Islamic Finance
Islamic Bank of Britain launches first high street outlet
01/26/2012
The opening will help IBB to meet a growing local demand for Sharia-compliant retail financial products of which it has the largest range in the UK, including a Sharia-compliant mortgage alternative, home purchase plans, savings accounts, personal and bus
UK experts eye Islamic finance solution
12/16/2011
The government cited fears that a new instrument might struggle to attract demand in difficult market conditions that have been made worse by the troubles in the eurozone.
French bank Sells Private Equity Unit
12/16/2011
he move comes days after the bank warned that it would post a loss for 2011 and announced plans to refocus on retail banking to bolster itself against the continuing sovereign-debt crisis.
Business schools turn to Islamic finance
12/16/2011
As unemployment levels remain high in the West, finance students are being encouraged to gain expertise in Islamic banking so that they will be able to work in the Gulf states and in the wider Islamic world.
Another Islamic Finance Accolade for Volaw
12/08/2011
Volaw has been leading the way in the administration of Shari’a-compliant real estate funds and SPVs for more than 15 years, having been involved in the creation and management of many innovative structures for Muslim clients.
VTB to introduce Islamic banking in Russia
12/02/2011
IBA Islamic Banking Group’s head Behnam Gurbanzadeh has said that on the advice of consultants for the first time in the worlds the IBA will introduce Islamic banking by creating a specialized mini-bank inside the Bank itself.
Islamic Bank of Britain enters BTL market
12/01/2011
Islamic Bank of Britain plc, the UK’s only wholly Sharia compliant retail bank, has entered the BTL mortgage market with the launch of its Sharia compliant BTL Purchase Plan.
Deutsche Bank predict Islamic finance boom
11/15/2011
Islamic banks could be boosted by a nearly doubling of assets within five years, as borrowers seek alternative methods of financing due to a cutback in lending at European and US banks.
Islamic banks outstrip high street rates
10/10/2011
Islamic banks now provide the best returns on cash deposited for two, three, four and five years – and these market leading rates are encouraging more UK customers to put money into sharia-compliant accounts.
