Al Rayan Bank, a Shariah compliant lender, recently announced the first transactions of its kind in the UK regarding Islamic leasing by setting out a mandate for other financialinstitutions to raise GBP250 million (US$346.79 million) through Islamic bonds via residential mortgages that rely heavily on Islamic leasing. It’s another example of Islamic leasingbranching out and…

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It was a great start to the new year with Pakistan Mercantile Exchange and Dubai Financial Market respectively rolling out an electronic Murabahah transaction and some new Murabahah measures, with the hope of increasing their Islamic finance markets and leasing opportunities. Similar types of Islamic financial tools have been recommended for short-term purchases in North…

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