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Islamic finance articles

This section provides a variety of useful articles for our groundbreaking new CIMA qualifications in Islamic finance.

The potential for Islamic capital market instruments
Rodney Wilson, CIMA Islamic finance examiner, explores the potential for Islamic capital market instruments in a recent research paper. Read his article (PDF 57KB).

Goldman Sachs: genuine or Ribawi Sukuk in the making?
Paul Wouters, one of our partners from GMBC Indonesia, explores the issues of Sukuks in a recent article. Read his article (PDF 491KB).

Sukuk success
Islamic finance is spreading globally and product structures are evolving rapidly. Can the industry keep its unique identity amid all this change? Simon Watkins investigates.

CIMA and UPA sign MoU to introduce Islamic finance course 
CIMA has a memorandum of understanding (MoU) with the UCSI professional academy (UPA) in Malaysia to offer the CIMA certificate in Islamic finance as well as CIMA accounting courses at the academy.

The financing challenge
David Testa, CEO of Islamic finance group Gatehouse Bank, tells Nigel Ash about the opportunities that Shari’ah law can offer corporate finance, and how it can help leaders cope in a recession.

The future of finance
International Institute of Islamic Finance’s CEO Dr Mohd Daud Bakar tells Jim Banks that it is only a matter of time before Islamic finance becomes a prominent, global financial system. 

Islamic finance is coining it
Dr Mohd Daud Bakar explains how Islamic finance has continued to thrive even in the global recession. This article (PDF 131KB) first appeared in the South Africa Sunday Times on 17 January 2010.

Islamic finance in Europe
Rodney Wilson, an academic at Durham University and one of CIMA's CADIF examination moderators, investigates the attitudes towards Islam and the growth of Islamic finance as a thriving alternative to traditional finance practices.

The article ends with a view towards the future prospects of Islamic finance.

The development of Islamic finance in the GCC
In this article, Rodney Wilson, academic and a CADIF examination moderator presents his own research paper.

Rodney looks at the Kuwait programme on development, governance, and globalisation in the Gulf States. He investigates governmental policy and how the region's financial centres have facilitated the development of Islamic finance.