The international community, including many emerging countries, is still deliberating on the necessary financial reforms at both the national and international level to pre-empt the type and scale of the global crisis that the world has been witnessing over the last year or so. There remain serious differences over a number of issues although on the fundamental issue of promoting financial stability and resilience, there is a broad consensus. However, the lessons learnt thus far and the new challenges that emerged from the global financial and economic crisis are also relevant to the global Islamic finance industry, which needs to ensure not only its resilience but how it might contribute to global financial stability. Read More...  

While a conventional bond is a promise to repay a loan, Sukuk constitutes partial ownership in a debt (Sukuk Murabaha), asset (Sukuk Al Ijara), project (Sukuk Al Istisna), business (Sukuk Al Musharaka), or investment (Sukuk Al Istithmar).Read More...  

There is no one-size-fits-all where investment is concerned. What investors should keep in mind is that the quicker the timeframe of getting rich, the higher the risk and the associated probability of major financial distress. On the other hand, acquiring sustainable wealth is the product of a cautious and well-balanced approach; a steady, disciplined and long-term journey. Read More...  

Abu Dhabi: Don't look now but Islamic banking and finance is becoming big.

How big, you ask? Moody's credit rating agency estimates the global sector is worth around $700 billion (Dh2.57 trillion). Read More...