In a world of digital transformation, BIG DATA ANALYTICS has become a crucial tool for both public and private organizations alike to uncover vital information as market trends and customer preferences in a way that empowers these organizations to make informed, data-driven business decisions. Big data analytics not only helps organizations achieve better marketing and operational efficiency, but it also plays a role in driving innovation and...

To stay updated with the fast-changing global economy, the 12th edition of the Annual Investment Meeting (AIM Global) scheduled on 8 - 10 May, 2023 in Abu Dhabi, United Arab Emirates will be setting off on 2 tracks

Valued for its quality in-depth discussions, the high-level Dialogue will gather the region’s leading minds in Islamic and sustainable finance to engage in an intellectual exercise toward finding pragmatic solutions to advance the Islamic sustainable agenda in the region.

For financial institutions, measuring and managing market and credit risk is a relatively straightforward process done through established tools, models and methodologies. However, accurately identifying and measuring the complex risks directly associated with climate change (and other important events) is a significantly more challenging task.

Entrex Carbon Market (Entrex), a Florida-based blockchain-enabled carbon offsets and futures trading platform, is considering pursuing a Shariah compliant Fatwa for its offerings pursuant to the investor mandate, Stephen H Watkins, CEO of Entrex, told ISFI.

It seems that the region continues to act as a platform for battles of interests between the EU and Russia. So far, this competition is favouring the Stans.

Ensuring Shariah rules and principles are adhered to is one of the ultimate responsibilities of Islamic financial institutions (IFIs). IFIs carry out this responsibility through establishing Shariah review and audit functions within their institutions. The role of the Shariah compliance audit provides independent assessment and objective assurance designed to value-add and improve the level of confidence of the IFI’s compliance with Shariah.

For financial institutions, measuring and managing market and credit risk is a relatively straightforward process done through established tools, models and methodologies.

Stress-testing is essential to banks and regulators. It forms the backbone of a bank’s ICAAP (Internal Capital Adequacy Assessment Process), and answers whether a bank could withstand extreme but plausible scenarios which would impact its profitability, liquidity, and capital adequacy.

The convergence between ESG finance and Islamic finance represents an immense opportunity for the Shariah finance industry. Analysts have estimated the ESG investment sector to be worth some US$35 trillion – Islamic ESG finance, however, is only a minor fraction of this booming industry. How and why?