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In this episode of EisnerAmper's Engaging Alternatives Spotlight, Elana Margulies-Snyderman, Director, Publications, speaks with Elizabeth Alm, Portfolio Manager at Saturna Capital, a Washington State-based investment manager where she manages a sukuk fixed-income strategy. Elizabeth shares her outlook for sukuk fixed-income investing including the greatest opportunities and challenges. She also discusses her experience being a woman in the industry and more. ✨ What you'll learn:
With key reforms underway, can Pakistan emerge as a regional hub for Islamic capital markets? We explore the strategic direction set by the Islamic Capital Market Development Committee and what it means for growth, innovation, and resilience. We ask how non-sovereign Sukuk issuance can be accelerated, and how capital markets will play a pivotal role in supporting the broader financial system conversion—unlocking new opportunities for both banking and non-banking sectors.Moderator:Farmida Bi, Chair, Europe, Middle East and Asia Pacific, Norton Rose FulbrightPanelists:Iffat Zehra Mankani, CEO, JS InvestmentsJawad Hashmi, General Manager, Chief Market Operations Officer, Pakistan Stock Exchange LimitedMuhammad Haris Munawar, Group Head - Wholesale Banking, BankIslami PakistanSyed Umair Alam Zaidi, SVP, Head of Debt Capital Markets and Syndications, Faysal Bank Limited
Duncan Wales, Tellimer's CEO, and his capital markets expert guest, Majd Nuri Shafiq, assess the investment case for the Middle East. They discuss the growing role of local debt markets, the potential for regional stock markets, the rise of Sukuk issuance and Islamic finance, and how post-conflict reconstruction across Gaza, Syria, and Lebanon could spark a new wave of regional growth. The conversation also explores the intersection of geopolitics, innovation, and finance shaping the Middle East's economic future.The Emerging Markets Podcast by Tellimer – Emerging Markets, Connected. Check out the full Tellimer offering here.The Emerging Markets Podcast dives into a range of topics in the emerging and frontier market world including investment themes, debt restructuring, elections, and geopolitical tensions.DISCLAIMERThis podcast is provided for information purposes and represents the personal opinions of the speakers. It is not an offer or solicitation for investment in any securities, nor should it be regarded as investment advice. Tellimer Technologies Limited does not offer or provide advice and no mention of a particular security in this podcast constitutes a recommendation to buy, sell or hold that or any security, portfolio of securities, or enter any transaction or investment strategy. Nor is any such mention an indication that any investment is suitable for any specific person.For more information, please visit Tellimer.com.
In this episode with IFN journalist Radhika Das, Dr Muhammad Sulaiman Al Jasser, the chairman of the IsDB Group, highlights Sukuk as a financing instrument for development projects, the Sukuk Summit in London this month and the Arab Coordination Group's efforts to maximize impact.
Welcome back to Season 15 of The Firm Analyst!
Radhika Das, IFN Journalist, interviews Dr Muhammad Sulaiman Al Jasser, Chairman, IsDB Group, on Sukuk-financed projects, the Sukuk Summit in London this month and the Arab Coordination Group's efforts to maximize development and impact
Radhika Das, IFN Journalist, interviews Adam Knight and Nancy Chien from Bedell Cristin, on the Jersey jurisdiction's Shariah compliant structuring appeal, its role in Sukuk and SPV innovation and rising demand from Islamic private wealth clients
Radhika Das, IFN Journalist, interviews Jessica Tan, Principal, Fixed Income Indices, S&P Dow Jones Indices, on Sukuk index methodology and screening criteria, and future trends in integrating ESG factors with Shariah compliant fixed income benchmarks
Radhika Das, IFN Journalist, interviews Alisher Djumanov, Founder and Managing Partner, AD Wealth Family Office, on asset allocation in Sukuk and Islamic instruments, and the growth of Islamic finance in emerging markets.
Radhika Das, IFN Journalist, interviews Dr Mohamed Damak, Managing Director and Global Head of Islamic Finance, S&P Global Ratings, on the market alignment with AAOIFI's Standard 62 and its potential impact on Sukuk structures and investor appetite.
Radhika Das, IFN Journalist, interviews Salman Ahmed, Partner, Trowers & Hamlins, on the legal structuring of Sukuk, regulatory harmonization and the complexities of full Islamic bank conversions such as Ahli United Bank's (UK).
