Almost all of the technical terms used in Islamic finance, for example the names of the standard contractual structures, are of Arabic origin. Native English speakers often find Arabic hard to pronounce correctly, as it makes extensive use of the glottal stop. There is an excellent article on the glottal stop in Wikipedia at:
Continue reading "The spelling of Islamic finance terms from Arabic on this blog" »
There is a growing level of interest in Islamic finance in continental Europe. In that regard, I recently spoke at a colloquium on Islamic finance at Robert Schuman University in Strasbourg on the taxation of Islamic finance, with an audience drawn from France and its neighbouring countries.
Continue reading "The taxation of Islamic finance in major western countries" »
So far, most of the attention given to Islamic finance in the UK has been focused on Islamic banking, and more recently upon sukuk. However, takaful (“Islamic insurance”) has significant potential for expanding the market amongst Muslims for both protection and savings products.
In the posting Conventional insurance and takaful: a very simple introduction I explained the basics of how takaful operates.
Continue reading "The scope for developing takaful in the EU" »
Last July, I gave a talk in London for the Institute of Islamic Banking and Insurance on the new UK tax on sukuk. The talk was recorded using a digital voice recorder resting on the presenter's desk, which impaired the sound quality in respect of the questions and answers. Accordingly, it has taken some time to finalise this posting.
There are two ways that readers can access the presentation:
My colleague Asim Iqbal is a manager in our Corporate Finance team, and specialises in infrastructure and project finance. In November, he wrote the attached article on Syndicated Islamic Finance. It was first published in Islamic Finance News, and is reprinted with permission of the editor.
Mohammed Amin
Recent Comments