Bisola Olusoga Chinelo Agom-Eze With 15% growth in the last decade, Islamic financing has found increased prominence across the globe and more recently in Africa. Nigeria, ranked among the top ten fastest growing economies with the largest Muslim population in Sub-Saharan Africa has the potential to become a leading Islamic finance market. Islamic finance may also provide an appropriate solution to the country's dearth of infrastructure finance.
Julian M Hashim Jeannie Goon Section 133A of the Companies Act 1965 (Companies Act) explicitly prohibits the provision of financial assistance to persons connected with the directors of a company, including an associated company. Paragraph 8.23 of the Bursa Malaysia Main Market Listing Requirements (MMLR) on the other hand provides that, except as otherwise provided under law and subject to certain pre-conditions, a public listed company or its non-listed subsidiaries may provide financial assistance in the form of advance, guarantee, indemnity or to provide collateral for a debt in favour of its associated company.
Davis Polk & Wardwell’s Annette L Nazareth and L Jeffrey T Dinwoodie explain how the CFTC’s new exemptive programme impacts global clearinghouses and swap market participants
IFLR's Project Finance Report 2015 offers jurisdictional analysis for sponsors raising funds, financiers willing to build project portfolios and the counsel advising them
