New Horizon

(Issue 55)

Comment

The Question of a Benchmark in Islamic Finance

Feature The development of an Islamic money market, Nasiruddin Ahmed, Executive Vice President, of Al Baraka Bank Bangladesh Ltd, gives his views on the development of the Islamic bank. The establishment of an Islamic money market will require the support of the central bank. It is essential to develop specific financial instruments to utilise and mobilise funds thus enabling the Islamic banks to meet the essential needs of the Shariah.
IIBI
Faysal Bank Board Members attend IIBI Dinner. As the board members of three banks from the Faysal group of banks hold their board meetings in London for the first time, sustained growth in the group is clearly apparent. Adeel Y Siddiqi looks at un-audited half-yearly results of the three banks.
Islamic Finance
Quantifying The Islamic Financial Market Size In the second and final part of this series (the .first part appeared in the August issue of New Horizon - issue 54), Dr Rodney Wilson discusses how extensive infrastructure spending in some regions may impact on the investment decisions of potential customers, and how to predict the long term needs of the market as a whole.
Corporate Profile

Bank Islam Malaysia Berhad - 'Progressive, Professional, Friendly' Committed to successfully operating as a commercial bank while within Islamic Principles, Bank Islam has been celebrating its success by opting for a 'brighter and more harmonious corporate colour' and introducing a new motto. With assets up by over 10 per cent in 1995, it seems to have worked.

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