In this Country Correspondent Report for Islamic Finance News ("IFN"), Manuela Belmontes discusses how environmental, social and governance ("ESG")...

This article discusses the lack of regulations, documentation and qualified professionals needed to regulate and defend stakeholders’ rights in the Islamic finance industry.

Manuela Belmontes discusses how UAE-based corporates are raising capital through the Islamic capital markets and doing so using offshore SPVs.

Banks and financial institutions are a part of everyone's life. The financial relationship between a person and his bank is government by documents and agreements.

In the 'conventional' finance space, asset-backed financings have proved a successful method of funding social and civil infrastructure.

The Middle East continues to be a powerhouse in the Islamic finance industry, commanding a significant share of global Sharia-compliant assets. The region is estimated to hold approximately 77.4%...

As we mark 20 years in Dubai, we're reflecting on the city's transformation into a global financial centre – and our journey as the first international...

A developing trend in the Middle East is the use of offshore centres for the structuring of master Islamic investment platforms. Such platforms are being established by Shariah compliant financial institutions...

For nearly 30 years, Federal Decree Law No. 18 of 1993 relating to the commercial transactions law (the "Old CTL") played a key role in regulating dealings between commercial counterparties in the United Arab Emirates (UAE).

Dominic de Mariveles has relocated from London to the UAE in his role as Chief Commercial Officer at Praxis, reflecting the independent professional services firm's commitment to both the Middle East and Southeast Asia as key growth regions.

As of today, the amount of investment that can qualify as SRI in the energy sector is still relatively low; however, increased eff orts are being made to increase the amount of investment

During H1 2023, Fitch Ratings noted a decline of 18.5% quarter-on-quarter in Sukuk issuances from core markets.

The General Authority of Zakat and Tax in KSA has published English version of the Islamic Finance VAT guide, which was previously only published in Arabic.

Innovation could further increase the significance of Islamic finance as a source of finance for the aviation industry.

The transaction, which was also recognised as Ijarah Deal of the Year, reflects the continued use of sophisticated Sukuk structures in the region and the important role of Cayman Islands issuer vehicles...

Islamic finance has grown significantly over the past few years into an estimated US$2.4 trillion industry.

On 9 July the United Arab Emirates (UAE) Ministry of Finance (MOF) published an update of the Value Added Tax (VAT) FAQ section of its website.

With 2023 now firmly behind us, Walkers' Dubai based capital markets team discuss the year's key transactions and the upcoming trend expectations for 2024.

The economic boom in UAE has resulted in huge developments and a considerable increase in trade.

Mudaraba is a profit-sharing Islamic finance partnership arrangement. Under this structure, the Investor (the "Rab-al-Mal" or "Investor") invests assets into the partnership, while the Manager (the "Mudarib" or "Manager") receives and manages these assets.