Commercial and investment banking and the international credit and capital markets: a guide to the global finance industry and its governance

2013 ◽  
Vol 50 (08) ◽  
pp. 50-4566-50-4566
Keyword(s):  
Capital Markets ◽  
Investment Banking ◽  
Global Finance ◽  
Finance Industry ◽  
International Credit

Part I Introduction, 1 Status of the Global Islamic Finance Industry

2020 ◽  
Author(s):  
Warde Ibrahim
Keyword(s):  
Financial Institutions ◽  
Significant Role ◽  
Islamic Finance ◽  
Trial And Error ◽  
Global Finance ◽  
Finance Industry ◽  
Complex Process ◽  
Islamic Financial Institutions ◽  
Political Economic

This introductory chapter provides an overview of Islamic finance. Modern Islamic finance did not come out of nowhere. It appeared as the result of specific historical circumstances in the 1970s, and later evolved through a complex process of trial-and-error. It was also shaped by broader competitive and political–economic factors. Although religion was by definition central to Islamic finance, other variables—political, economic, social, cultural, and demographic—also played a significant role. No longer confined to the outer fringes of global finance, Islamic finance has also gone mainstream. Most major financial institutions are now involved in one way or another in Islamic finance, as are global consulting, accounting, and information companies. Within the Islamic world, Islamic financial institutions have become major economic players.

Cheap oil will increase Middle East debt issuances

2016 ◽  
Keyword(s):  
Middle East ◽  
North Africa ◽  
Capital Markets ◽  
Banking Industry ◽  
Corporate Bonds ◽  
Investment Banking ◽  
Short Term ◽  
Investment Bank ◽  
Content Type ◽  
Financial Holding

Significance This, with his recently acquired Beltone Financial Holding SAE, will create Egypt's second largest investment bank. Yet the profitability of the Middle East and North Africa (MENA) for the investment banking industry is unlikely to rise in the short term. Impacts Demand for Middle East bonds in 2016 will decline compared to 2014 and the first half of 2015. Yields will increase and issue size will decline, particularly for the weaker Gulf economies, Bahrain and Oman. This will reduce investors' interest in corporate bonds, which will mean more companies may cancel issues. In North Africa, lacklustre capital markets will not see enough reform to generate a recovery there.

Development, Growth and Challenges of Islamic Capital Markets: Comparative Insights from the Malaysian, Indonesian, United Arab Emirates and Brunei Markets

2013 ◽  
Vol 1 (3) ◽  
pp. 100 ◽  
Author(s):  
Syed Faiq Najeeb ◽  
Mirza Vejzagic
Keyword(s):  
United Arab Emirates ◽  
Capital Markets ◽  
Islamic Finance ◽  
Local Authorities ◽  
Muslim Population ◽  
Finance Industry ◽  
Societal Welfare ◽  
Significant Interest ◽  
Current Growth ◽  
Future Plans

Despite initiatives and discussions in many countries to introduce Islamic capital markets, the share of non-banking assets in the global Islamic finance industry remains small. Islamic banking continues to dominate the Islamic finance portfolio with a gigantic 80.9% contribution towards the total Islamic finance assets as at year end 2011. Based on such statistical reality, one may wonder, what are the current growth and development trends of Islamic Capital Markets (ICMs)? To this end, this paper assesses the development, growth and challenges of Islamic Capital Markets in Malaysia, Indonesia, United Arab Emirates, and Brunei and critically analyses the fundamental factors that contribute towards the liquidity, volume and trends of the Islamic Capital Markets in these countries. Using Malaysia as a benchmark, this paper provides a comparative analysis on the performance of the various sectors of Islamic capital markets such as equity markets, debt markets, fund management markets, liquidity markets, etc. amongst the four sample countries. In addition, the paper examines the local authorities? initiatives? and future plans for firmly establishing Islamic Capital Markets in their jurisdictions and further recommends potential policies that could be introduced to maximize economic gains and societal welfare from Islamic Capital Markets for the Muslim population in general. Overall, the findings from the paper are expected to attract significant interest from Islamic finance stakeholders, in particular to understand how local authorities and other players could possibly be instrumental in shaping the development of Islamic Capital Markets.

Is Islamic Finance, Social Finance?

