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. […]
Bank of America Merrill Lynch is reportedly facilitating the sukuk (Islamic bond) offering for a firm called Noble…We thought that SFW readers might want to consider these activities when deciding whether to do business with Bank of America Merrill Lynch… http://www.ifrasia.com/bonds-noble-ropes-in-trio-for-potential-debut-sukuk/21007629.article
Bank of America, beneficiary of your tax dollars, bought Merrill Lynch on a firesale price, after Merrill had begun selling shariah compliant products. Shariah Compliance means ALWAYS having to say you’re sorry. It’s called submission. Your tax dollars at work….Now Merrill is paying $1.5 million to an Iranian muslim who claims he was fired because […]
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