Financial Islam - Islamic Finance
  • Home
  • News
  • The Islamic law
    • Socio-economic Justice
    • The ownership of wealth
    • Prohibition of Riba, Maysir and Gharar
    • Zakah
  • Islamic Economics
    • Shareholding in Islam
    • Loans and debts in the Sharia'h
    • The Islamic Development Bank
  • Islamic Finance
    • Financial intermediation
    • Islamic accounting
    • Financial statements analysis
    • Regulation and Supervision
      • Shari’ah Boards
      • Operations within the conventional system
    • Islamic Commercial contracts
      • Relationship with central banks
      • Valid transactions
      • Mudarabah
      • Musharakah
      • Diminishing Musharakah
      • Murabahah
      • Salam
      • Istisna'a
      • Ijarah
      • Wakalah
      • Other contracts
  • Islamic Banking Operations
    • Starting an Islamic Bank
    • Commercial transactions
    • Deposits
    • Islamic credit cards
    • Fee-based services
    • Letter of Credit
    • Bank Guarantee
    • Modes of financing and investment
      • Ijarah financing
      • Musharakah and Mudarabah certificates
      • Diminishing Musharakah
      • Replacing interest-based lending
    • Capital Market Operations
      • Islamic Unit Trusts
      • Islamic Fund Structures
      • Investment screening
      • Islamic Market Indexes
      • Islamic ETF
      • Venture Capital
      • Foreign exchange
  • Sukuk
    • Sukuk structures
    • Controversy
    • Indexation of financial obligations
    • Risks underlying Sukuk
  • Takaful
    • Takaful Agreements
    • Takaful models
    • Areas of Takaful
    • General insurance
    • Life insurance
    • Reinsurance
    • Corporate Governance
  • Video Zone
  • Events Agenda 2016
    • Events Agenda 2015
    • Events Agenda 2014
    • Events Agenda 2013
    • Events Agenda 2012
    • Events Agenda 2011
    • Events Agenda 2010
  • Glossary
  • Contact
  • 404
  • Home
  • News
  • The Islamic law
    • Socio-economic Justice
    • The ownership of wealth
    • Prohibition of Riba, Maysir and Gharar
    • Zakah
  • Islamic Economics
    • Shareholding in Islam
    • Loans and debts in the Sharia'h
    • The Islamic Development Bank
  • Islamic Finance
    • Financial intermediation
    • Islamic accounting
    • Financial statements analysis
    • Regulation and Supervision
      • Shari’ah Boards
      • Operations within the conventional system
    • Islamic Commercial contracts
      • Relationship with central banks
      • Valid transactions
      • Mudarabah
      • Musharakah
      • Diminishing Musharakah
      • Murabahah
      • Salam
      • Istisna'a
      • Ijarah
      • Wakalah
      • Other contracts
  • Islamic Banking Operations
    • Starting an Islamic Bank
    • Commercial transactions
    • Deposits
    • Islamic credit cards
    • Fee-based services
    • Letter of Credit
    • Bank Guarantee
    • Modes of financing and investment
      • Ijarah financing
      • Musharakah and Mudarabah certificates
      • Diminishing Musharakah
      • Replacing interest-based lending
    • Capital Market Operations
      • Islamic Unit Trusts
      • Islamic Fund Structures
      • Investment screening
      • Islamic Market Indexes
      • Islamic ETF
      • Venture Capital
      • Foreign exchange
  • Sukuk
    • Sukuk structures
    • Controversy
    • Indexation of financial obligations
    • Risks underlying Sukuk
  • Takaful
    • Takaful Agreements
    • Takaful models
    • Areas of Takaful
    • General insurance
    • Life insurance
    • Reinsurance
    • Corporate Governance
  • Video Zone
  • Events Agenda 2016
    • Events Agenda 2015
    • Events Agenda 2014
    • Events Agenda 2013
    • Events Agenda 2012
    • Events Agenda 2011
    • Events Agenda 2010
  • Glossary
  • Contact
  • 404

Germany's first Islamic bank opens in Frankfurt

7/22/2015

3 Comments

 
Picture
Germany, home to 4 million Muslims, just got its first lender that adheres to Sharia law. Charging interest is prohibited, but some analysts see little difference to the way normal banks operate.

If, according to the Koran, trade is permitted but charging interest is the work of Satan, that would make most Western bankers more than a little devilish.


Read More
3 Comments

Germany launches first Islamic bank

3/23/2015

0 Comments

 
Picture
Chairman, Kuwait Finance House and Kuwait Turk Mr. Hamad Abdul-Mohsin Al-Marzouq announced the launch of the first subsidiary to provide full Shari’ah compliant banking services in Germany effective July.

Mr. Al-Marzouq added in a press release that the German economy is the main nerve of Europe’s economy and the largest. Establishing an Islamic bank in Germany copes with and reiterates the global interest in Islamic banking in which KFH occupies the headlines.


Read More
0 Comments

Islamic Finance can save the world

10/30/2013

1 Comment

 
Photo
The U.K. government's decision to issue a sukuk -- a bond that complies with Islamic Sharia law -- raises an interesting question: What if the U.K. and other non-Muslim countries switched fully to Islamic principles in finance?

I think the world might be a better place.


Read More
1 Comment

Germany's FWU issues rare asset-backed sukuk

10/7/2013

0 Comments

 
Photo
FWU Group, a Munich-based financial services company, has issued a $20 million five-year Islamic bond backed by insurance policies, a small but rare example of an asset-backed sukuk from a European firm.

