The first of five parts of a Global Finance FAQ web series on Islamic finance. In just a few decades, Islamic finance has established itself as a significant player in global finance. Today, with thousands of institutions around the world, this sector is no longer limited to the devout clientele of Muslim countries in the … Read more
Home Features Islamic Finance FAQ: A Global Finance Series Islamic finance is a fast-growing $3.9 trillion industry, yet many finance professionals do not know halal from haram. Global Finance answers the most frequently asked questions about Islamic finance in this five-part series. Top 5 FAQs: 1. What Is Islamic Finance? 2. How Does Islamic Finance … Read more
Mid-tier accounting firms have found new paths to finance their growing needs. Last November, US accounting firm Forvis purchased the US unit of French Mazars to create a robust audit and advisory network. A few months earlier, BDO turned to an employee stock ownership plan to foster employee recruitment. Earlier this year, Chicago-based Grant Thornton … Read more
The third installment of a Global Finance FAQ web series on Islamic finance. Islamic finance is today a $3.9 trillion industry spread over more than 80 countries with the bulk of it concentrated in very few markets. Comparing data from different sources shows that just 10 countries account for almost 95% of the world’s sharia … Read more