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Risk and riba
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A bespoke route
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Islamic derivatives users are still getting to grips with a new sharia-compliant master agreement, but some argue the market will be stunted without an accompanying collateral document. Lawyers say that is some way off, so they’re cooking up bespoke...
Nasdaq has launched two sharia-compliant indexes, the first in a family of indexes which it intends to launch.
Nasdaq has released its first sharia-compliant indexes, based on the Nasdaq 100 and OMX Stockholm Benchmark indexes
The International Swaps and Derivatives Association and the International Islamic Financial Market published the long-awaited Islamic master agreement in March after more than three years of negotiations. Market participants welcome the document, but...
Isda and IIFM unveil sharia-compliant hedging master agreement for Islamic derivatives