Sukuk issuance 6x oversubscribed. No electricity price hikes before 2026. EGX extends gains in September. Morning Drive is your daily download of the essential headlines shaping Egypt. From business policy and finance to the latest in tech, all in under 10 minutes. Hosted by ‘Synthetic Salma’ — an AI-powered version of our own Executive Editor Salma El-Saeed. You can read the full newsletter on the website: https://enterprise.news/egypt/en Morning Drive is brought to you by Madinet Masr, GRANITE Financial Holding and Bonyan for Real Estate Investments. Learn more about how you can advertise with EnterpriseAM by emailing Moustafa Taalab mtaalab@enterprisemea.com And check out our other show Making It, where we speak to CEOs and entrepreneurs about building a great business in the region: https://omny.fm/shows/making-it See omnystudio.com/listener for privacy information.
Through a series of short, punchy presentations we examine the merits of various asset classes from an investor's viewpoint. With each asset class presented by a recognized market practitioner, we offer a critical assessment of Islamic investment opportunities, from private capital, to carbon credits, to Sukuk, to equities, to real estate. Which asset class will prevail?Facilitator: Vineeta Tan, Managing Editor and Director, Islamic Finance newsJessica Tan, Principal, Fixed Income Indices, S&P Dow Jones IndicesMax Freeman, Founder and CEO, Epicenter LabsZahid Siddique, Senior Investment Analyst and Portfolio Manager, Saturna Malaysia
How do we further blend Shariah principles with ethical and equitable financial solutions to provide positive financial, social, and environmental outcomes? How can the impact of these initiatives be effectively measured? What's on offer from Waqf, Zakat, Sadaqah and Qard Hasan and how can we maximise the potential of new products such as social impact Sukuk? We ask an expert panel.Moderator:Elias Moubarak, Partner, Trowers & HamlinsPanelists:Dr Hamim Syahrum Ahmad Mokhtar, Lead Specialist, Capacity Development, Islamic Financial Services BoardDr Jane Chang, Director, Social Value MalaysiaDr Mohamed Damak, Managing Director and Global Head of Islamic Finance, S&P Global RatingsProfessor Dr Nurdianawati Irwani Abdullah, Department of Finance, Kuliyyah of Economics and Management Sciences, International Islamic University MalaysiaDr Rusni Hassan, Professor and Dean, IIUM Institute of Islamic Banking and Finance
How have Islamic capital markets performed and what is a realistic assessment of financial institution, corporate and Sovereign Sukuk markets? What can we expect from regulatory AT1 Sukuk issuance, and what does AAOIFI Standard 62 and the potential of underlying asset ownership transfer realistically mean for the Sukuk market?Moderator:Abdulla Al Hammadi, AVP – Analyst, Financial Institutions Group, Moody's RatingsPanelists:Alisher Djumanov, Founder and Managing Partner, AD Wealth Family OfficeJessica Tan, Principal, Fixed Income Indices, S&P Dow Jones IndicesOliver Agha, Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)
Mohamad Safri Shahul Hamid , CEO, International Islamic Liquidity Management Corporation
How have recent Shariah compliant IPOs and Sukuk transactions moved the dial in terms of interest in Oman, and how can this impressive momentum be maintained? Does the secondary market across multiple asset classes offer sufficient liquidity and depth, and is sustainability given enough recognition by issuers and advisors? What other opportunities are on offer for Islamic capital markets in Oman, in what sectors, and what needs to be done to capitalise on these?Moderator:Oliver Agha, Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)Panelists:Hichem Bouqniss, Executive Director of Business Operations, International Islamic Liquidity Management CorporationJonathan Segal, Group Treasurer and Head of Capital Markets, Energy Development OmanKemal Rizadi Arbi, Expert/Adviser, Financial Services AuthorityMohamad Noranuar Sajari, Head of Shariah Structuring, Bank Nizwa
How have Islamic capital markets performed and what is a realistic assessment of financial institution, corporate and Sovereign Sukuk markets? Is the UK leveraging on its reputation for innovative capital market products and services? How can London cement its position as a listing and arranging centre for international Shariah compliant capital market transactions and funds? What further opportunities are offered by green and sustainable Sukuk?Moderator:Lawrence Oliver, Executive Director, Deputy CEO, DDCAP Group/ETHOS AFPPanelists:Dr Mohamed Damak, Managing Director and Global Head of Islamic Finance, S&P Global RatingsNadim Zaman, Managing Director, Head of Origination, LBBWSimone Utermarck, Senior Director, Sustainable Finance, International Capital Market AssociationValerie O'Flaherty, Head of Irish and UK Debt listing, Euronext
Insights into Nigeria's Professional and Services Sector 2025Become a supporter of this podcast: https://www.spreaker.com/podcast/the-way-i-see-it--5905056/support.
