Bloomberg TV Special Report: What is Islamic Finance?

Bloomberg L.P. today announced that this weekend's edition of the BLOOMBERG TELEVISION(R) program Middle East Money Focus will be a special report on Islamic finance.

"Islamic finance is taking off," according to Bloomberg's Dareen Abughaida, host of Middle East Money Focus. "With the world's Muslim population at more than a billion, financial institutions are taking note, and taking action."

This weekend, Abughaida will take viewers into the expanding world of Islamic finance, reporting from Dubai with dispatches from Bloomberg's London bureau.

This special edition of the weekly Middle East Money Focus will feature reports explaining Islamic finance; sukuk, or Islamic bonds; Shariah, Islamic law governing investments; the Islamic financial hubs; and how global financial institutions are servicing the growing Islamic financial market. The weekend program will feature interviews with Dr. Omar Bin Sulaiman, Governor of Dubai International Financial Centre; Rushdi Siddiqui, Head of the Dow Jones Islamic Market Index Group; Per Larsson, Chief Executive Officer of Dubai International Financial Exchange; Michael Ainley, Head of Financial Institutions at the UK's Financial Services Authority (FSA); John Weguelin, Chief Executive Officer of European Islamic Bank; Ahmed Abbas, Chief Executive Officer of LMC, Bahrain; and Arul Kandasamy, head of Islamic Banking at Barclays Capital.

Via Juraforum, Events Quarterly, ITNews.