Volume: 1 Issue: 11
(August 2007)
Keywords:
islamic finance
islamic e-finance
islamic insurance
financial services authority
akbar merchant
ric martin
kennedys
shariah law
shariah
Authors:
akbar merchant
ric martin
Organisations:
financial services authority
kennedys
Jurisdictions:
uk
global
middle east
Britain, and London in particular, is in a position to become a world-leader in Islamic finance, due to its reputation as a well-regulated financial centre, which recently prompted British Islamic Insurance Holdings' application to be regulated by the Financial Services Authority. Akbar Merchant and Ric Martin, of Kennedys, explain the Shariah law principles that govern Islamic finance, focusing on their implications for e-finance and e-payments.
Q&A: Marc Brûlé discusses the Canadian Royal Mint's MintChip project
Q&A: FinCEN and virtual currencies: the coming of clarity and ambiguity Q&A: Tony Anderson, Partner at Pinsent Masons, on the new regulator for the UK payments systems sector Q&A: O2's move into mobile commerce Q&A: Sarah Carter, General Manager, Social Business, at Actiance, about banks on social media Interview with Joseph I. Rosenbaum, Partner at Reed Smith LLP, on mobile payments & financial institutions