Der er sæsonstart i Bæredygtig Business, og i dag gør jeg status over rapporteringsstandarderne både i Europa og i den store verden for at forstå, hvilken indvirkning de bl.a. har haft på investorernes lyst til at investere i de grønne virksomheder. Til at hjælpe mig med det store overblik har jeg Jane Jagd på besøg. Hun er Director, Net Zero Finance i We Mean Business Coalition, som skal få erhvervslivet og politiske aktører til at gå sammen om at drive klimahandling. Vi gør status over rapporteringsstandarderne, kigger på den Europæiske CSRD og den internationale ISSB, og ser på, hvordan markedet vil udvikle sig i forhold til ESG-rapportering, herunder den lidet elskede taksonomi, som Jane Jagd faktisk mener er fantastisk. Endelig taler vi om emnet ”Anti-ESG og hvordan danske virksomheder skal navigere rundt i de Anti-ESG-vinde, der blæser i øjeblikket. Du kan høre om: • ESG rapportering i Europa og i Verden – indvirkning og konsekvenser • CSRD og ISSB – forskelle og fællesnævnere • Sektorstandarder og globale standarder • Hvordan data bliver bedre og bedre og hvad det kommer til at betyde for virksomhederne og deres ESG-rapportering • Hvordan investorer og banker fremover vil have øget fokus på de grønne virksomheder – eller dem der er på vej til at blive grønne(re) • Hvorfor man ikke skal være for hurtig til at fordømme de virksomheder, der ligger under for ”Anti-ESG” Nævnt i episoden: • We Mean Business Coalition: https://www.wemeanbusinesscoalition.org/ • CDP: https://www.cdp.net/en • NFRD - Non-Financial Reporting Directive: https://greenly.earth/en-gb/blog/company-guide/what-is-the-non-financial-reporting-directive-nfrd • Rapporten "Interesting solutions from inside the CSRD climate reports": https://www.wemeanbusinesscoalition.org/blog/interesting-solutions-from-inside-the-csrd-climate-reports/ • IPCC - Intergovernmental Panel on Climate Change: https://www.ipcc.ch/ • ISSB: (står for International Sustainability Standards Board og skal måle de ikke-finansielle risici) https://www.ifrs.org/groups/international-sustainability-standards-board/ • IFRS (står for internationale regnskabsstandarder): https://www.ifrs.org/ • TCFD – Task Force on Climate-related Financial Disclosure: https://www.fsb-tcfd.org/ • Uddybning af scope 1, 2 og 3: https://virksomhedsguiden.dk/content/temaer/invester-i-baeredygtighed/ydelser/hvad-er-et-klimaregnskab-og-hvilken-vaerdi-har-det-for-din-virksomhed/f36f342d-9692-497e-8e28-0f7a5778dd5a/ • US Generally Accepted Accounting Principles (US GAAP): https://fasb.org/standards • Sukuk: https://www.investopedia.com/terms/s/sukuk.asp Tips, idéer eller ønsker? Skriv til mig på LinkedIn Du er velkommen til at skrive til mig på LinkedIn, hvis du har idéer til emner, jeg skal tage op i podcasten Bæredygtig Business. Find mig her: https://www.linkedin.com/in/steffenmax/ Ros og konstruktive forslag modtages også gerne. Og hvis du vil give Bæredygtig Business en god anmeldelse i din podcastapp, vil det være fantastisk.
