Shariah Finance to Establish Foothold in Germany
On August 31, 2012 · In Creeping Shariah, Germany, Islamic Banking, Islamic Finance, Islamization, Shariah Banking, Shariah Finance, Turkey
…with the dutiful help of Ernst & Young and Norton Rose law firm…
Turkey’s Kuveyt Turk investment fund, which operates under the principles of Islamic sharia law, plans to open its first German branch in October.
The first branch in Germany will be opened in Frankfurt with the assistance of Ernst & Young and the Norton Rose law firm. More branches are due to open in the near future in other German cities, particularly Berlin, the Financial Times Deutschland reported.
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