Best Islamic Financial Firms 2012

LANDMARK YEAR   By Anita Hawser   Last year was a landmark year for Islamic finance—innovative new products were launched and new markets opened up that few would have considered likely candidates just a few years ago.   These trends ...

Country Report: Kuwait

LONG-TERM VISION   By Justin Keay   Kuwait’s development in recent years has been driven by the state, with little FDI. However, upcoming elections promise a new government that could improve the business climate for foreign investors.   When protesters ...

EM Regional Review: Middle East

    THE ARAB SPRING’S COSTS AND CONSEQUENCES   By Gordon Platt Countries in the region are evaluating the economic outcome of social and political upheaval—both the opportunities and the challenges.   Commercial International Bank, Egypt’s largest private sector bank, ...

Special Report: Islamic Finance In Asia

MALAYSIAN DOMINANCE PUT TO THE TEST By Anita Hawser Long the leading force in Asia-Pacific’s Islamic finance industry, Malaysia is facing growing regional competition. Anyone that does business or invests in Asia-Pacific will tell you that, as tempting as it ...

GCC: Big Changes Loom

GCC REGIONAL REPORT: MARKING A MILESTONE By Gordon Platt The regional group faces new challenges as it celebrates its 30th anniversary. The Gulf Cooperation Council (GCC) celebrated its 30th anniversary on May 25 with quiet flag-raising ceremonies at border crossings ...

GCC: Banks Remain Reluctant To Lend

GCC REGIONAL REPORT: BACK FROM THE BRINK By Gordon Platt Upheaval in the region and beyond is encouraging banks to bolster their balance sheets before launching any aggressive lending programs. Banks in the GCC have recovered from the global financial ...

ME: Lebanon’s Future Uncertain

EMERGING MARKETS ROUNDUP: MIDDLE EAST by Gordon Platt After five months of political wrangling, Lebanon’s prime minister Najib Mikati on June 13 announced a new government led by the Shiite Hezbollah movement, giving Syria and Iran renewed influence in the ...