Islamic Commercial Law Report 2017: Islamic Capital Markets

For more than 40 years, governments, banks and businesses in the Muslim world have strived to formalize and expand the use of Shariah in their financial dealings, both to provide services that satisfy the demands and preferences of their citizens and consumers, and to make finance better serve the real economy, as intended in the principles of Shariah

Staff Writer, Zawya Islamic Finance

September 10, 2022

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The first step in this process has been the establishment of Islamic banking industry on a country-by-country basis. In several regions, this sector has seen great success, capturing up to 25% of banking market shares as is the case for Malaysia

Perhaps the most significant sub-theme of the report, beyond connecting the academic and business worlds, is opening a channel for dialogue between professionals in different countries in the Islamic finance industry. Many of our authors have raised proposals to improve cross-border investing and harmonize Shariah opinions and frameworks for contracts and governance, which will bring collective benefits for the industry everywhere.

Access the full report to find out:

Trends and Product Development in the Islamic Capital Market;
Shariah Governance and Legal Frameworks;
Shariah Issues in Islamic Capital Market Instruments;
Innovation in Islamic Capital Market Products;
Case Studies on the Intersection of Shariah and Prevailing Legal Frameworks; and
The Way Forward.