What does it really take to build and protect long-term wealth? In this episode, I sit down with a former JP Morgan Client Wealth Relationship Manager who shares how high-net-worth individuals manage their money — and how you can apply the same strategies. We dive into his experience managing elite clients at JP Morgan, the transition into ethical and Islamic finance, and the realities of discretionary portfolio management. From budgeting and pensions to understanding gold, Sukuk, and the emotional journey of first-time investors — this episode is packed with valuable insights.If you found our last episode on saving tax useful, this is the perfect next step. Whether you're just starting your financial journey or looking to refine your wealth strategy, this conversation will open your eyes to how money really works at the top.Follow CEOCAST On All Platforms Here!Instagram: https://www.instagram.com/ceocast/Youtube: https://www.youtube.com/ceocastFollow Raheem Here:https://www.instagram.com/raheemka/Work with us/collaborations:info@theceocast.com
How are fintechs addressing the needs of American Muslim investors, and how is asset tokenization assisting investor access to real assets and Sukuk? What is offered by P2P and equity crowdfunding, and what is a realistic assessment of the market for digital assets, including crypto? What regulatory changes would help the development of Islamic investment products in North America?Moderator:Ishmam Ahmed, Managing Director, Hoya AdvisoryPanelists:Fahad Siddiqui, Founder and CEO, MabrookSaad Malik, CEO and Co-Founder, Zoya
Patrick Drum, Fixed Income Lead and Portfolio Manager, Saturna Capital
Radhika Das, IFN Journalist, interviews Nikolai Podguzov, Chairman of the Management Board, Eurasian Development Bank, on Islamic finance as a tool for regional growth, Sukuk issuance, the launch of an Islamic banking window, collaboration with the IsDB Institute and expanding the bank's role in global Islamic finance
Qatari conglomerate Estithmar Holding made Islamic finance history with its QAR500 million debut Sukuk, the first corporate to have tapped the Qatari riyal Sukuk market, charting a new pathway for others to follow suit and deepen the market. In a roundtable hosted by IFN, experts behind the transaction from Al Rayan Investment, Masraf Al Rayan and Simmons & Simmons discuss the intricacies and significance of this award-winning deal. Interviewees:Akber Khan, Acting CEO, Al Rayan InvestmentTahir Hayat Pirzada, GM, Group Treasurer and Financial Institutions, Masraf Al RayanHadi El Kadi, Senior Associate, Deal Advisory, Al Rayan InvestmentLee Irvine, Partner, Simmons & Simmons
Hasnain Malik, Tellimer Head of Emerging Markets EquityStrategy, and Harris Irfan, CEO of Cordoba Capital Markets, discuss the potentially foundational changes in standards underway in the global Islamic bond, or sukuk, market.The Emerging Markets Podcast by Tellimer – your single point of entry to emerging markets. Check out the full Tellimer offering here.The Emerging Markets Podcast dives into a range of topics in the emerging and frontier market world including investment themes, debt restructuring, elections, and geopolitical tensions.DISCLAIMERThis podcast is provided for information purposes and represents the personal opinions of the speakers. It is not an offer or solicitation for investment in any securities, nor should it be regarded as investment advice. Tellimer Technologies Limited does not offer or provide advice and no mention of a particular security in this podcast constitutes a recommendation to buy, sell or hold that or any security, portfolio of securities, or enter any transaction or investment strategy. Nor is any such mention an indication that any investment is suitable for any specific person.For more information, please visit Tellimer.com.
Patrick Drum, Fixed Income Lead and Portfolio Manager, Saturna Capital
Through a series of short, punchy presentations we examine the merits of various asset classes from an investor's viewpoint. With each asset class presented by a recognized market practitioner, we offer a critical assessment of Islamic investment opportunities, from private capital, to Sukuk, to equities, to real estate. Which asset class will prevail?Moderator:Vineeta Tan, Director, REDmoney and Managing Editor of IFN InvestorPanelists:Jaber Al Noumani, CFO – Finance and Procurement, OQ Exploration and ProductionKhalid Howladar, Chairman, MRHB.NetworkLouis Hems, Commercial Director, Dubai Gold and Commodities ExchangePatrick Drum, Fixed Income Lead and Portfolio Manager, Saturna CapitalWalid Shalan, Group Chief Financial Officer, Estithmar Holding
How much further can regional Shariah compliant asset owners and managers incorporate green and sustainable considerations into investment decisions, while at the same time encouraging investee companies to manage climate risk? What is a current assessment of regulatory frameworks and their influence on Shariah compliant investment decisions? Is sufficient regional Shariah compliant capital being channeled into energy transition, and are we maximizing the potential of green Sukuk?Moderator:Sohail Zubairi, Green Islamic Finance SpecialistPanelists:Faisal Ali, Senior Portfolio Manager, AzimutLuma Saqqaf, Founder and CEO, Ajyal SustainabilityMona Zeineldin, Managing Director, Emerging Capital Management Partners
Radhika Das, IFN Journalist, interviews Rosyidah, Shariah Business Development Analyst, Indonesia Stock Exchange, on the influence of Sukuk issuance on market dynamics
Radhika Das, IFN Journalist, interviews Muhammad Akram Ramli, Senior Executive Analyst, BIX Malaysia, on the growth of the Sukuk market and development of green Sukuk
Radhika Das, IFN Journalist, interviews Ahmed Ali Siddiqui, Senior Executive Vice President & Head of Shariah Compliance, Meezan Bank, on the Sukuk market in Pakistan
Sukuk in Turkiye are gaining serious momentum. Ahmet Tacer of Golden Global Investment Bank, explains to Vineeta Tan the factors driving this phenomenon.
