The Middle East

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What are Abu Dhabi’s renewable energy generation goals, and how will these be met?

 

Abu Dhabi is a prominent player in Islamic finance and is active in markets for sharia-compliant debt; deposit, lending and investment schemes; and risk-management through takaful (Islamic insurance). Acting through the Abu Dhabi Global Market (ADGM), the emirate’s financial free zone, the sector has access to domestic as well as...

 

As a religion, Islam has no central authority, and Muslims have established multiple schools of thought. Islamic finance reflects this decentralised approach, as in the past it has been largely up to each individual financial institution to design products and services they believe are sharia compliant.

 

In April 2018 Sultan Al Jaber, UAE Minister of State and group CEO of Abu Dhabi National Oil Company (ADNOC), announced the launch of Abu Dhabi’s first competitive tender for partners to participate in the exploration and development of oil and gas.

 

In what ways can the standardisation of Islamic finance boost its overall attractiveness?

 

For decades, Abu Dhabi National Oil Company (ADNOC) has been a catalyst for growth and development, due to its oversight of the emirate’s vast hydrocarbons resources. This role is now being strengthened by the company’s in-country value (ICV) programme, which is designed to boost domestic product and service suppliers, create highly-skilled...

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