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	<title>ozrisk.net &#187; Islamic Banking</title>
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	<description>Risk Management in Australia</description>
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		<title>ozrisk.net &#187; Islamic Banking</title>
		<link>http://ozrisk.net</link>
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		<title>Islamic Finance in Australia &#8211; Update</title>
		<link>http://ozrisk.net/2010/02/13/islamic-finance-in-australia-update/</link>
		<comments>http://ozrisk.net/2010/02/13/islamic-finance-in-australia-update/#comments</comments>
		<pubDate>Sat, 13 Feb 2010 01:52:47 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[Austrade]]></category>

		<guid isPermaLink="false">http://ozrisk.net/?p=840</guid>
		<description><![CDATA[Following the publication of a document on Islamic Finance (IF) by Austrade this week, perhaps we may get something serious in the way of development of this area in Australia.
Interestingly, the Trade Minister, in releasing the document, announced the release of a new product by Westpac &#8211; I wonder when Westpac will get around to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=840&subd=ozrisk&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2010/02/13/islamic-finance-in-australia-update/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>In Kuala Lumpur</title>
		<link>http://ozrisk.net/2009/08/25/in-kuala-lumpur/</link>
		<comments>http://ozrisk.net/2009/08/25/in-kuala-lumpur/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 10:19:33 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Of Interest]]></category>

		<guid isPermaLink="false">http://ozrisk.net/?p=692</guid>
		<description><![CDATA[I&#8217;m in KL on a job for a few days, which is why things have been fairly slow around here.
It&#8217;s always good to get out for a few days for a reminder that there are always differing ways to do the same thing. I can&#8217;t really say why I am here, so I will just [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=692&subd=ozrisk&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>NAB to Introduce Islamic Finance?</title>
		<link>http://ozrisk.net/2009/07/01/nab-to-introduce-islamic-finance/</link>
		<comments>http://ozrisk.net/2009/07/01/nab-to-introduce-islamic-finance/#comments</comments>
		<pubDate>Wed, 01 Jul 2009 03:30:23 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Banks]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>

		<guid isPermaLink="false">http://ozrisk.net/?p=645</guid>
		<description><![CDATA[The article in the Australian Financial Review today (page 59) saying the NAB may be serious about IF is a touch premature. That said, there is some hope.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=645&subd=ozrisk&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>Sharia in Western Law?</title>
		<link>http://ozrisk.net/2008/02/08/sharia-in-western-law/</link>
		<comments>http://ozrisk.net/2008/02/08/sharia-in-western-law/#comments</comments>
		<pubDate>Fri, 08 Feb 2008 01:10:10 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Banking Theory]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Opinion]]></category>
		<category><![CDATA[Sharia]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/?p=292</guid>
		<description><![CDATA[The speech given yesterday by the Archbishop of Canterbury is interesting &#8211; to say the least. He goes in great depth into many of the issues confronted by those trying to give some effect to Sharia in Western jurisdictions. For those interested in the area a close read is worthwhile. While his focus, given his [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=292&subd=ozrisk&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>BIS General Manager on Islamic Finance</title>
		<link>http://ozrisk.net/2007/12/11/bis-general-manager-on-islamic-finance/</link>
		<comments>http://ozrisk.net/2007/12/11/bis-general-manager-on-islamic-finance/#comments</comments>
		<pubDate>Tue, 11 Dec 2007 01:26:56 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[BIS]]></category>
		<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Regulators]]></category>
		<category><![CDATA[Risk Management]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/12/11/bis-general-manager-on-islamic-finance/</guid>
		<description><![CDATA[Malcolm Knight, General Manager of the Bank of International Settlements, gave a speech last Thursday to the 2nd Islamic Financial Services Board Forum, outlining how the IFSB, the BIS and the BCBS are working together on developing the institutional framework for the globalisation of Islamic Finance. He emphasises the areas the conventional and Islamic finance [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=267&subd=ozrisk&ref=&feed=1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>Islamic Funds Conference</title>
		<link>http://ozrisk.net/2007/05/26/islamic-funds-conference/</link>
		<comments>http://ozrisk.net/2007/05/26/islamic-funds-conference/#comments</comments>
		<pubDate>Sat, 26 May 2007 10:46:55 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Retail Banking]]></category>

