Islamic finance series: ‘SRI and green sukuk”. Michael Grifferty, President of the Gulf Bond and Sukuk Association, and Maya Marissa Malek, Managing Director of Amanie Advisors Global Office, join Kat Usita from OMFIF in a discussion about socially responsible investments and green sukuk. This episode draws attention to a unique intersection between green and Islamic finance: green sukuk, a product still in its nascent stage but with the potential to take off once market awareness increases.
Islamic finance series: ‘Islamic fintech: part 2’. Abdul Haseeb Basit, co-founder and principal of Elipses, and Umer Suleman, head of governance and Islamic finance at Yielders, speak to Oliver Thew of OMFIF. They examine the global Islamic fintech market, including the factors driving growth and competition to become the global Islamic fintech hub, as well as the benefits for non-Islamic financial services.
In Conversation: Daniel Hardy, head of the monetary and capital markets department at the International Monetary Fund, speaks to Mark Sobel, OMFIF’s US chairman. They discuss the key findings of the IMF’s Financial Sector Assessment Program for the euro area, focusing on progress in banking union and supranational regulatory supervision, the crisis management and preparedness framework, and the health of European banks.
Islamic finance series: ‘Islamic fintech: part 1’. Abdul Haseeb Basit, co-founder and principal of Elipses, and Umer Suleman, head of governance and Islamic finance at Yielders, speak to Oliver Thew of OMFIF. They provide an overview of Islamic fintech, including some of the key definitions and the ethical principles that underpin different products and services.
Islamic finance series: ‘Introduction to Islamic finance’. Faizal Karbani, founder and chief executive of Simply Ethical, a financial services firm focusing on the provision of sharia-compliant products, speaks to Marcin Stepan from OMFIF. This episode gives an overview of the Islamic finance market, taking into account its growth and development across the globe in recent decades. The discussion focuses on the principles behind Islamic finance, the key drivers of growth, Islamic banking models, the increased popularity of sukuk and the impact of technological innovation.
In Conversation: Daniel Glaser, a principal with the Financial Integrity Network and former assistant secretary for terrorist financing and financial crimes at the US Treasury, talks to Mark Sobel, OMFIF’s US chairman. They discuss the development of the international community’s approach to money laundering and terrorist financing, the use of US financial sanctions for strategic policy goals, and the role of the dollar as the primary international reserve currency.
Financial stability series: ‘Winners and losers from the global bull market: A focus on inequality’. Greg Medcraft, director of the Organisation for Economic Co-operation and Development’s directorate for financial and enterprise affairs, speaks to Sofia Melis from OMFIF. They discuss the difference between income and wealth inequality, their impact on financial stability, and how financial literacy and consumer regulation, trust and blockchain-based financial products can support inclusive growth.
Rein de Loor, programmes manager, Americas at OMFIF, speaks with Ricardo Reis, the AW Phillips professor of economics at the London School of Economics and academic consultant at the Bank of England and US Federal Reserve. They discuss the Fed’s recent rate decisions, macroeconomic developments in the US, and the use of quantitative easing over the past decade.
Financial stability series: 'Assessing risks to global financial stability'. Fabio Natalucci, deputy director of the monetary and capital markets department at the International Monetary Fund, speaks to Danae Kyriakopoulou, OMFIF’s chief economist and head of research. They discuss the findings of the IMF’s latest Global Financial Stability Report, focusing on the Fund’s framework for analysing current economic and financial conditions and their impact on financial risks. They also speak about risks emanating from the tightening of monetary policy globally, disruptions in the global trade system, and political uncertainty.
OMFIF Focus Podcast – Financial stability series: ‘Dynamics driving the next financial crisis’. David Lubin, managing director and head of emerging market economics at Citi and author of Dance of the Trillions, and Desmond Lachman, resident fellow at the American Enterprise Institute and a former deputy director at the International Monetary Fund, talk to Ben Robinson, OMFIF deputy head of research. Topics include the effects of divergent global monetary and fiscal policies, risks of a trade war and reignition of the euro crisis. Emerging market fragilities and the growth of credit in China, exchange rate dynamics and internationalisation of the renminbi are also discussed. Lubin’s book is available here.