as part of a…
Egypt sovereign sukuk law still mired in uncertainty
Development of Egypt's Islamic economy continues to be hampered by ambiguity surrounding sukuk, and greater legislative and political clarity is…
Sheikh Salman is QFC Authority’s new CFTO
The Qatar Financial Centre Authority (QFC Authority) has announced the appointment of Sheikh Salman Bin Hassan Al Thani as its…