GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Dubai, UAE, November 14, 2018:  For nearly two decades, financial regulators and investment institutions around the world have been committed to strengthening practices in Islamic capital markets, and leverage standards for Sukuk as a key investment asset class. There has also been strong commitment from industry standards setters and other business supporting institutions (BSIs) to address practice differences and inconsistency.

Deloitte's Islamic Finance Knowledge Center in the Middle East, in collaboration with the International Shariah Research Academy (ISRA), has just launched a new whitepaper, “Sukuk in focus: the necessity for global common practices”, inviting industry experts to share their perspectives on processes and principles of sustainable investment that will harness the case for global common practice of the Sukuk markets.

“We could find grounds for a working relationship with several stakeholders in the regulatory space and amongst market participants to narrow gaps and bring together the Islamic finance practices alongside with global best practices in banking and finance,” said Joe El Fadl, Partner in Charge of the Financial Services Industry at Deloitte Middle East. “We need a cross-industry strategy around building robust investment governance practices across geographies of proximity between east and west.”

“Continuous interaction with industry practitioners, well-established legal and regulatory framework, and concerted efforts by different industry stakeholders have contributed tremendously in identifying gaps and shaping best practices for Islamic finance in general and sukuk in particular,” said Professor Mohamad Akram Laldin, Executive Director, International Shariah Research Academy for Islamic Finance.

“We structured our analysis on enhancing Shariah governance with noble objectives of Shariah around three broad considerations: global sustainable development goals (SDGs), the strategic role of industry institutions to harness good practices, and the current regulatory and policy support initiatives in key markets selected for this study,” explains Dr Hatim El Tahir, Director of the Deloitte Islamic Finance Knowledge Center.

This whitepaper is produced under the Deloitte Islamic finance series, “Leading by Engaging”, produced by the Deloitte ME Islamic Finance Knowledge Center (IFKC). 



Posted by : GoDubai Editorial Team
Viewed 4990 times
Posted on : Wednesday, November 14, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Deloitte Middle East announces admission of 30 new partners, directors and principals
Next Story : Real Estate Register Law: Supreme Legislation Committee's Explanatory Note on Article 11 – Part 1 of...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Introducing Burberry Bespoke Fragrances
Celebrate the Month of Love with a Brighter Smile at The Smile Bar
Longchamp Spring/summer 2019 Show
Malabar Gold & Diamonds opens a new showroom in Millennium Dubai Airport Hotel t...
Making many tones from one
Global Village presents Scheherazade, a timeless tale of intrigue and adventure
Always take the front row with this 7.2” supersized smartphone screen
Turkish Airlines reached the 80.2% Load Factor in December 2018.
Tag Heuer Demonstrates Watchmaking Mastery With Its New Carrera Calibre Heuer 02...
A Chaumet Valentine's Day Sentimental jewellery
Celebrate Valentine's Day With a Quintessential Timepiece From D1 Milano
Eberhard & Co. Gilda makes an extraordinary Valentine's Day gift
The Preston watch collection by Coach
Tissot PRS 516 Alpine Limited Edition A sporting tribute
Beef Sushi- Love at first bite
Bollywood Actor Anil Kapoor to inaugurate 2 new outlets of Malabar Gold & Diamon...
Persil Appoints Nancy Ajram as the new Regional Brand Ambassador
Third Edition of Al Shira'aa International Horse Show Concludes with Thrilling Finale
Walid Atallah's “Dream Dress”: The new revolution in the World of Fashion 2019
Nicole Kidman at the Golden Globe Awards
Flying Grand Regulator now available in new colour combinations
Joyalukkas Shopper wins BMW Car in DSF Mega Promotion
Time for Unsung Heroes to Be Recognised With Citizen Campaign
Luxury jewelry house Dhamani 1969 launches exclusive CHRYSALIS collection
Al Mouj Muscat pays tribute to Oman with Layers of Oman Exhibition
Scuderia Ferrari presents PILOTA Family Collection
The Kingdom of Saudi Arabia's Minister of Energy, Industry, and Mineral Resource...
HUGO BOSS watches Legacy Casual Family collection
Audi turns the car into a virtual reality experience platform at CES
OMEGA reintroduces the iconic Calibre 321
MALABAR GOLD - DSF Winner Photo for Release - Anandan Ganesh
Citi UAE opens Citigold lounge in Abu Dhabi.
Alawwal bank becomes first Middle East firm to offer AI training for all staff
DLD records growing demand on its smart applications
The Region's Most Anticipated Shopping Festival Is Back at Burjuman
Dawoodi Bohra Trade Expo begins at Expo Centre Sharjah
2020 Cadillac XT6 Makes Global Debut
Emirates Nuclear Energy Corporation Celebrates 3rd Barakah Excellence Awards
Global Energy Forum: His Excellency Khalid Al-Falih's address on day three
Sultan Awards Oil & Gas Exploration Concession to Italy's Eni
Opening Ceremony of Azerbaijan House in the United Arab Emirates
Central Bank of the UAE Holds its 1st Board of Directors Meeting for 2019
Saudi Visa Application Process in Dubai Restricted to Holders of UAE Residence P...
Dubai Customs thwarts attempt to smuggle 5m Captagon pills
Special Olympics World Games Abu Dhabi 2019 Partners With Uae Pro League Committ...
Trade optimism drives commodities higher
Cisco and ADSSSA embark on digital acceleration initiatives
Abu Dhabi Airports sponsors the UAE Sport Talent Fund
Lifetime KidsRooms Grand Opening In Dubai, UAE
Choose to Start the Year Right With Etihad's Global Sale