Islamic Finance

Renminbi slides past Rmb7 per dollar, Islamic finance special report

Renminbi slides past Rmb7 per dollar, Islamic finance special report

Tuesday 6 August 2019 Vol.10 Ed.32.1

Commentary: Renminbi slides past Rmb7 per dollar

By Mark Sobel and David Marsh

David Marsh, chairman and co-founder of OMFIF, interviewed Mark Sobel, OMFIF’s US chairman, on the meaning and consequences of the renminbi falling through Rmb7 per dollar. They discuss President Donald Trump’s latest salvo of tariffs against China and the probable response by Beijing and the People’s Bank of China....

http://www.allaboutshipping.co.uk/2019/08/06/renminbi-slides-past-rmb7-per-dollar-islamic-finance-special-report/

Accelerating Islamic finance growth, International capital markets conference

Accelerating Islamic finance growth, International capital markets conference

Commentary: Accelerating Islamic finance growth

By Mohamed Damak in Dubai

Total Islamic finance assets increased by only around 2% in 2018, compared with 10% in 2017. The market is unlikely to fare much better in the next two years in the light of geopolitical volatility and fluctuating oil prices.

The growth of banking assets has slowed in almost all core Islamic finance markets. However, there are three potential...

http://www.allaboutshipping.co.uk/2019/08/01/accelerating-islamic-finance-growth-international-capital-markets-conference/

Banxico independence faces scrutiny, Innovation and sustainability for Islamic finance

Commentary: Banxico independence faces scrutiny

By Danae Kyriakopoulou in Mexico City

Central banks, traditionally considered harmless technocratic institutions, have come under intense scrutiny since the 2008 financial crisis. A distinct set of tensions is unfolding between Mexican President Andrés Manuel López Obrador and the country’s central bank.

These follow the president’s decision to cut his salary as part of a governmental austerity drive. This indirectly affects other top civil servants,...

http://www.allaboutshipping.co.uk/2019/01/29/banxico-independence-faces-scrutiny-innovation-and-sustainability-for-islamic-finance/

The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix

John Faraclas

The BDI@1,339: The roulette wheel keeps turning. It all depends on what day of the week you fix. Just compare to only 5 days ago (22/11) and see what you get out of this. The BCI has exactly doubled whilst Handies and Supras are completely flat; all the Capes heading to China. Geopolitics get a swirl to the worse. John Faraclas’ daily brief recap:

The BDI (Baltic Dry Index) gained three-digit-points: 122 earlier on today “thanks” to the Capes rise; this is beyond business shipping...

http://www.allaboutshipping.co.uk/2018/11/27/the-bdi1339-the-roulette-wheel-keeps-turning-it-all-depends-on-what-day-of-the-week-you-fix/

The Bulletin: In good faith

November 2018 Vol.9 Ed.10
Islamic finance scales up

Thanks to the concentration of wealth in oil-rich economies and the development of harmonised regulatory standards, the Islamic finance market is more popular than ever. Islamic finance originally focused on the retail market, but now attracts mainstream investors. The industry boasts assets worth more than $2tn, and is expected to exceed $3tn by 2020.

This month’s Bulletin looks at this small but fast-growing and dynamic market, documenting its...

http://www.allaboutshipping.co.uk/2018/11/01/the-bulletin-in-good-faith/

Investment Clock – A pivotal October, Risk management in Islamic finance

Commentary: Investment Clock – A pivotal October

By Trevor Greetham in London

An astonishing 97% of global stock market returns since 1973 have accrued during the seven months from October to April. Volatility also tends to peak in October, underlined by famous crashes in 1929, 1987 and 2008. Cross-currents in the world economy are causing volatility again this October as financial markets engage in a tug of war between good news coming out of the US and bad news out of China. Investor...

http://www.allaboutshipping.co.uk/2018/10/17/investment-clock-a-pivotal-october-risk-management-in-islamic-finance/