What does a vibrant, liquid market for Islamic capital raising and issuances in a major Western capital look like, and what more should London do? How should regulatory frameworks evolve to meet market requirements and how can the performance and impact of UK Islamic capital markets be enhanced? Has the UK capitalized on the 70+ Sukuk and three Islamic ETFs listed on LSE, as well as unparalleled expertise in areas such as export credit? Can more be done to supply the market with high-quality liquid assets, and to what extent would this contribute to building a yield curve unique to Islamic financial institutions? How can green and sustainability linked Sukuk and other innovations flourish in the UK?Moderator:Nitish Bhojnagarwala, Senior Vice-President, Financial Institutions Group, Moody's RatingsPanelists:Ahsan Ali, Managing Director and Head, Islamic Corporate and Investment Banking, Standard Chartered SaadiqJonathan Grosvenor, Senior Associate, Trowers & HamlinsDr Mohamed Damak, Managing Director and Global Head of Islamic Finance, S&P Global RatingsShrey Kohli, Head of Debt Capital Markets, London Stock Exchange
How can the performance and impact of Malaysian Islamic capital markets and Sukuk be further enhanced? How significant is the re-emergence of the regulatory capital Sukuk market for the region's Islamic financial institutions? Can more be done to supply the market with high-quality liquid assets, and to what extent would this contribute to building a yield curve unique to Islamic issuers? How do we deploy Sukuk to further support banking and non-banking financial businesses? What are the potential opportunities offered by tokenization in Islamic capital markets? Finally, how can green and sustainability linked Sukuk and other innovations flourish?Moderator:Nitish Bhojnagarwala, Senior Vice-President, Financial Institutions Group, Moody's RatingsPanelists:Ahmet Tacer, Capital Markets and Investment Banking Director, Golden Global Investment BankFrederik Wijsenbeek, Partner and Chief Investment Officer, Vemi CapitalDr Muhammad Issyam Ismail, Assistant Vice-President, Islamic Wholesale Banking, CIMB Islamic BankYasir Gorpe, Senior Investment Specialist – Fund Manager, Islamic Development Bank
Nigeria is at a pivotal moment in its economic journey. For decades, oil has been the backbone of its economy, but the urgency for diversification has never been greater. On this shifting economic landscape, the halal economy stands out as an opportunity offering Nigeria the chance to expand its economic reach, generate jobs, and claim its place as a key player in a global market focused on ethical, sustainable, and culturally-conscious consumption.In Nigeria Daily today, we look into the halal economy and explore how Nigeria can seize its benefits to build a stronger, diversified future.
Patrick Drum, Saturna Capital Senior Investment Analyst and Portfolio Manager, joins us to talk about the features of sukuk fixed income and what makes it halal.
Patrick Drum, Saturna Capital Senior Investment Analyst and Portfolio Manager, joins us to talk about the features of sukuk fixed income and what makes it halal.
Air Selangor issued its largest SRI Sukuk to date in October 2023. In this episode, Marlena Kereem, the editor of Islamic Sustainable Finance and Investment, sits down with Kevin Lee Shih-Min, the head of finance and strategy at Air Selangor, to talk about this landmark issuance and its SRI Sukuk strategy moving forward.
reNIKOLA Solar II issued the world's first Climate Bonds Initiative-certified Sukuk in September this year. Marlena Kareem, the editor of ISFI, speaks to Khong Ho Ming, the executive director and COO of reNIKOLA, about this landmark issuance.
