Hints and tips:
...Abu Dhabi-based Etihad Airways has issued a first-of-its kind transition sukuk, meaning sharia-compliant, bond to buy sustainable aviation fuels and develop low-carbon aircraft....
...Others in Mali argue that the government in Bamako lacks a plan for peace talks and will end up legitimising the extremists’ demands for sharia law....
...In Saudi Arabia morality is enforced by sharia courts, but in the UK the job is done by undercover newspaper stings....
...Guernsey expertise created the first sharia-compliant life insurance securitisation product....
...As Ms Brown says, some of the girls who leave for Syria meet the militants on social media that reflect their existing beliefs....
...Charlie Hebdo — its name derived from the “Peanuts” cartoons featuring Charlie Brown, and a nod to Charles de Gaulle — was founded in 1969 and published until 1981, when it folded....
...Tom Brown, head of global head of investment management at KPMG, the consultancy, agreed that lowering the cost of sharia-compliant investing is crucial to the growth of this sector....
...Stuart Litwin, a partner at Mayer Brown, advised Morgan Stanley as underwriter on the transaction....
...The multidisciplinary model combines legal, consulting and sharia and other advisory services under an umbrella entity that separates management and legal practice....
...The growth in interest in sharia funds presents tremendous opportunities....
...There is enough sharia, or Islamic law, in the proposed constitution, they argue, pointing out that article 2 (which everyone agrees on) stipulates that the “principles” of sharia are the main source of...
...The push for hudud, a controversial form of sharia law, by Pas is opposed by the Democratic Action party....
...There will undoubtedly be a “guerrilla battle between Islamists and women”, predicts Nathan Brown, an expert on Islamist movements at the Carnegie Endowment for International Peace....
...These include sharia-compliant syndicated loans, mortgages and even credit cards, which charge a fixed fee on unpaid balances, rather than interest....
...His most controversial moment came in 2008 when he said that the adoption of aspects of Sharia law in the UK “seems unavoidable”....
...The lack of a standardised approach to sharia compliance, which results from differing interpretations of sharia law by scholars, also continues to hamper development....
...Simon Brown, a housebuilding analyst at Northland Capital, comments: “What we are seeing at the moment is a flight to security, as many investors are looking at London as the best place to put their money...
...Some banks are also using a sharia-compliant commodities exchange on Bursa Malaysia, set up last year....
...Additional reporting by Robin Wigglesworth in Manama, Kevin Brown in Singapore and David Oakley in London...
...I’m a touch disappointed but when I pick one up it crumbles enticingly between my fingers, and, dipped into a spoonful of the thick, brown dal, tastes rich, charcoaly and pleasing....
...About 19 per cent of banking assets are sharia-compliant, as are 88 per cent of listed stocks on Bursa Malaysia, the Kuala Lumpur stock exchange....
...“It is possible to standardise and harmonise across borders a system of sharia rulings that would obviate the need for every bank and every instrument to have its own sharia boards,” Dr Abbas told the Financial...
...In contrast to the competing schools of sharia interpretation in the Gulf region, Malaysia recognises only one source of religious legitimacy – rulings by its own Sharia Advisory Council, now entrenched...
...The use of complex mechanisms, sometimes involving multiple transactions, to comply with sharia injunctions against interest, uncertainty and speculation “implies that some level of inefficiency is intrinsic...
...Meeting Mr Obama and Mr Brown is about credibility as well as cash....
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