GUIDE February 2014 editor’s note Editor’s Note Managing Lauren Mcaughtry Editor
[email protected] Contributions Sasikala Thiagaraja Editor
[email protected] In this edition of the Islamic Finance news Guide 2014 we bring our valued News Editor Nabilah Annuar
[email protected] readers a comprehensive summary of the peaks and troughs following an eventful year for the industry. Senior Journalist & Vineeta Tan Copy Editor
[email protected] Over the year we have witnessed the rise (and fall!) of new markets such as Turkey, Journalist Rebecca Simmonds Indonesia and North Africa. We have seen a slight slump in Sukuk as Fed tapering
[email protected] hit, but a concurrent surge in Islamic equities which has boosted emerging markets and given the fund space a much-needed shot in the arm. Contributing Ellina Badri Editor
[email protected] We have seen landmark issuances in the debt capital markets such as the IILM Correspondents Kamal Bairamov, Shabbir Kazmi, Shirene Shan Sukuk, which should go a long way towards providing the industry with the tools it so desperately needs to self-regulate its liquidity; while new issuances from entrants Production Hasnani Aspari Manager
[email protected] such as Nigeria demonstrate the ever-strengthening scale of the industry. Production Norzabidi Abdullah While the core markets of the GCC and Southeast Asia remain strong, Islamic Editor
[email protected] finance is escalating into every corner of the globe. The UK this year announced Graphic Eumir Shazwan Kamal Bahrin its debut sovereign Sukuk and other non-Muslim majority markets including Designer
[email protected] Luxembourg, South Africa and Hong Kong may soon follow.