The global Islamic finance market is growing moderately, because of the strong investments in the Halal sector, infrastructure, and Sukuk bonds. In 2018, Brunei hosted the Brunei Islamic Capital Market (BICAM) Conference, at the Rizqun International Hotel where more than a dozen international experts in Islamic finance met, deliberated and raised awareness on growing Islamic capital markets.
In October last year, Brunei hosted the Brunei Islamic Capital Market (BICAM) Conference 2018, at the Rizqun International Hotel where more than a dozen international experts in Islamic finance met, deliberated and raised awareness on growing Islamic capital markets.
This coming week, Brunei will be hosting the Brunei Islamic Capital Market (BICAM) Conference 2018, its first Islamic Capital Market Conference at the Rizqun International Hotel where more than a dozen international experts in Islamic finance are expected to meet, deliberate and raise awareness on growing Islamic capital markets.
In 1990, energy joint venture firm Shell MDS issued the first corporate sukuk in Malaysia worth an estimated US$30-35 million at the time and since then, the country has not turned back. The Association of Southeast Asian Nations (ASEAN) member remains at the forefront of the global sukuk market till today.What is a sukuk?Sukuks represent certificates of equal value and act as an evidence of a Shariah-compliant investment that’s endorsed by the Shariah Advisory Council.
Islam has had firm roots in Southeast Asian history – from the Arabian who traded at the ports of Melaka, the Sufi mystics who spread their influence in Aceh and now, through developments in Islamic finance and banking.What is Islamic finance?While not exclusive to Muslims, Islamic finance offers an alternative to its Western alternatives and is regarded as scrupulous by those who use it.
