The Islamic financial services (IFS) industry has grown increasingly popular in recent years, with worldwide assets totalling $1.8trn in 2012 and forecast to top $2trn by the end of 2014. Having already established a reputation as a leading regional financial centre with abundant liquidity, Dubai has emerged as a major beneficiary of the IFS growth story. Sharia-compliant project financing,...
Chapter | Islamic Financial Services from The Report: Dubai 2014
Chapter | Capital Markets from The Report: Dubai 2014
Driven by enhanced liquidity in the banking sector, rising property prices and an overall improvement in the domestic economy, Dubai’s capital markets began 2013 in full recovery mode. The Dubai Financial Market is a largely retail market at present, but it is preparing for a surge in institutional trading activity and an influx of foreign investment as a result of the MSCI index upgrade to “...
Articles & Analysis | Zenith Bank: Banking from The Report: Nigeria 2013
THE COMPANY: Zenith Bank is one of Nigeria’s largest banks by Tier 1 capital and shareholder funding, offering diverse operations in the financial sector. Beyond Nigeria, the bank also has subsidiaries and branches in The Gambia, Ghana, Sierra Leone, South Africa and the UK. In 2012 the bank was named the...