Current filters:  
Middle East & Africa
Finance
Islamic Finance
Nigeria
Andersen in Nigeria
Modern banking as we know it, has been around for a very long time. It started with prototype banks (merchants) that gave grain loans to farmers; and traders who sold goods between cities around 2000 BC in Assyria, India, and Sumeria.
Sefton Fross
It is surely a good idea to explore how the sprit inherent in the "moral economy" of Islam could enable a just and ethical approach towards the management of systematic risk
Benchmac & Ince
Islamic finance is a financial system that is based on adherence to the Sharia or Islamic law.
AELEX
Islamic financing has gained ground in Nigeria in recent times. Further to this, Islamic finance institutions are being set up and the government at both state and federal levels have issued sukuk bonds.
Oman
BSA Ahmad Bin Hezeem & Associates LLP
The most used Islamic finance products, for provide financing by Islamic banks in Oman are Murabaha, Diminishing Musharaka and Wakala.
Saudi Arabia
Squire Patton Boggs
The Saudi Central Bank (SAMA) has issued new Shariah Governance Rules dated May 2021 (the Rules) for financial institutions operating in Saudi Arabia.
South Africa
ENS
In Albaraka Bank v New Turn Investments (Pty) Ltd, the Honourable Justice Mossop granted an order and ex tempore judgment in the High Court of South Africa Kwazulu-Natal Local Division, Durban, declaring...
Uganda
ENS
The Bank of Uganda recently released the Financial Institutions (Islamic Banking) Regulations (the "Regulations"), which were gazetted on 2 February 2018.
United Arab Emirates
Walkers
With 2023 now firmly behind us, Walkers' Dubai based capital markets team discuss the year's key transactions and the upcoming trend expectations for 2024.
Gowling WLG
Gulf Cooperation Council (GCC) countries are in the top 10 countries worldwide to be facing 'extremely high water stress' - meaning 80% or more of all available surface and groundwater in an average year being consumed.
Maples Group
During H1 2023, Fitch Ratings noted a decline of 18.5% quarter-on-quarter in Sukuk issuances from core markets.
Akin Gump Strauss Hauer & Feld LLP
For nearly 30 years, Federal Decree Law No. 18 of 1993 relating to the commercial transactions law (the "Old CTL") played a key role in regulating dealings between commercial counterparties in the United Arab Emirates (UAE).
Maples Group
A developing trend in the Middle East is the use of offshore centres for the structuring of master Islamic investment platforms. Such platforms are being established by Shariah compliant financial institutions...
Maples Group
In this Country Correspondent Report for Islamic Finance News ("IFN"), Manuela Belmontes discusses how environmental, social and governance ("ESG")...
Maples Group
Manuela Belmontes discusses how UAE-based corporates are raising capital through the Islamic capital markets and doing so using offshore SPVs.
Maples Group
Islamic finance has grown significantly over the past few years into an estimated US$2.4 trillion industry.
Grant Thornton
The General Authority of Zakat and Tax in KSA has published English version of the Islamic Finance VAT guide, which was previously only published in Arabic.
BSA Ahmad Bin Hezeem & Associates LLP
As of today, the amount of investment that can qualify as SRI in the energy sector is still relatively low; however, increased eff orts are being made to increase the amount of investment
Worldwide
Ocorian
The Middle East has long been associated with ultra-high net worth (UHNW) individuals, and that population is set to surge by 24.6% in the next five years, with Saudi Arabia...
Maples Group
Fitch Ratings reported a growth of 11.6% in total Sukuk issuances in the first quarter (Q1) of 2022 as a result of sovereigns and multilateral institutions returning to the market.
FREE News Alerts
Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email.
Popular Contributors
Upcoming Events
Mondaq Social Media