Posts tagged as: India

European Islamic Investment Bank Plc : Non-Executive Director Appointment

European Islamic Investment Bank Plc : Non-Executive Director Appointment

Mr. John Robertson Wright was appointed Non-Executive Director of EIIB by the Board of EIIB.
Mr. Wright is a career Banker with important experience in UK and international markets including assignments in India, Sri Lanka, West Africa, Canada, Hong Ko…

Tebyan launches first Shariah Fund

Tebyan launches first Shariah Fund

Tebyan Asset Management (Tebyan) launched its debut Tebyan CHIME Opportunities Fund (Fund). This is the first of its kind Shari’ah-compliant product to present investors a gateway to the emerging economic axis of the Arab-Indo-China regions.
The new Fu…

Islamic Finance in India can attract investments from Middle East

Islamic Finance in India can attract investments from Middle East

Taking advantage of the situation emerging out of the economic crisis in Eurozone and countries like United States, India should adopt the Islamic Finance System to pump-in investments from the Middle East. This interest-free and more inclusive system …

3-day workshop to empower Muslim NGOs opens at IDB

3-day workshop to empower Muslim NGOs opens at IDB

The Islamic Development Bank’s community development workshop has the purpose to empower Muslim NGOs in different parts of the world by offering them necessary training to boost their leadership skills.
Prominent leaders of Muslim organizations and i…

Islamic bank to help develop Waqf properties in India

Islamic bank to help develop Waqf properties in India

Islamic Development Bank (IDB) is enthusiastic to evolve Waqf properties in India and the two sides have investigated ways to cooperate in different fields including launching of Islamic banking in the country.
It seems that the bank has agreed to fina…

Mefcom ties up with UK-based merchant bank Beufort

Mefcom ties up with UK-based merchant bank Beufort

Mefcom Capital Markets together with UK-based merchant bank Beaufort will supply various cross-border financial services to corporates and other investor classes. Furthermore, they will arrange Sharia- compliant investment products and plans to give th…

Islamic assets set to reach $5trn

Islamic assets set to reach $5trn

Shariah assets worlwide are estimated to reach $900 billion to $1 trillion, which is three times the size of China’s mutual fund asset base. It is expected that it expands to $4 trillion to $5 trillion by 2015.
The positive fact for asset managers is t…

Sarasin-Alpen to offer Islamic advisory services

Sarasin-Alpen to offer Islamic advisory services

Sarasin-Alpen LLC, Oman, is a subsidiary of the private bank, Bank Sarasin & Co Ltd, Switzerland. Capital Market Authority approved that the bank markets Islamic securities, products and services to its clientele, along with its existing advisory s…

Alpen Capital, Oman to offer Islamic advisory services

Alpen Capital, Oman to offer Islamic advisory services

Capital Market Authority, Sultanate of Oman gave his authorization for Alpen Capital LLC, Oman to rovide advisory services in Islamic structures along with its existing investment banking advisory services.
Alpen Capital offers comprehensive services w…

Govt. of India urged to allow financial bodies to adopt Islamic practices

Govt. of India urged to allow financial bodies to adopt Islamic practices

The International conference’s conclusions on “Prospects for Islamic Venture Capital Funds in India” were that India needs to make steps to allow various financial institutions to adopt Islamic products and practices and to lay foundations of a level p…

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