2014 ◽  
Vol 2 (2) ◽  
pp. 1 ◽  
Author(s):  
Saadiah Mohamad
Keyword(s):  
Socially Responsible Investment ◽  
Islamic Finance ◽  
Global Finance ◽  
Socially Responsible ◽  
Ethical Business ◽  
Responsible Investment ◽  
Finance Industry ◽  
Unethical Practices ◽  
Business Sectors

Developments in Islamic Finance and Social Finance and illustrate an increasing interest globally to look at alternative ways of financing and creating value in the society. Islamic Finance and Social Finance are emerging disciplines that challenge and influence the global finance industry and both have similar mandates in terms of their emphasis in ethical business and investment. Islamic Finance is governed by the rules of the shariah that prohibits riba or interest and gharar (uncertainty), sinful business sectors such as pornography and alcohol and unethical practices such as exessive speculation and gambling. These forms of restrictions are similar to the negative screening methodology adopted by the socially responsible investment or SRI which is a rising component of Social Finance.

scholarly journals Establishing HR Professionals’ Influence and Credibility: Lessons from the Capital Markets and Investment Banking Sector

2014 ◽  
Vol 54 (1) ◽  
pp. 105-130 ◽  
Author(s):  
Paul Aldrich ◽  
Graham Dietz ◽  
Timothy Clark ◽  
Peter Hamilton
Keyword(s):  
Capital Markets ◽  
Banking Sector ◽  
Investment Banking

Transformation of banking reconsidered: how feasible is ‘de-financialisation’?

2019 ◽  
Vol 43 (4) ◽  
pp. 1053-1071 ◽  
Author(s):  
Robert Sweeney
Keyword(s):  
Financial Markets ◽  
Capital Markets ◽  
Asset Management ◽  
Banking System ◽  
Investment Banking ◽  
Financial Service ◽  
The Other ◽  
The One ◽  
Neoliberal Restructuring ◽  
Derivatives Markets

AbstractA defining feature of financialisation has been the transformation of banking, especially the expansion of investment banking. This article argues that the financialisation literature has, to date, failed to adequately explain this transformation. Neither disintermediation processes on the one hand, nor liberalisation of financial service activities on the other hand can explain the increase in scale and scope of the sector. The growth in investment banking activities should instead be seen in terms of the overall expansion of financial markets. In particular, demographic pressures and neoliberal restructuring have led to the growth of capital markets and modern asset management. The rise of capital markets and asset management, and the associated growth of money and derivatives markets have, in turn, put pressures on the banking system for expanded investment services, which it has met. Understanding financialisation as a structural change implies limits on how much economies can be ‘de-financialised’.

scholarly journals TRADING IMPLEMENTATION IN INDONESIA STOCK EXCHANGE, PALEMBANG BRANCH OFFICE ACCORDING TO THE SHARI’AH LAW AND BUSINESS

1970 ◽  
Vol 20 (2) ◽  
pp. 287-294
Author(s):  
Romziatussaadah Romziatussaadah
Keyword(s):  
Capital Markets ◽  
Capital Market ◽  
Stock Exchange ◽  
Muslim Country ◽  
Financial Industry ◽  
Literature Study ◽  
Significant Growth ◽  
Finance Industry ◽  
Branch Office ◽  
The Capital Market

As the largest Muslim country in the world, Indonesia is a potential market in the development of the Islamic finance industry. Investment in the capital market, which is part of the Islamic financial industry, has an important role in increasing the market share of the financial industry in Indonesia. Although the development is relatively new compared to sharia banking and sharia insurance, along with the significant growth of the Indonesian capital market industry, it is expected that sharia investment in the Indonesian capital market will experience significant growth. This study aims to explain the trading mechanism on the Indonesian stock exchange that involves Islamic stocks and to find out a review of sharia law and business in the implementation of these trades / transactions. This study uses a normative juridical approach. This research was conducted in Palembang by taking the object on the Indonesia Stock Exchange. Data obtained from in-depth interviews, literature study, and observation. Qualitative analysis can be interpreted as an explanation and interpretation in a logical, systematic and consistent manner. In connection with this, the techniques used and the nature of the data obtained from the results of their collection, can be analyzed using taxonomic analysis. This study concludes that 1) the capital market in Indonesia is categorized into two, namely a) conventional capital markets and b) Islamic capital markets; 2) The regulation regarding the Sharia capital market is so complete by the capital market in Indonesia. Starting from the Capital Market Law, the DSN MUI and BAPEPAM fatwas; and 3) The operational mechanism of the Sharia Stock Exchange has been clearly implemented and regulated in these regulations. So that capital market players already understand things that are appropriate and not in accordance with Sharia.

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