The Financial Times has posted its May 5th special report on Islamic finance. The article on Sharia boards lists the leading scholars on the Sharia boards from Bahrain, Pakistan, Saudi Arabia, and UAE. Registration may be required.
http://www.ft.com/reports/islamic-finance-2009
Articles available in the report:
Credit crunch may test industry beliefs
The industry has held up well so far in the crisis but is unlikely to remain insulated, reports Robin WigglesworthRegulation: Further development needs a common rule-book
More standardised products would let the industry go global, writes Simeon KerrIslamic Banks: Real estate exposure may be largest threat
And in theory depositors must share any losses, notes Robin WigglesworthSukuk market: Credit freeze victim shows signs of a thaw
An increase in conventional bond deals could help restart transactions, reports David OakleyInnovation: Downturn temporarily blunts inventiveness
Scholars are taking stock of products, reports Robin WigglesworthAsia: Malaysia aims to be hub for its region
However, it is facing increasing local competition, writes Andrew WoodSharia boards: Scholars hold sway over the success of products
A small coterie wields power, explains Robin WigglesworthWestern markets: France and the US vie for the UK’s crown
Shyamantha Asokan says London’s lead in the race to win clients is shrinkingGuest column: New world or false dawn?
Islamic finance faces challenges centred around the increased needs for standardisation and innovation in the industry, writes Mukhtar Hussain