Tags » Islamic Capital Markets

Sukuk Market in Pakistan Set for Take-Off

Salman Ahmed Shaikh

Sukuk is an alternative Islamic finance instrument for conventional bonds. Sukuk is a certificate that represents ownership in underlying real asset(s). Islamic law does not permit interest and hence conventional coupon paying bonds are impermissible as per Islamic law. 1,222 more words

Islamic Economics

Malaysia says new Islamic equity standards to lure Gulf investors

New Malaysian standards for syariah-compliant equities are expected to attract more Islamic investment funds from the Gulf, a senior official of the country’s Securities Commission said. 284 more words

Banking, Finance & Takaful