WORLD - Islamic banking assets could reach $1.8 trillion by end of 2016

JEDDAH: Islamic banks may be bolstered by a nearly doubling of assets within five years, as borrowers seek alternative methods of financing due to a cutback in lending at European and US banks, according to a report by Deutsche Bank.

The bank expects that mortgage financing, particularly in Saudi Arabia, could provide $100 billion in assets to the overall industry. (source)

Country Report: Turkey - Staying the course (Islamic finance grows)

Turkey has bounced back from a sharp economic contraction to become one of the region's best performers. Its prospects are brighter than ever.
 

Turkey's constitutional referendum last month gave a boost to prime minister Recep Tayyip Erdogan's ruling AK Party, as voters approved 26 amendments to the country's 1982 Constitution. The poll was an important test for the government ahead of next year's general election.
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FINANCE - GENERAL - Islamic financial institutions to restructure debts

Mideast finance leaders anticipate reforms in the post global financial crisis climate with 66% believing the industry is under-regulated.

Dubai: Over half of the Middle East's Islamic finance institutions (IFIs) flagged a need for raising capital and are likely to restructure current Islamic debt over the next 12 months, according to Deloitte's Islamic Finance leaders survey in the Middle East, the results of which were released yesterday.

ISLAMIC FUNDS - IFIR 2010 from EY ErnstYoung

On Sept 2, 2010 EY published the 4th "Islamic Funds and Investments Report" (IFIR 2010) emphasizing the importance of fund managers to pay sufficient attention to the investors preferences, focusing on enhancing the quality of their offering and moving away from transaction-only approach to comprehensive Wealth management solutions.

PUBLICATION - REPORT - BASEL releases final report on Microfinance Activities and Effective Supervision

BIS - The Bank for International Settlements issued a new report -

Microfinance activities and the Core Principles - Basel Committee issues final paper

The report can be of interest for anyone involved in Islamic microfinance. 

The report can be downloaded here http://www.bis.org/publ/bcbs175.pdf?noframes=1 - Aug 31, 2010

PUBLICATION - REPORT - BASEL releases final report on Microfinance Activities and Effective Supervision

Aug 31, 2010: The Basel Committee on Banking Supervision has issued the final version of its paper entitled Microfinance activities and the Core Principles for Effective Banking Supervision that contains supervisory guidance for the application of the Basel Core Principles for Effective Banking Supervision (BCP) to microfinance activities, and the range of practices on regulating and supervising microfinance activities.

PUBLICATION - REPORT - IIRA and DS Assess the Pulse of OIC Capital Markets

Manama, August 31, 2010

The Islamic International Rating Agency, Bahrain and Dinar Standard, USA have joined hands together to release a research report on the Pulse of the OIC (Organization of Islamic Conference member countries) Islamic Capital Markets.