		<guid isPermaLink="false">http://ozrisk.net/2007/05/26/islamic-funds-conference/</guid>
		<description><![CDATA[I am in Bahrain for the (rather long named) World Islamic Funds Management and Capital Markets Conference. This morning we had the opening &#8220;Executive Summary&#8221; to set the scene. They touched on a few points I hope will be expanded over the next couple of days, but one point in particular I thought important.
From the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=187&subd=ozrisk&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<item>
		<title>Opportunities Down Under: Islamic Finance In Australia</title>
		<link>http://ozrisk.net/2007/05/02/opportunities-down-under-islamic-finance-in-australia/</link>
		<comments>http://ozrisk.net/2007/05/02/opportunities-down-under-islamic-finance-in-australia/#comments</comments>
		<pubDate>Wed, 02 May 2007 10:06:46 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Regulators]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/05/02/opportunities-down-under-islamic-finance-in-australia/</guid>
		<description><![CDATA[This is a reprint of an article published in Business Islamica Magazine
Since the first large-scale Muslim migration to Australia occurred in the early 1970s, the Islamic community has grown from just a few thousand, concentrated in the suburbs of Melbourne, to become the second-largest religious group in Australia. Substantial migration to Australia was initially from [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=177&subd=ozrisk&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/05/02/opportunities-down-under-islamic-finance-in-australia/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<item>
		<title>Islamic Finance &#8211; Accounting Standards</title>
		<link>http://ozrisk.net/2007/01/30/islamic-finance-accounting-standards/</link>
		<comments>http://ozrisk.net/2007/01/30/islamic-finance-accounting-standards/#comments</comments>
		<pubDate>Tue, 30 Jan 2007 03:20:37 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2007/01/30/islamic-finance-accounting-standards/</guid>
		<description><![CDATA[It may seem prosaic, but one of the problems that &#8220;Western&#8221; banks have with Islamic financial structures is the question of how to account for them. Under interest-based banking it is an easy call. In most of the world, you apply IAS 39 (AASB 139 as it is called in Australia) and in the US [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=119&subd=ozrisk&ref=&feed=1" />]]></description>
		<wfw:commentRss>http://ozrisk.net/2007/01/30/islamic-finance-accounting-standards/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
		</media:content>
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		<item>
		<title>Islamic Mutual Funds</title>
		<link>http://ozrisk.net/2006/12/12/islamic-mutual-funds/</link>
		<comments>http://ozrisk.net/2006/12/12/islamic-mutual-funds/#comments</comments>
		<pubDate>Tue, 12 Dec 2006 06:57:05 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2006/12/12/islamic-mutual-funds/</guid>
		<description><![CDATA[Deutsche Bank has joined the lists of those launching Shari&#8217;a compliant products, launching a series of mutual funds. These include a precious metals fund and several equity funds. The pity is that these are currently restricted to UAE and Bahrain investors only.
Who&#8217;s next?
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=108&subd=ozrisk&ref=&feed=1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ozrisk</media:title>
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		<title>Islamic Financial Services &#8211; Current Developments</title>
		<link>http://ozrisk.net/2006/11/13/islamic-financial-services-current-developments/</link>
		<comments>http://ozrisk.net/2006/11/13/islamic-financial-services-current-developments/#comments</comments>
		<pubDate>Mon, 13 Nov 2006 02:04:00 +0000</pubDate>
		<dc:creator>pcully</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Bank Regulation]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Risk Management]]></category>

		<guid isPermaLink="false">http://ozrisk.wordpress.com/2006/11/13/islamic-financial-services-current-developments/</guid>
		<description><![CDATA[This is the last in this series. I hope you have found it useful and informative. 
Since the late 1990s the Islamic banking world has stepped up efforts to standardize regulation and supervision. The Islamic Development Bank is playing a role in developing internationally acceptable standards and procedures and strengthening the sector&#8217;s architecture in different countries. Several [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=ozrisk.net&blog=64886&post=95&subd=ozrisk&ref=&feed=1" />]]></description>
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		<slash:comments>4</slash:comments>
	
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			<media:title type="html">pcully</media:title>
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