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Islamic Viewpoint
24th May, 2004
 
International Financial Centers
 
 
Governments in Middle East and East Asia are eager to attract major chuck of financial activity by erecting expensive real estate infrastructure and adjunct entertainment facilities funded by generous budgets writes Fahim uz Zaman

As global Islamic banking industry experience robust activity, Bahrain, Dubai and Labuan position themselves to become the primary jurisdiction for international Islamic financial activity. Read More...

 
Regulators
Michael Foot, managing director of the UK's Financial Services Authority explains how prudential principles regulating conventional banking could be applied to Islamic banking activities in Europe.
 
There are several firms already authorised in the UK are offering Sharia’a compliant mortgages, there is already one FSA-authorised Islamic investment fund; and, perhaps most interestingly, there is considerable well researched interest in forming a UK-based Islamic bank. Read More...
 
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