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Islamic Finance

Bromley illustration for Islamic finance

Inside this issue

• Sharia-based funding for London projects breaks new ground

• Singapore’s first sharia-compliant Reit stimulates the sector

• Changes in US tax law being considered - -

Content

Good omens amid turbulence

The niche nature of the sector could be seen as a weakness but increasing populations and oil wealth offer the potential for substantial growth. David Oakley reports

The US: Moves are under way to lower barriers

Changes in tax law are being considered, says Aline van Duyn

Asia-Pacific: Singapore launch raises profile in the region

Malaysia retains its leading role for now, says Kevin Brown

Middle East: Market remains buoyant despite unrest

There is a divide between the Gulf and other Arab states, writes Sarah Mishkin

Construction: Investors transform UK horizon

Sharia-based funding for landmark projects in the UK capital has broken new ground, writes Ed Hammond

Hedge funds: Scholars remain wary of speculative instruments

Attempts to make some strategies acceptable have made little headway, says David Oakley

Sukuk: Market shows resilience

The Islamic bond market appears to have shaken off a series of financial setbacks, writes David Oakley