UK-headquartered Autarky Sukuk's latest offering serves investors looking for a Shariah compliant investment based on real estate in the UK. Co-founders Shoaib Bux and Yasin Patel speak to IFN's Nessreen Tamano about the challenges and opportunities in the market.
What is driving the shift toward transition and sustainability-linked bonds and Sukuk issuance, and how do we maintain this momentum? What options do the deployment of sustainability-linked financing structures offer issuers, and are they properly understood? How do we better identify viable underlying assets for transition and sustainability-linked issuance, while also verifying the actual uses of proceeds? What role does transition and sustainability-linked finance play in the development of sustainable projects and infrastructure development? How can adherence to KPIs in the post-issuance process be assured and what tools are available for this purpose, such as second-party opinions and external review? We seek the views of an expert panel.Moderator:Marlena Kareem, Editor, Islamic Sustainable Finance & Investment, REDmoney GroupPanelists:Dr Ayaz Ismail, Director – Wholesale Banking, CIMB Islamic BankBasheer Ahmad, Listing Authority, Markets, Dubai Financial Services AuthorityJeffrey Lee, Vice-President, Regional Manager APAC, Sustainable Finance, Moody's Investors ServiceMillie Yap, Director, Debt Capital Markets, HSBCDr Mohamad Zabidi Ahmad, Regional Chief Representative, DDCAP Group
How does Malaysia fully leverage on its reputation as an international center for innovative Shariah compliant transactions and structured finance products? What is the potential for Islamic syndicated finance — distribution and the development of regional secondary markets? Do additional Tier 1 Sukuk still offer Islamic financial institutions the most flexible and efficient way of satisfying regulatory capital requirements? How do we ensure issuances continue to feature Islamic tranches, and that Islamic finance is a mainstream way of funding large projects? How do we capitalize on the rising significance of the Islamic pre-IPO, IPO, ECM and corporate finance markets? Finally, what is the continued importance of Waqf and Tawarruq within Islamic financial market structures, and how influential are alternatives such as Wakalah?Moderator:Elias Moubarak, Partner, Trowers & HamlinsPanelists:Basheer Ahmad, Listing Authority, Markets, Dubai Financial Services AuthorityDr Mohamad Zabidi Ahmad, Regional Chief Representative, DDCAP GroupMohd Ekmal Mohd Zazi, Regional Head, Wholesale Banking, CIMB Islamic BankMushtaq Kapasi, Managing Director, Chief Representative, Asia Pacific, International Capital Market Association
The past few years have seen some landmark deals and transactions in the Omani Islamic finance and Sukuk markets, and this trend can be expected to continue, Asad Qayyum, a managing partner at MAQ Legal, tells IFN's Nessreen Tamano in this podcast episode.
What represents a blueprint for advancing the transition to a low-carbon economy via effective stakeholder collaboration, regulation, resource allocation, positioning and product innovation in the Omani financial services sector?What are the implications for the Islamic sustainable financial services sector of the introduction of various regulatory taxonomies, frameworks and standards?How will new bond and Sukuk regulations, as part of the executive regulations to the Securities Law, accommodate and facilitate sustainable finance in Oman?What are current tax and operational cost incentive frameworks for the development of Islamic sustainable finance and investment products in Oman? Are they effective, and what more can be done?The juxtaposition facing the GCC: funding the hydrocarbon sector, while simultaneously developing a thriving green and sustainable finance sectorAre we sufficiently capitalizing on the powerful synergies between sustainable finance and Islamic finance and how do we effectively position the sector?What are important criteria in the development of Islamic sustainable finance and investment products, and are we successfully developing products which satisfy both Shariah and ESG requirements?What approaches are large regional institutional investors taking to sustainable finance and investment, and what can be learnt from this?How do we fund clean energy, sustainable activities and social projects in Oman such through an effective, liquid Islamic capital market?How do we continue to measure impact from green and sustainable issuance? What tools are available for issuers and investors for this purpose?Moderator:Luma Saqqaf, CEO, Ajyal Sustainability ConsultingPanelists:Asad Qayyum, Managing Partner, MAQ Legal Kemal Rizadi Arbi, Expert/Advisor, Capital Market Authority, Sultanate of Oman Khalid Al Kayed, CEO, Bank Nizwa Shahariah Shaharudin, President, Saturna Malaysia Talha Ahmed Khan, Country Manager and Head Global Investment Unit, Pak Oman Investment Company Thamer Al Shahry, Partner, Said Al Shahry & Partners
The Capital Market Authority of Oman is working on new and updated regulations for virtual assets and the bond and Sukuk markets of the Sultanate, advisor Kemal Rizadi Arbi tells IFN's Nessreen Tamano in this episode.
