Uzbekistan Targets $50 Billion in Investment with Financial Reforms
New tool: Zakat Calculator for Malaysian Muslims. Calculate your zakat on savings, gold, investments & more. Free, instant, no signup.
https://hlteoh37.github.io/sorted-my/calculators/zakat-calculator/
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The UK will continue as the leading Western hub for Islamic finance, supported by the London Stock Exchange (LSE) serving as a key listing venue for global US dollar sukuk, and the use of English law in governing most international sukuk, Fitch Ratings says.
https://dmarketforces.com/uk-remains-western-islamic-finance-hub-despite-limited-local-uptake-fitch/
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If you're interested in Islamic Finances (issuance of islam-compliant debt) then the result(s) of an Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) review look like they may prompt some interesting development.
By tightening up guidance on complaint bonds the AAOIFI may be going up against some of the biggest issuers of Islamic bonds & by doing so may prompt a fragmentation of the (growing) market for them; Saudi Arabia will not be happy!
#IslamicFinance
h/t FT