Posted by: ISLAMIC FINANCE SRI LANKA on: August 31, 2009
31st August 2009
Islamic finance has to be looked at in the context of attracting new investments while not harming governments’ revenue streams, a promoter said.
Darshan Bijur (42) who heads KPMG U.K.’s Islamic Finance Department told The Sunday Leader that having enabling legislation to promote Islamic Finance unleashes the potential to dip into a U.S.$ one [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: August 31, 2009
31st August 2009
Sukuk certificates to attract Muslim millions for post-war development
By Dilshani Samaraweera
Sri Lanka has been urged to use Sukuk, (Islamic financial certificates), to channel millions of dollars of Muslim community funds into post-war development projects. According to market estimates, funds worth US$ 150 million are in circulation, in the form of informal arrangements, among [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: August 28, 2009
27th August 2009
Sukuk: alternative finance the way forward?
By Cheranka Mendis
Every dark cloud has a silver lining, and so did the global meltdown. In the teeth of the crisis, Sri Lanka has gone to learn two key factors which could revitalise the system and bring about sound development and growth in the financial structure of the [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: August 3, 2009
03rd August 2009
One-day conference on Sukuk: Alternative Financing in Sri Lanka,
has been organised by Ram Ratings (Lanka) Limited. The Seminar will be
held on 25th August 2009 at Hilton Colombo.
The Governor of the Central Bank of Sri Lanka, Mr. Ajith Nivard Cabraal will be the Chief Guest and
Mr. Udayasiri Kariyawasam, Chairman of the Securities & Exchange Commission
of [...]
