INSIDE ISSUE 18

INDICES

Inequalities of screening

Standardised, transparent screening that accounts for Shariah guidelines will produce more consistent Islamic financial products. Professor Ulrich Derigs and Shehab Marzban dissect the different systems and look at the way forward

BANKING

CAR needs driving in the right direction

If supervisory authorities and central banks provide regulatory incentives to Islamic banks, true economic returns to investment account holders could follow, argues Syed Farook. One incentive is the capital adequacy ratio (CAR)

HISTORY

Deciphering the secrets of the scrolls

The discovery of the Cairo Geniza provided an important insight into the development of Islamic business transactions, writes Mohammed Imad Ali

FINANCE

Applying Koranic thinking to microfinance

The Islamic finance sector shares with conventional microfinance ethical and moral behaviour that offers real opportunities for the poor and society, writes Alberto G Brugnoni

EDUCATION

Institutions try to fill the demand

The need to increase human capital in Islamic banking and finance has been evident in academia. Institutions have been quick to devise their own programmes in the hope of capturing students keen to enter the sector. Roshan Madawela reports

TECHNOLOGY

Complexities of risk outweigh Basel II

Demands on risk managers are greater In Islamic banking with more considerations than Basel II. Johan Lee reports

VIEWPOINT

The Last Word

More effort needs to be spent on product innovation to offer clients greater diversity, writes Brian Kettell