FWU, which offers takaful (Islamic insurance) solutions, used a structure known as wakala. The sukuk is the first tranche of a $100 million programme rated BBB- by Fitch, and arranged by EIIB-Rasmala, a venture between London-based European Islamic Investment Bank and Dubai's Rasmala Group.


Read More
0 Comments

East outperforming West in Islamic finance

1/29/2013

0 Comments

 
Photo
While lenders in the United States and Europe have downsized their exposure in banking in compliance with Islamic law, Islamic financial institutions in Southeast Asia and the Middle East and Africa (MEA) region are taking over the initiative.

According to global consultancy Ernst and Young, worldwide investments done in line with Islamic law, known as Shari'ah, will reach 1.8 trillion U.S. dollars globally in 2013.


Read More
0 Comments

Largest ever Sukuk bond from a European company

12/14/2012

0 Comments

 
Photo
FWU AG Group, a Munich-based financial services company, recently issued a US$55,000,000 Sukuk – the first ever Sukuk issuance by a German corporate and the largest ever Sukuk from a European Corporate. This is also the first Sukuk to utilize a computer software programme and intellectual property rights under an Ijara structure.


Read More
0 Comments

First Islamic Bank to Be Opened in Germany Oct – Paper

9/1/2012

0 Comments

 
Photo
Turkey's Kuveyt Turk investment fund plans to open the first Islamic bank in Germany in October 2012, Financial Times Deutschland reported on Wednesday.

Kuveyt Turk plans to open its first branch, following the principles of sharia law, in Frankfurt-am-Main in cooperation with Ernst & Young auditing company and Norton Rose law firm.


Read More
0 Comments

Islamic banks need mergers to fill Western funding hole

2/24/2012

0 Comments

 
Picture
Small and medium-sized Islamic banks may need to merge if they want to become bigger regional players capable of filling the funding hole left by shrinking Western banks, the head of Islamic finance at Deutsche Bank, told Reuters.

"There are mismatch challenges," Salah Jaidah said on the sidelines of the Euromoney Islamic finance summit in London.

"Their size, their appetite for long term funding, their ability to finance at competitive pricing. I see this as a big challenge and not happening already now," he added.


Read More
0 Comments

Takaful emerging worldwide as a viable model

1/16/2012

0 Comments

 
Picture
Takaful that is an Islamic mode of insurance is emerging worldwide as a very viable model and being used successfully as engine of growth in a number of Muslim countries.

Pak-Qatar Takaful Chief Executive Officer, Pervaiz Ahmad stated this while speaking at the Lahore Chamber of Commerce and Industry (LCCI) on Saturday. He said that Islamic mode of Banking and all its tools are making place in Pakistan, when compared to conventional mode of banking, though it is a highly untapped market as yet.


Read More
0 Comments

Why German blushes could have been saved by a vibrant sukuk market

11/28/2011

0 Comments

 
Picture
Sovereign Germany might be disappointed that its recent Eurobond offering was not fully subscribed. Perhaps in hindsight, had it instead opted to issue a debut Eurosukuk for the same amount, the story might well have been different.

Sukuk issuers, whether conventional entities such as HSBC Middle East or Goldman Sachs (both of which tapped the sukuk market in 2011, or Islamic banks, agree that market conditions in the sukuk space is more favorable than in the conventional space. And this confidence and appetite for Sukuk is backed by rising demand from big institutional investors in the Middle East and Asia.


Read More
0 Comments
<<Previous
    /news.htmlPicture

    RSS Feed

Powered by Create your own unique website with customizable templates.
Photos used under Creative Commons from Ranoush., MUSHU", Dave_B_, Open.Michigan
  • Home
  • News
  • The Islamic law
    • Socio-economic Justice
    • The ownership of wealth
    • Prohibition of Riba, Maysir and Gharar
    • Zakah
  • Islamic Economics
    • Shareholding in Islam
    • Loans and debts in the Sharia'h
    • The Islamic Development Bank
  • Islamic Finance
    • Financial intermediation
    • Islamic accounting
    • Financial statements analysis
    • Regulation and Supervision
      • Shari’ah Boards
      • Operations within the conventional system
    • Islamic Commercial contracts
      • Relationship with central banks
      • Valid transactions
      • Mudarabah
      • Musharakah
      • Diminishing Musharakah
      • Murabahah
      • Salam
      • Istisna'a
      • Ijarah
      • Wakalah
      • Other contracts
  • Islamic Banking Operations
    • Starting an Islamic Bank
    • Commercial transactions
    • Deposits
    • Islamic credit cards
    • Fee-based services
    • Letter of Credit
    • Bank Guarantee
    • Modes of financing and investment
      • Ijarah financing
      • Musharakah and Mudarabah certificates
      • Diminishing Musharakah
      • Replacing interest-based lending
    • Capital Market Operations
      • Islamic Unit Trusts
      • Islamic Fund Structures
      • Investment screening
      • Islamic Market Indexes
      • Islamic ETF
      • Venture Capital
      • Foreign exchange
  • Sukuk
    • Sukuk structures
    • Controversy
    • Indexation of financial obligations
    • Risks underlying Sukuk
  • Takaful
    • Takaful Agreements
    • Takaful models
    • Areas of Takaful
    • General insurance
    • Life insurance
    • Reinsurance
    • Corporate Governance
  • Video Zone
  • Events Agenda 2016
    • Events Agenda 2015
    • Events Agenda 2014
    • Events Agenda 2013
    • Events Agenda 2012
    • Events Agenda 2011
    • Events Agenda 2010
  • Glossary
  • Contact
  • 404