Season 4, Episode 9: The potential of Islamic finance
In the ninth episode of season 4 of the Compliance Clarified podcast, Susannah Hammond is joined by Lindsey Rogerson to take a look at look at all things Islamic finance. Not every financial services firm is going to choose to consider Islamic finance as a strategic opportunity, but it is an area with substantial global potential both in terms of growth and in its ‘green’ credentials. It is also one in which risk and compliance functions would be required to play a critical role. Links to content referenced in the discussion: Link to TRRI Islamic finance quarterly roundup: Q4 2021 https://www.linkedin.com/posts/susannahhammond_islamic-finance-quarterly-update-q4-2021-activity-6912316840622891008-ByB-?utm_source=linkedin_share&utm_medium=member_desktop_web Link to UK Islamic Finance Council and UN Development Programmes joint paper on Innovation in Islamic Finance: green sukuk for SDGs https://www.ukifc.com/wp-content/uploads/2021/09/UKIFC21_Green_Sukuk_v1-2_20210927.pdf Link to House of Commons briefing paper on Islamic alternative to student loans https://commonslibrary.parliament.uk/sharia-compliant-alternative-student-finance/ Link to Fitch article on Garuda Airlines sukuk default https://www.fitchratings.com/research/corporate-finance/garuda-airlines-sukuk-default-resolution-could-set-precedent-in-indonesia-06-07-2021 Further information on Thomson Reuters Regulatory Intelligence can be found at: https://legal.thomsonreuters.com/en/products/regulatory-intelligence?elqTrackId=73370082102a4669b4d34524158b501c&elqaid=3945&elqat=2