Posts tagged as: UK

Specialist proposes fatwa bypass on Islamic products

Specialist proposes fatwa bypass on Islamic products

Trevor Norman, director of Jersey-based fiduciary specialist Volaw Trust and Corporate Services, noted that UK investors and their advisers should be given permission to research products themselves instead of having to obtain a fatwa, or judgement, fr…

BLME completes first Islamic banking deal in the renewable energy space in the UK

BLME completes first Islamic banking deal in the renewable energy space in the UK

Bank of London and The Middle East plc (BLME) signed a £14 million leasing deal with Global Marine Systems Ltd.
According to the agreement, BLME will support Global Marine in the acquisition and refit of an offshore power cable installation barge. The…

UCITS tapped for Islamic funds distribution

UCITS tapped for Islamic funds distribution

Potential for marketing Islamic funds cross-border in the Asia-Pacific and Asean is starting to be seen through the UCITS (undertakings for collective investment in transferable securities) platform. Despite the fact that it has already been used in Eu…

Malaysian global asset manager establishes first-in-class fund platform in Ireland

Malaysian global asset manager establishes first-in-class fund platform in Ireland

Ireland has conducted its first Malaysian-managed fund platform. The Central Bank of Ireland has approved the establishment of CIMB-Principal Islamic Asset Management (Ireland) Public Limited: a joint venture between Kuala Lumpur headquartered CIMB Gro…

2012 LSE-Harvard Public Lecture on Islamic Finance , 22nd Feb, 6.30 pm

2012 LSE-Harvard Public Lecture on Islamic Finance , 22nd Feb, 6.30 pm

GLOBAL CALLS FOR ECONOMIC JUSTICE: THE POTENTIAL OF ISLAMIC FINANCE
Date: Wednesday 22 February 2012
Time: 6.30-8pm
Venue: Hong Kong Theatre, Clement House, London School of Economics
Speakers: Mukhtar Hussain, Professor Volker Nienhaus
Chair: The Hon….

Tadhamon seals UK students facility deal

Tadhamon seals UK students facility deal

Tadhamon Capital seems to have reached an agreement with UK developer Watkin Jones for joint ownership of Athena Hall.
The Athena Hall was cultivated by Watkin Jones in 2010 and is part of a new university campus benefiting from a five-year rental guar…

Oasis Group targets UK investors for Islamic funds

Oasis Group targets UK investors for Islamic funds

The Oasis Group is advancing very fact in expanding its overseas operations and plans to open an office in London later this year as part of its expansion strategy.
Michael Bear, the Lord Mayor of the City of London, stated that high level financial an…

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…

Egypt Rekindles Interest in Islamic Finance

Egypt Rekindles Interest in Islamic Finance

Egypt has renewed interest in the growing sector of Islamic banking and finance in an effort to rebuild the economy of the country using internal methods of financing.
Part of the country’s pursuit will be to launch a sovereign Sukuk, or bond, program …

Islamic finance mkt faces ‘expectations’ challenge

Islamic finance mkt faces ‘expectations’ challenge

The GCC Islamic banking community is well positioned to build on a leadership role versus other potential competing centers such as Malaysia, Iran or even the UK.
GCC Islamic banks have also prooved their ability to be more innovative in terms of produ…

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