Shariah Compliant Finance

At the IIBLP’s Dubai Trade Law & Compliance Conference held in Dubai on 15 March 2022, one of the panellists referred to the Solo Industries fraud in a panel discussion addressing the recent Singapore case, Credit Agricole Corporate & Investment Bank (CACIB), Singapore branch v. PPT Energy Trading Co.

As the COVID-19 pandemic unfolded in the first quarter of 2020, governments around the world were forced to take drastic actions to counter the socio-economic challenges posed by the crisis.

Now is the time for trade finance institutions to take the lead in efforts to strengthen SME resilience and leave them in a position to be able to bounce back in the aftermath of the pandemic.

Islamic finance is a specialist area that presents exciting growth opportunities for the UK. Sharia (Islamic law) compliant banking assets make up 6% of the world’s banking assets, but globally, approximately one in four people are Muslim. The scope for growth is obvious.

TFG heard from Eng. Hani Salem Sonbol, CEO, International Islamic Trade Finance Corporation

As TFG prepare for IFN Asia, in Kuala Lumpar, TFG heard from Islamic Finance News Managing Editor, Vineeta Tan, who gave a brief overview of the Islamic Finance and Shariah market

In preparation for TFG attending IFN Asia next week in Kuala Lumpur, we put together a brief overview of shariah law and shariah finance, outlining the key differences between riba, gharar, musharakah and sukuk.

To oil or not to oil? How is the UAE diversifying its economy to attract investment? As oversupply concerns curtail the global oil price’s trudge back upwards following its flirtation… read more →

December 2018 marks the end of a year of volatility, technological breakthroughs and geopolitical tension. No matter where in the world you are, protectionist policies, unpredictable trade wars and unprecedented… read more →

TFG heard from leading experts and key issues influencing global Islamic finance and investment in Islamic finance, including political risk in the UK and European Islamic banking sector, regulatory and… read more →

It was recently announced that Federated Investors, Inc. one of the largest investment managers in the United States, and the International Islamic Trade Finance Corporation (ITFC), member of the Islamic… read more →

Investment in Africa has typically been dominated by the US, EU & BRIC (Brazil, Russia, India & China) nations. Moreover, according to the World Investment Report 2018, Foreign Direct Investment… read more →

At the 50th Anniversary Annual Meeting of FCI being held in Amsterdam, members yesterday unanimously voted to make Islamic Shari’a compliant factoring a part of the FCI’s group of supported… read more →

Blockchain and Trade Finance At the start of 2016 Trade Finance Global were cautiously optimistic for the blockchain being used as an application for trade and supply chain finance. But… read more →

Top 10 questions on trade finance, covering letters of credit, bills of lading, avalisation, documents, reverse factoring, and bank guarantees. Read our FAQ.