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Islamic Finance in Russia: New Scope for Thinking

Islamic Finance in Russia: New Scope for Thinking

Islamic finance seems to be starting to be implemented in Russia, although by very careful steps. The potential size of the market has received various estimates, from a modest 10 percent of the practicing Muslims to the whole ethnic Muslim population of more than 30 million, or even more. However, it is understood by experts that the demand of the population would definitely not be the leading factor in the development of this sphere: It … Read more »

In : Alternative Investments, Islamic Finance

The World Comes to Toronto: The Growth and Potential of Islamic Finance will be on display

The World Comes to Toronto: The Growth and Potential of Islamic Finance will be on display

Politicians, Bankers, Real Estate Agents, and members of the global financial community will convene in Toronto at the inaugural Usury-Free Association of North America (UFANA) conference on March 30th and March 31st at Sheraton Centre Hotel in downtown Toronto.   Leaders from the world’s business community are descending upon Toronto for a two day conference sure to satisfy and peak the insatiable appetite for Islamic Finance across the globe. The conference comes on the heels of three … Read more »

In : Alternative Investments, Family Office and Wealth Management, Hedge Funds, Islamic Finance, Private Equity, Real Estate and Property

Glossary of Islamic Finance Terms

Bay salam A sales contract where the price is paid in advance and the goods are delivered in the future, provided that the characteristics of the goods are fully defined and the date of delivery is fixed. … Read more »

In : Islamic Finance

Islamic Finance Events

Now entering its 3rd year, the Islamic Finance news Roadshow is preparing for a longer and stronger series of events. … Read more »

In : Islamic Finance

Islamic Finance: a new perspective

While not being here in person, most certainly I am here in the commitment to this conference on Islamic finance, organised by Banca d’Italia, to speak on the subject of Islamic finance from the perspective of a Central Bank. As the international financial markets and the global economy recover from the repercussions of the financial disruptions and dislocations that have occurred in the major financial systems, there have been wide ranging proposals to strengthen the foundations for financial stability, and reviews of the existing institutional arrangements in the international financial system. http://www.bancaditalia.it/studiricerche/seminari/2009/islamic_finance/Aziz.pdf … Read more »

In : Islamic Finance