Investing In Gold: a Game Changer for Islamic Finance?
Mohammad Daud Bakar, founder and group chairman of Amanie Advisors, discusses gold as an asset class for Islamic finance, their reliance on commodities and the future of Islamic banking. He speaks to Bloomberg's Haslinda Amin on "Asia Edge" from the Global Islamic Finance Forum in Kuala Lumpur. (Source: Bloomberg)
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New Gold Standard for Islamic Finance
25:52 - Gold has become an acceptable investment in Islamic finance for the first time. That's after the Accounting and Auditing Organization for Islamic Financial Institutions adopted Shariah-compliant rules for trading the metal. Bloomberg's Tracy Alloway reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)