FINANCE - IILM - Retooling Liquidity Management

Islamic repos, or repurchase agreements, provide a new tool in creating and managing liquidity in the Islamic interbank money market. SCOTT WEBER identifies what instruments are available in the market and the extent to which they are being utilized.

Islamic repos aim to provide Islamic financial institutions with an additional avenue to source their funding requirements, providing banks with relevant tools to effectively manage their liquidity needs allowing the banks to finance its asset inventory.

EVENTS - PUBLICATIONS - GIFF 2010 - Presentation Indonesia

by : Halim Alamsyah, Deputy Governor, Bank Indonesia
Recent Development of Islamic Financial Services Industry: Country Case Indonesia

OPINION - Identity banking : a new Islamic paradigm ?

Identity banking : a new Islamic paradigm ?

Source : http://islamicfinancenews.com/

Introduction

Islamic finance is – build upon the Shariah – a viable alternative to conventional finance.

For the individual Muslim, it offers a compliant financial product at a price that is competitive with the products from the regular interest-based deposit banks.  

Islamic banking indeed is not “for free”.  It is a business activity that is supposed to make maximal profits to guarantee its’ own sustainability, be it compliant to the standards as set forth in the Shariah. 

FINANCE - IILM - BNM’s Islamic liquidity plan

KUALA LUMPUR: Bank Negara Malaysia (BNM)’s International Islamic Liquidity Management Corp (IILM) will issue short-term papers as part of efforts to enhance cross-border flows.

According to BNM governor Tan Sri Dr Zeti Akhtar Aziz, the short-term papers will be issued in international reserve currencies, such as the US dollar and the euro.

CONFERENCE - 25-28 OCT 2010 - GIFF Global Islamic Finance Forum (Kuala Lumpur - - Malaysia)

http://www.giff2010.com/