Islamic economic jurisprudence

World Finance Announces the Winners of the 2020 Islamic Finance Awards

Retrieved on: 
Monday, April 6, 2020

Sharia-compliant financial assets are forecast to reach $3.8trn by 2023, averaging annual growth of 10 percent, according to Thomson Reuters' 2018 Islamic Finance Development Report .

Key Points: 
  • Sharia-compliant financial assets are forecast to reach $3.8trn by 2023, averaging annual growth of 10 percent, according to Thomson Reuters' 2018 Islamic Finance Development Report .
  • In the latest edition of World Finance, the 2020 Islamic Finance Awards celebrate the success stories that have emerged out of this rapidly growing sector.
  • In its Islamic Finance Outlook 2019 Edition report , S&P Global Ratings said that regulations standardising Sharia interpretation and legal documentation could streamline sukuk issuance and help "unlock the full potential of Islamic finance".
  • To see which companies are leading the pack in the Islamic banking sector, check out the full list of this year's Islamic Finance Awards winners in the latest issue of World Finance, available in print, on tablet and online now.

World Finance Announces the Winners of the 2020 Islamic Finance Awards

Retrieved on: 
Monday, April 6, 2020

Sharia-compliant financial assets are forecast to reach $3.8trn by 2023, averaging annual growth of 10 percent, according to Thomson Reuters' 2018 Islamic Finance Development Report .

Key Points: 
  • Sharia-compliant financial assets are forecast to reach $3.8trn by 2023, averaging annual growth of 10 percent, according to Thomson Reuters' 2018 Islamic Finance Development Report .
  • In the latest edition of World Finance, the 2020 Islamic Finance Awards celebrate the success stories that have emerged out of this rapidly growing sector.
  • In its Islamic Finance Outlook 2019 Edition report , S&P Global Ratings said that regulations standardising Sharia interpretation and legal documentation could streamline sukuk issuance and help "unlock the full potential of Islamic finance".
  • To see which companies are leading the pack in the Islamic banking sector, check out the full list of this year's Islamic Finance Awards winners in the latest issue of World Finance, available in print, on tablet and online now.

Greenstone Wins Award for "Best Advisory Service" at Islamic Business & Finance Awards 2019

Retrieved on: 
Tuesday, October 29, 2019

DUBAI, UAE, Oct. 29, 2019 /PRNewswire/ -- Greenstone Equity Partners , the largest independent fund placement firm in the Middle East and the leading provider of regulatory-compliant fund marketing and registration services in the GCC, won the award for "Best Advisory Service" at the 14th annual Islamic Business & Finance Awards.

Key Points: 
  • DUBAI, UAE, Oct. 29, 2019 /PRNewswire/ -- Greenstone Equity Partners , the largest independent fund placement firm in the Middle East and the leading provider of regulatory-compliant fund marketing and registration services in the GCC, won the award for "Best Advisory Service" at the 14th annual Islamic Business & Finance Awards.
  • The Islamic Business & Finance Awards provide global recognition to exceptional financial institutions who innovate and pioneer across the Islamic finance landscape and illuminate the many advancements in Islamic finance each year.The independently judged event is held annually by CPI Financial, the publisher of Banker Middle East and Islamic Business & Finance, considered to be the authoritative voice of the Islamic finance industry.
  • Among the 24 competitive award categories, the finalists for this year's "Best Advisory Service" award included Greenstone Equity Partners, PwC, and Amanie Advisors.The winners were announced at a gala dinner held at the Ritz-Carlton DIFC, Dubai, which was attended by more than 150 industry leaders from the worldwide Islamic finance ecosystem.
  • In addition to receiving numerous awards, Greenstone is ranked #5 globally among over 1,400 placement firms by capital raised in Preqin's League Tables, even though Greenstone only raises capital in five countries.

Global Islamic Finance Market Growth, Trends, and Forecast (2018 - 2024)

Retrieved on: 
Tuesday, July 2, 2019

This included debut entries into the sovereign SUKUK market by Saudi Arabia and Nigeria, as well as the pan-African multilateral development finance institution, Africa Finance Corporation.

Key Points: 
  • This included debut entries into the sovereign SUKUK market by Saudi Arabia and Nigeria, as well as the pan-African multilateral development finance institution, Africa Finance Corporation.
  • The global Islamic banking market covers different aspects, like Islamic Banking, Takaful: Islamic Insurance, Sukuk: Islamic Bonds, and Shariah Capital Market: Islamic funds.
  • Islamic banking is the largest sector in the Islamic finance industry, contributing to 71%, or USD 1.72 trillion, of the industry's assets.
  • The global Islamic finance market is fragmented with a large number of players trying to grab a significant chunk of the developing market.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Tuesday, June 25, 2019

The Equipment Leasing and Finance Associations (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for May was $9.1 billion, up 18 percent year-over-year from new business volume in May 2018.

Key Points: 
  • The Equipment Leasing and Finance Associations (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for May was $9.1 billion, up 18 percent year-over-year from new business volume in May 2018.
  • Charge-offs were 0.46 percent, up from 0.32 percent the previous month, and up from 0.31 percent in the year-earlier period.
  • Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) in June is 52.8, down from the May index of 59.2.
  • Its 575 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers.

Global Islamic Finance Markets 2018-2019 & 2024

Retrieved on: 
Thursday, March 21, 2019

DUBLIN, March 21, 2019 /PRNewswire/ -- The "Global Islamic Finance Market Growth, Trends, and Forecast (2018 - 2024)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 21, 2019 /PRNewswire/ -- The "Global Islamic Finance Market Growth, Trends, and Forecast (2018 - 2024)" report has been added to ResearchAndMarkets.com's offering.
  • The global Islamic banking market covers different aspects, like Islamic Banking, Takaful: Islamic Insurance, Sukuk: Islamic Bonds, and Shariah Capital Market: Islamic funds.
  • Islamic banking is the largest sector in the Islamic finance industry, contributing to 71%, or USD 1.72 trillion, of the industry's assets.
  • The global Islamic finance market is fragmented with a large number of players trying to grab a significant chunk of the developing market.

Global Islamic Finance Markets 2018-2019 & 2024: Focus on Islamic Banking, Takaful, Islamic Insurance, Sukuk, Islamic Bonds, Shariah Capital Markets & Islamic Funds - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2019

The global Islamic banking market covers different aspects, like Islamic Banking, Takaful: Islamic Insurance, Sukuk: Islamic Bonds, and Shariah Capital Market: Islamic funds.

Key Points: 
  • The global Islamic banking market covers different aspects, like Islamic Banking, Takaful: Islamic Insurance, Sukuk: Islamic Bonds, and Shariah Capital Market: Islamic funds.
  • Islamic banking is the largest sector in the Islamic finance industry, contributing to 71%, or USD 1.72 trillion, of the industry's assets.
  • While in the Middle East & North African (MENA) region, Islamic Banking assets represent 14% of total banking assets.
  • Bank Al-Rajhi, Dubai Islamic Bank, and Kuwait House Finance, are among the major players present in the region.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Tuesday, February 26, 2019

The Equipment Leasing and Finance Associations (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for January was $7.2 billion, up 4 percent year-over-year from new business volume in January 2018.

Key Points: 
  • The Equipment Leasing and Finance Associations (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for January was $7.2 billion, up 4 percent year-over-year from new business volume in January 2018.
  • Total headcount for equipment finance companies was flat year over year.
  • Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) in February is 56.7, up from the January index of 53.4.
  • Fate, President and CEO, Stonebriar Commercial Finance , said, The equipment finance industry remains robust with steady to improving metrics as we start the new year.