After several years of rapid growth, shariah-compliant asset management is facing the first serious test of its young life, as it struggles to diversify from equity and property into new areas, writes Eva-Luise Schwarz.
The movement to bring together cash management and trade finance capabilities is gaining momentum. For banks it’s a means of improving client relationships. For corporates, it holds the promise of greater control over working capital. emeafinance brought together heads of trade finance and transaction banking from leading institutions to discuss how the cash and trade concept is being applied.