Islamic finance

View Financial Services by content type:

Latest Financial Services News

Featured Financial Services content

Practice notes
Chapter 4 of the Financial Conduct Authority's (FCA) Conduct of Business sourcebook (COBS 4) contains the conduct of business requirements for...
Read More >
9th Nov
Practice notes
This Practice Note looks at the regulated activity of accepting deposits (often referred to as deposit taking). Accepting deposits is a key hallmark...
Read More >
9th Nov
Practice notes
The Basel Committee on Banking Supervision (BCBS), consisting of the central banks of governors of the so-called G10 countries (Belgium, Canada,...
Read More >
Produced in partnership with Morrison & Foerster LLP 12th Jan
Practice notes
The role of the FCAThe Financial Conduct Authority (FCA) forms part of the regulatory structure for financial services firms. The FCA has a...
Read More >
9th Nov
Practice notes
This Practice Note looks at key aspects of consumer protection within the UK financial services regulatory system. The UK’s regulatory structure,...
Read More >
9th Nov
Practice notes
This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial Conduct Authority (FCA). The Principles form part of the...
Read More >
9th Nov
Practice notes
On 10 June 2015, the Fair and Effective Markets Review (FEMR) published its final report. Running to 106 pages, the report covers a wide range of...
Read More >
9th Nov
Practice notes
Recognised investment exchangesA recognised investment exchange (RIE) is a UK recognised body under Part XVIII of the Financial Services and Markets...
Read More >
9th Nov
Practice notes
Brexit: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...
Read More >
9th Nov
Practice notes
BREXIT: As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...
Read More >
9th Nov
Practice notes
BREXIT: The UK is leaving EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. To ensure...
Read More >
9th Nov
Practice notes
The debt sale and purchase market in the UKThe debt sale and purchase market has for some time been very active throughout the UK. It is an important...
Read More >
9th Nov
Practice notes
Brexit: As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...
Read More >
9th Nov
Practice notes
This Practice Note provides information relating to the impact of Brexit on the recast Markets in Financial Instruments Directive (Directive...
Read More >
9th Nov
Practice notes
This Practice Note provides an overview of the transaction reporting requirements that existed under the Markets in Financial Instruments Directive...
Read More >
9th Nov
Practice notes
Scope of this Practice NoteThere are several factors to consider when deciding whether or not a credit agreement is regulated under the regulatory...
Read More >
9th Nov

Most recent Islamic finance content

Practice notes
Updated September 2020IntroductionThe Business EnvironmentForming a CompanyFinancing a companyOpening a Branch officeOpening a bank accountUtilising...
Read More >
Produced in partnership with Amir Ahmad and Edward Ewart of Reed Smith LLP 21st Jan
Practice notes
Like their conventional counterparts, takaful operators (ie Islamic insurance providers) have a number of ways to distribute their Shari’ah compliant...
Read More >
Produced in partnership with Dr Hiba Allam, PhD in Islamic Insurance Law 17th Jan
Practice notes
When the murabaha structure was being developed for use in the UK, practitioners understood that the structure's novelty would produce a degree of...
Read More >
Produced in partnership with King & Spalding 17th Jan
Practice notes
Takaful is a means of providing risk-cover conducted in line with the principles of Islam. To understand the mechanics of takaful and its...
Read More >
Produced in partnership with Dr Hiba Allam, PhD in Islamic Insurance Law 17th Jan
Practice notes
Key elements of bai salamAs discussed in more detail in the Practice Note: The structure and required elements of a bai salam transaction, in...
Read More >
Produced in partnership with Trowers & Hamlins LLP 17th Jan
Practice notes
Introduction—transactional Islamic financeThere are a number of different opinions and principles iterated by Shari’ah board members when interpreting...
Read More >
Produced in partnership with Morgan, Lewis & Bockius LLP 17th Jan
Practice notes
A Shari’ah compliant leasing agreement takes the form of an ijarah which can either be akin to an operating lease, whereby the asset is returned to...
Read More >
Produced in partnership with Hogan Lovells International LLP 17th Jan
Practice notes
BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the...
Read More >
17th Jan
Practice notes
Shari’ah compliant or Islamic finance is a form of financing based on principles of and prohibitions under Shari’ah or Islamic law. These principles...
Read More >
17th Jan
Practice notes
This Practice Note provides an overview of the key considerations that an Obligor should take into account in selecting an appropriate structure for...
Read More >
Produced in partnership with Dentons LLP 17th Jan
Practice notes
This Practice Note sets out the key differences between conventional bonds and sukuk, or trust certificates as they are otherwise known, (the Sukuk)....
Read More >
Produced in partnership with Dentons LLP 8th Jan
Practice notes
Introduction to musharaka—a profit and loss sharing instrument of Islamic financeA fundamental principle of Islamic finance is that of ‘no profit...
Read More >
Produced in partnership with Morgan, Lewis & Bockius LLP 8th Jan
Practice notes
Murabaha is both one of the most widely used and controversial Islamic finance techniques. Murabaha (often referred to as ‘cost plus profit...
Read More >
Produced in partnership with King & Spalding 8th Jan
Practice notes
Takaful is the provision of risk-cover conducted in line with the principles of Islamic law (Shari’ah). It offers a unique and important alternative...
Read More >
Produced in partnership with Dr Hiba Allam, PhD in Islamic Insurance Law 8th Jan
Practice notes
Key features•This is a form of project finance used to fund the manufacturing of goods or assets that are not yet in existence. It is most commonly...
Read More >
24th Dec
Practice notes
Key features•This structure is also known as a forward sale agreement and involves the Islamic Financial Institution (IFI) purchasing goods on behalf...
Read More >
24th Dec
Practice notes
BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the...
Read More >
23rd Dec
Practice notes
Jurisdictions coveredThe following jurisdictions are covered in this report:France; Japan; Malaysia; Philippines; Switzerland; United Kingdom; USA;...
Read More >
7th Dec
Practice notes
The Islamic finance glossary pulls together key definitions and acronyms for terms commonly used in the Islamic finance industry and in Islamic...
Read More >
25th Nov
Practice notes
This Practice Note provides a high-level overview of the key standard setters and participants in the Islamic finance industry and their respective...
Read More >
25th Nov

Popular documents