New Horizon

(Issue 50)

Comment

Self-assessment - the Essential Leverage for Tomorrow

Feature Cross Border Islamic Trade Financing, by
Adil Ahmad
, Director and Head of Islamic Finance at the ANZ International Merchant Banking department, London, looks at Islamic financing in general, and cross border Islamic trade financing in particular. He also discusses the structured trade financing transaction ANZ has developed in Pakistan.
Islamic Finance
Islamic Financial Instruments: Definition and Types
In the first of two parts, Abdul Awwal Sarker discusses the nature of Islamic financial instruments that have already been introduced in some Muslim countries (including Pakistan, Jordan, Malaysia, Iran and Gulf countries), and the possible instruments proposed by Islamic economists.
Ijara (Leasing)
Leasing in Pakistan: Experience, Development and Prospects
Today, one of the most talked about subjects in the corporate and financial world is the subject of leasing. In the developed countries, it is almost an integral part of the overall financial system and often advocated as the least expensive and most advantageous form of funding. Tayyeb Afzal, CEO of the National Development Leasing Corporation Ltd, Pakistan.
Islamic Banking

Islamic Banks and Deposit Mobilisation
Concluding last month's article, Anwar Meenai, continues his discussion on the major dilemma that Islamic banks face, in regards to the acceptance of deposits for varying periods, similar to those mobilised by traditional commercial banks.

Islamic Funds Islam Attracts Western Fund Managers
A $60 billion (£39bn) investment market has opened up to Western investment houses, thanks to a new fatwa overturning previously held opinions regarding investment banking. This potentially enormous new area of business involves assets that Islamic investors may now be willing to place in equities, that were previously denied to them by Islamic jurisprudence.
IIBI Forum

IIBI Shariah Scholars provide answers to questions and issues pertinent to Islamic banking

IIBI News

Report on Institutes Activities

News Monitor

New Horizon reports on recent developments within the Islamic financial world