Islamic Finance
Kenya targets Islamic sukuk in financial services push
Kenya has unveiled a new body dedicated to promoting its fledgling Islamic finance industry, as part of a wider strategy to position itself as an International Finance Centre (IFC).
Investment | 7 Sep 16
Islamic insurer growth limited by overcrowded market
Islamic insurance company earnings in Gulf Cooperation Council (GCC) states are relatively weak and unevenly distributed, hampered by an overcrowded market and a focus on low-margin retail products, according to S&P Global Ratings.
Malaysian insurers to target Europe in Islamic finance push
Malaysia’s Islamic insurers are considering a move into Europe by targeting the continent’s growing Muslim population, an expert in Islamic finance has said.
Investment | 11 Aug 16
Channel Islands sets its sights on Islamic finance
The Channel Islands Securities Exchange (CISE) is planning to introduce Islamic finance guidance notes to accompany all its listing rules, in a bid to capitalise on the renewed interest in Islamic finance.
Malaysian finance centre grows Asia Pacific footprint
The Labuan International Business and Financial Centre (IBFC) approved 16 new insurance and insurance-related licences in 2015 as it expanded its footprint in Asia Pacific.