Islamic Finance
Zurich enters takaful insurance with Malaysia’s MAA buy
Zurich Insurance is poised to buy Malaysia’ MAA Takaful after receiving regulatory approval.
Aberdeen launches shariah fund in Indonesia
Aberdeen Asset Management has launched its first Shariah equity fund which will focus on investments in India, Australia and Japan.
Macro Views | 6 Apr 16
Franklin Templeton expects sukuk momentum
The strong development of Islamic finance is “a reflection of genuine retail demand”, said Mohieddine Kronfol, chief investment officer of global sukuk and MENA fixed income.
Malta Stock Exchange adds Sharia equity index
The Malta Stock Exchange (MSE) has launched the MSE Sharia Equity Index, which has been certified as compliant with Islamic law by Dubai-based Islamic finance consultancy Dar Al Sharia.
Investment | 11 Nov 15
IMF calls for uplift in Islamic finance
International Monetary Fund (IMF) managing director Christine Lagarde has set out a series of objectives to unlock the global potential of Islamic finance and grow its $2trn of assets, pitching it on more level pegging with conventional finance.