First it was HSBC, which was fined $1 billion for knowingly looking the other way on transactions involving Iran. Then it was Standard Chartered, which was fined $340 million. Now it’s Deutsche Bank’s turn. Can we now say that the Shariah Finance promoters COMMONLY do business with terrorist regimes in violation of US sanctions? And […]
Does Your Financial Institution Participate in Shariah Compliant Finance?
On June 26, 2012 · In AAOIFI, AIG, Amana Funds, Arcapita, Bank of New York-Mellons, Barclays, Bloomberg, BNP Paribas, Citigroup, Clearstream Banking SA, Companies, Credit Suisse, Creeping Shariah, Deloitte Touche Tohmatsu, Deutsche Bank, Dhimmitude, DIC, DIFC, DIFX, Dow Jones, Dow Jones Islamic Market, Financial Institution, fiqh council of north america, Fitch, GE Capital, Goldman Sachs, Guidance Financial, HARVARD, HSBC, IFSB, IIFM, IIIT, Islamic Banking, Islamic Finance, ISRA, KPMG, Merrill Lynch, Moody's, Moody's Investor Service, NASDAQ, NatWest Bank, Sharia Compliant, Shariah Banking, Shariah Finance, Shariah insurance, Shariah Mortgage, Standard & Poor's, Standard Chartered, Thomson Reuters, UBS, UBS Bank, University Islamic Bank
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. […]
Deutsche Bank: Shariah-Compliant Finance may double in assets by 2016
On November 28, 2011 · In Deutsche Bank, Islamic Bonds, Islamic Finance, Shariah Bonds, Shariah Finance, SUKUK
The global debt crisis may help Islamic finance nearly double to $1.8 trillion in assets by 2016 as stagnant corporate lending pushes institutions to seek alternative financing to traditional methods, according to a report by Deutsche Bank. http://www.reuters.com/article/2011/11/15/islamic-growth-deutschebank-idUSL5E7MF1Q920111115
Nakheel properties is pushing ahead with plans to issue Dh4.8 billion sukuk (Islamic bonds) on schedule this month after securing approval for its debt restructuring by all lenders. Quoting an unnamed senior source in Nakheel, the Sharjah-based Arabic language daily Alkhaleej said sukuk would be issued and managed by the German Deutsche Bank. Nakheel, the […]
The Islamic Development Bank, a Saudi-dominated financial proselytizing organization, is planning to launch a dollar-denominated sukuk, or Islamic bond. There are some key Western banks which are helping with this process and we thought that SFW readers may be interested in knowing who they are: BNP Paribas SA Deutsche Bank AG HSBC Holdings PLC Standard […]
Deutsche Bank (Malaysia) Bhd (DBMB) has launched an online zakat settlement solution in Malaysia. A subsidiary of Deutsche Bank AG, DBMB is the first foreign bank to provide an end-to-end Islamic tithe collection solution which is Shariah compliant. As regular readers of SFW no doubt know, zakat is used for a variety of purposes, but […]
Sales of bonds that comply with Islamic laws will remain “weaker” this year as investors shun riskier, higher-yielding assets on concern governments will struggle to repay debt. Sales of the bonds known as sukuk have totalled $564 million so far this year, compared with $2.5 billion for the first quarter last year, according to data […]
Islamic Development Bank could raise $500m bond (sukuk)
On July 9, 2009 · In Al Qaeda, BNP Paribas, Creeping Shariah, Da'Wah, Debt Bonds, Deutsche Bank, Divest Terror, HSBC, Iran, Islamic Banking, Islamic Bonds, Islamic Development Bank, Libya, Muslim Brotherhood, OIC, Saudi Arabia, Shariah Bonds, Sudan, SUKUK, Usmani
The Jeddah, Saudi Arabia-based Islamic Development bank will soon issue a $500 million sukuk or Islamic bond issue. This is rather controversial in Shariah Finance circles since Mufti Taqi Usmani issued an opinion last year declaring that most such instruments are in fact NOT Shariah-compliant and are unislamic. That opinion, along with the world economic […]
Deutsche Bank to launch sharia hedge fund platform – guardian.co.uk Deutsche Bank to launch sharia hedge fund platform guardian.co.uk, UK – 2 hours ago… in June and the launch last year of a similar product by Newedge, the broker platform joint venture of Credit Agricole’s Calyon and Societe Generale. … » original article
Deutsche Bank to launch sharia hedge fund platform With all the controversy surrounding hedge funds and short selling, could Islamic finance provide a more responsible approach to the philosophy and management of hedge funds? One feature that would distinguish a hedge fund built upon Islamic principles is that short selling would not be allowed because it […]
Deutsche Bank to launch sharia hedge fund platform By Cecilia Valente LONDON, Sept 23 (Reuters) – Deutsche Bank AG’s prime brokerage business is preparing to launch a sharia-compliant hedge fund platform within the next month, as part of its Middle East expansion plans, a senior official said. Deutsche Bank will expand an existing service […]
Deutsche Bahn Seeks Sovereign Funds for IPO, Handelsblatt Says By Aaron Kirchfeld Sept. 23 (Bloomberg) — Deutsche Bahn AG, the state-owned railway, is seeking to sell shares to sovereign wealth funds in the Middle East and Asia during the initial public offering, Handelsblatt said, without saying where it got the information. Road shows in the […]
Deutsche Bank announced today that it has concluded its first swap agreement on the Saudi stock market (Tadawul), a milestone in the Bank’s operations in the Kingdom. The trade was executed immediately following the receipt of the final go ahead from Saudi Arabia’s Capital Market Authority (CMA), the capital market regulator, which very recently took […]
