Cryptocurrencies have had their fair share of controversies – but commend or criticize, they have already had a tremendous impact on the global banking and finance space. As central banks worldwide mull minting their own virtual currencies, the market is hitting the mainstream – and the Islamic finance industry is getting its own skin in the game, as detailed in this week’s cover story. With the largest initial coin offering the world has ever seen being Shariah compliant, could the Islamic finance community cash in on the digital coin revolution?
The IFN Editorial Team this week also explores how change is imminent in the UAE Takaful sector as new regulatory reforms promise to shake up the industry and investigates what is the cause for a global plunge in the number of Islamic banking employees. We have first-hand insights into Al Baraka’s momentous maiden Sukuk deal and exclusive features on Islamic fintech developments in the US and Islamic asset management in the UK as well as real estate investments in Luxembourg. Read about the burgeoning Islamic private banking and wealth management industry in our contribution as well as analytical pieces and keep up to date on how the Saudi Islamic finance market is progressing since Vision 2030 was announced.
As usual, we wish our readers an insightful and informative read.