Does Your Financial Institution Participate in Shariah Compliant Finance?
The most common requests we receive here at SFW are questions as to whether banks or brokerage houses “are Shariah-compliant?” As a result of these numerous inquiries, for the past several weeks, we have carefully compiled a list of financial institutions active in the USA that have some form of tie to Shariah Compliant Finance. […]
(MENAFN – Khaleej Times) Emirates NBD, National Bank of Oman and three European banks have helped Uralsib Bank, Russia’s biggest privately owned lender, get a loan of $313 million (Dh1.15 billion) from a group of 32 banks for its trade finance business. The money will be lent to industrial companies in Russia, […]
The problems at Citigroup (C) keep getting worse. BusinessWeek has learned that one of Citi’s top brokers has bolted the bank to sign on with Credit Suisse (CS). Richard Zinman and his team of junior brokers officially left Citi on May 30, according to people familiar with the matter, in part because so many of […]
Credit Suisse: World Wide Credit Crunch Boosting Islamic Banking Tuesday, February 05, 2008 As financial markets, banks and mortgage holders around the world are feeling the pain from the credit crunch it appears that that Islamic banking is gaining from the world wide credit squeeze: “The credit crisis is boosting Islamic finance, a senior Credit […]
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