Tag: financial stability


The 28 September issue of Finance Forward did not identify that Michael Bennett, Head of Derivatives and Structured Finance for the World Bank contributed the first article on the IFFIm sukuk. We regret the omission. FAST FINANCE The continuing emissions scandal at Volkswagon continues and VW faces the expensive task ... Read More
October 4, 2015mega


FAST FINANCE Continued dives in major emerging market currencies including the Ringgit, Lira and Real continues. Of these three, all had investment grade ratings before Brazil’s was cut by Standard & Poor’s from BBB- to BB+. The first move on Brazil’s sovereign ratings could be indicative of cuts to other ... Read More
September 13, 2015mega


The controversy about the use of equity versus debt in Islamic finance is one which has been present for years.  The shift towards ‘profit-and-loss sharing’ (PLS) modes of finance is growing in some countries, notably in Pakistan and Indonesia, with help from government policies to encourage it.  The ... Read More
May 1, 2015mega