Deutsche to sell Saudi swap agreements By Edward Russell | 26 August 2008 Defination of Tadawul-Tadawul (Arabic: تداول) is the only stock exchange in Saudi Arabia. It is the eleventh largest in the world.[1] The Capital Market Authority supervises the exchange. The Tadawul All-Share Index (TASI) reached its highest point at 20,634.86 on 25 […]
Sun, 03 Aug 2008, 18:32 Deutsche Bank’s db x-trackers exchange-traded fund platform has listed the first regional Shariah-compliant ETFs on the London Stock Exchange, the db x-trackers S&P 500 Shariah ETF, S&P Europe 350 Shariah ETF and S&P Japan 500 Shariah ETF, as well as a global Shariah-compliant product, the Dow Jones Islamic Market […]
German Companies Feel the Pain in Sanctions-hit Iran16. July 2008, http://tinyurl.com/5jko2c German industrial know-how is needed by Iran but is being denied through sanctions German companies, especially hard hit by trade and economic sanctions against Iran, are worried they are losing lucrative contracts in the oil-rich region to countries such as China and Russia. Reeling […]
Emirates Islamic Bank Introduces The Emirates MENA CPPI Note Dubai, UAE – July 8, 2008: Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region, has added to its portfolio of innovative investment offerings yet another unique product; the Emirates MENA CPPI Note, a 3 year Shari’a compliant structured note […]
Deutsche Bank publishes White Paper to increase supply of Sharia compliant alternative investments London, January 30, 2007 Deutsche Bank has today published a White Paper outlining the investment structure that facilitates the issuance of Sharia compliant securities that offer investors access to alternative asset classes. Deutsche Bank has made public its procedures both in […]
DIFC in Islamic finance standardisation study 12 June 2008 A research project that will study the standardisation of Islamic finance is to be launched this year by the Dubai International Financial Centre (DIFC), says a top official. The centre, together with undisclosed partners, will formulate standards for different types of Islamic […]
June 02, 2008 03:55 PM Eastern Daylight Time The New York Times Company to Webcast Deutsche Bank 2008 Media & Telecommunications Conference Presentation NEW YORK–(BUSINESS WIRE)–The New York Times Company announced today that its presentation at the Deutsche Bank 2008 Media & Telecommunications Conference will be accessible via live webcast on http://www.nytco.com/investors/index.html. The Company’s presentation will […]
Bank staff to fuel autumn Dubai real estate shortage The Dubai International Financial Centre continues to staff up operations as the oil boom grows and the need to recycle petrodollars becomes more critical. Last week Deutsche Bank said it was relocating another 185 bankers to Dubai. Other international banks are also on an expansion track […]
http://tinyurl.com/5rsw84 Dubai art gallery opens Doha outlet Published: Saturday, 10 May, 2008, 01:36 AM Doha Time By Noimot Olayiwola DUBAI-BASED Third Line gallery has opened an outlet in Doha with a solo exhibition of photographs by renowned artist Youssef Nabil. The exhibition opened on Thursday and will run until July 1. Located at […]
Deutsche Bank chief economist to speak to business leaders at global summit in Dubai http://www.ameinfo.com/153583.html The two-day summit opened this morning in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, under whose patronage the event is being hosted at the […]
hat tip-Margo I. Arab Fund May Snatch GM Building April 4, 2008 By JULIE SATOW, STAFF REPORTER OF THE SUN http://www2.nysun.com/article/74219 A Middle Eastern sovereign wealth fund is hovering over the leading bid for the General Motors Building, waiting for a chance to snatch up the iconic tower. Deutsche Bank and Harry Macklowe are plugging […]
Sharia funding moves into mainstream-compliant savings accounts, deposit By David Oakley Published: March 30 2008 22:23 | Last updated: March 30 2008 22:23 http://www.ft.com/cms/s/0/3319c76c-fec5-11dc-9e04-000077b07658.html The esoteric world of Islamic finance is not usually associated with James Bond. But Aston Martin – maker of one of the spy’s favourite cars – was bought out using Sharia-compliant […]
Deutsche Börse: Five New iShares ETFs Launched On Xetra – Product Range Expanded To Include Sharia-Compliant ETFs http://www.mondovisione.com/index.cfm?section=news&action=detail&id=73487 25/03/08 Deutsche Börse is further expanding its XTF segment for exchange-traded funds (ETFs) on the pan-European Xetra trading platform and is listing five additional ETFs issued by Barclays Global Investors. The following three iShares ETFs enable […]
Market Scan Citi Turns To Bond Market-Forbes http://www.forbes.com/markets/economy/2008/03/05/citigroup-securities-capital-markets-equity-cx_md_0304markets25.html Maurna Desmond, 03.05.08, 3:00 PM ET Citigroup, under pressure to raise capital, is making a big bet that it can raise money from yield-hungry investors. It is selling a $2.5 billion bond issue, most of which it is underwriting by itself. Wednesday, Citigroup said it would sell […]
Deutsche Bank sees Islamic hedge fund growth Tue Feb 5, 2008 8:51am GMT By John Irish DUBAI (Reuters) – Deutsche Bank expects demand for hedge funds that comply with Muslim law to take off in the second half of 2008 as structures become more defined and credible fund managers and brokers set up to handle […]
Deutsche Bank: Islamic Hedge Fund Growth Ahead DUBAI — Deutsche Bank expects demand for hedge funds that comply with Muslim law to take off in the second half of 2008 as structures become more defined … Illegal Immigration ALIPAC Forums-viewtopic-Deutsche Bank: Islamic … illegal Immigration Crisis in America! Americans for Legal Immigration ALIPAC licenses security […]
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