The reach and implications of new regulations for the issuance of bonds and Sukuk on products and markets.Discussing the potential issuance of a treasury Sukuk and how it would benefit the Omani Islamic capital market.Examining the Towell Infrastructure Projects syndicated Wakalah, and what the structure means for the Islamic finance market in Oman.Developing the Islamic equity capital market in Oman, and capitalizing on recent domestic IPO activity.How will new bond and Sukuk regulations accommodate and facilitate sustainable finance?Restructurings and refinancings in the Sultanate — the role of the Islamic capital market.Moderator:Luma Saqqaf, CEO, Ajyal Sustainability ConsultingPanelists:Mohamad Noranuar Sajari, Head of Shariah Structuring, Bank NizwaSuad Al Balushi, AGM – Head of Treasury and FI, Oman Housing BankVinod Sadhwani, General Manager, Treasury, MB Holdings
--------------------------------------------------------------------------------------------------► Newsletter (1st link): https://linktr.ee/practicalislamicfin...--------------------------------------------------------------------------------------------------Thanks for watching our video: No Fixed Income in Islam - The Truth RevealedDiscover the truth about Islamic fixed income in this eye-opening video! If you've ever wondered about the authenticity of products claiming to offer Sharia-compliant fixed income, this video is a must-watch. Join us as we delve into the principles of halal investing and uncover the flaws in so-called Islamic fixed income. By the end of this video, you'll realize why it's crucial to understand the concept of profit and loss sharing in Islamic finance.We begin by exploring the fundamental idea behind halal investing, which centers on profit and loss sharing. Unlike non-halal investments that involve interest-bearing loans, halal investing requires that your returns reflect the actual outcomes of the business activity you're involved in. We use the example of investing in a pizza shop to illustrate the stark contrast between halal and non-halal approaches.Next, we tackle the topic of Sukuk, often advertised as an Islamic alternative to bonds. While Sukuk theoretically offers time-bound ownership shares of assets and a share in the generated cash flows, we uncover some concerning realities. The idea of fixed income within Sukuk contradicts the nature of real business outcomes, where results are uncertain. We analyze major Sukuk funds and expose violations of Sharia principles, including profiting off of debt, which is clearly considered riba (usury) in Islam.Moreover, we delve into the misrepresentation of profit-sharing arrangements in Sukuk. We examine the payment structures and terminology used by Franklin Global Sukuk Fund and GFH-Sukuk-Fund, highlighting red flags and inconsistencies. These findings cast doubt on the authenticity of the profit-sharing claims made by these funds.Throughout the video, we emphasize the importance of avoiding products that exploit linguistic loopholes to attract Muslim investors. By understanding the flaws and potential pitfalls of Islamic fixed income, you can make informed investment decisions and protect your wealth in accordance with Islamic teachings.Join the debate and gain invaluable knowledge by subscribing to our channel and signing up for our newsletter. Stay informed about the latest developments and receive an updated comparison of major halal investing funds. Together, we can navigate the complexities of halal investing and ensure our financial practices align with Islamic principles.Remember, if you want your investments to comply with Islamic teachings, you must be ready to engage in genuine business activities and bear your fair share of risks. Like and subscribe for more enlightening content. May peace be upon you.--------------------------------------------------------------------SUBSCRIBE IF YOU WANT TO BUILD HALAL WEALTH!╔═╦╗╔╦╗╔═╦═╦╦╦╦╗╔═╗║╚╣║║║╚╣╚╣╔╣╔╣║╚╣═╣ ╠╗║╚╝║║╠╗║╚╣║║║║║═╣╚═╩══╩═╩═╩═╩╝╚╩═╩═╝--------------------------------------------------------------------CHECK OUT OUR OTHER VIDEOS► Forex Trading: Halal or Haram? • Forex trading: Ha... ►Day Trading: Halal or Haram? • Day Trading: Hala...