Sharia Islamic index added to Istanbul Stock Exchange
Hat tip to Andrew for this report… The Istanbul Stock Exchange (ISE) launched a participation index earlier this month to highlight and track 30 Sharia-compliant companies in an effort to further develop the Islamic finance sector. Some view the Islamic index with apprehension, others as an opportunity. Sharia Islamic Index is the first such index […]
FTSE and the Stock Exchange of Thailand have added a Shariah index to the exchange’s benchmarks. This is most unfortunate and is illustrative of the spread of Shariah worldwide. This is especially disconcerting in the case of Thailand, which has been racked by a bloody Islamist insurgency over the past several years. One cannot help […]
Shariah Laws and Finance will try to poise themselves as the saviors of the economic crisis, but they are not immune. Do not fall for the SCF is a safe investment ploy.
Gulf states poised to weather financial crisis By Julia Wheeler BBC News, Dubai Gulf stock exchanges are apt to exaggerate volatility felt elsewhere Gulf stock markets are not immune to the global battering the current tornado of volatility has brought. In Saudi Arabia, there has been a 45% drop in share values this year and […]
Tuesday, September 16, 2008 Frank Gaffney-photo courtesy Center for Security Policy GAFFNEY: Into the fire? Frank Gaffney COMMENTARY: The question on Wall Street in the wake of the latest meltdowns in the U.S. financial sector is “Who’s next?” The more important issue is not which of the major banks or investment firms will follow Lehman […]
Asa Fitch Last Updated: September 15. 2008 9:22PM UAE / September 15. 2008 5:22PM GMT A worker carries a box from the offices of Lehman Brothers in Canary Wharf in London on Sept 15 2008. The British operations of the US investment bank were placed in administration today to protect them from creditors. Kirsty Wigglesworth […]
London firm launches Sharia-based equity fund www.livingdesigns-uk.com/images/case_studies/amiri_branding_top.gif LONDON: London-based Amiri Capital has launched the Amiri Equity Alternative Strategies (AEAS) fund. AEAS is the maiden fund from the Sharia-compliant alternative investment management group and the first Islamic alternative investment product to offer a fund of fund manager long/short equity strategy. Coronation, the London-based multi-manager, […]
A Few Speculators Dominate Vast Market for Oil Trading By David Cho Washington Post Staff Writer Thursday, August 21, 2008; A01 Regulators had long classified a private Swiss energy conglomerate called Vitol as a trader that primarily helped industrial firms that needed oil to run their businesses. But when the Commodity Futures Trading Commission […]
An international force to be reckoned with Several Gulf funds helped to recapitalise Western banks during credit crunch of past year. By Samia Nakhoul – LONDON The oil-fired economies of the Gulf are an international force to be reckoned with, creating world-class companies and using their windfall profits to diversify away from oil, […]
Stanchart opens its largest trading floor in Middle East Standard Chartered bank has opened its largest trading floor in the Middle East at the Dubai International Financial Centre (DIFC), the global financial hub. From correspondents in Emirates, United Arab Emirates, 29 Apr 2008 4:01 PM – (www.indiaenews.com) Standard Chartered bank has opened its largest […]
http://www.guardian.co.uk/business/2007/sep/21/9/print Gulf rivals snap up nearly half of the London Stock Exchange · Sovereign-backed firms go on a spending spree · Bush ‘comfortable’ with Dubai stake in Nasdaq The following correction was printed in the Guardian’s Corrections and clarifications column, Saturday September 22 2007 In the article below we reported that Borse Dubai and […]
ATLAS EXCLUSIVE: ALLYSON ROWEN TAYLOR Shariah Finance-The Quiet Jihad http://atlasshruggs2000-typekey.com Allyson Rowen Taylor, a leading expert on Shariah Financing, files this latest exclusive report on the economic jihad on West. Atlas, you first, your last, your everything on the war on the jihad.Shariah Finance-The Quiet Jihad Allyson Rowen Taylor Terrorism has many faces. […]
Abu Dhabi, Oman Shares Advance; Saudi Arabia’s Index Declines www.bloomberg.net By Zainab Fattah Feb. 24 (Bloomberg) — Shares in Abu Dhabi, Oman and Qatar advanced, led by real-estate developers and banks, on investor perceptions prices now are low compared with those in other emerging markets and that regional growth will benefit from higher oil prices. […]
The Epoch Times-London Becomes Islamic Finance Hub-Islamic Finance 2008-The end to Western Civilization as we knew it.
Home > Business London Becomes Islamic Finance Hub By Heide B. Malhotra Epoch Times Washington D.C. Staff Feb 14, 2008 WASHINGTON—The United Kingdom is the European leader in providing Islamic financial services to the Muslim population, according to a recent study, “Islamic Finance 2008,” by International Financial Services (IFS), a London-based financial service company. “London’s position as […]
Defining a Halal Investment Conditions that Muslims Observe When Investing in Financial Markets © Maria Zain Jan 23, 2008 Muslims are only allowed to invest in halal financial products – those that comply with Islamic principles. Here is what makes an investment Islamically permissible. A halal investment denotes investing in financial products that adhere to […]
The Securities Bazaar:Destabilizing the U.S.Markets? Dr. Rachel Eherenfeld and Alyssa A. Lappen-MUST READ
http://www.humanevents.com/article.php?print=yes&id=24610 The Securities Bazaar: Destabilizing the U.S. Markets? by Dr. Rachel Ehrenfeld and Alyssa A. Lappen Posted 01/23/2008 ET All presidential candidates promise to fix our economy, but no one discusses the need to better safeguard our financial markets. The Committee on Foreign Investment in the U.S. (CFIUS), approved Bourse Dubai’s purchase of 20% […]
The Arab economic boycott of Israel has mostly disappeared. But now it lives on, in the Dutch stock exchange. Businesses dealing with alcohol, the sex industry, financial services – they are all banned by Sharia law due to what they do. Businesses in Israel are banned due to what they are. Are Arab-Israeli businesses banned […]
Gulf derivatives market could touch $300b By Babu Das Augustine, Banking Editor Published: January 22, 2008, 00:54 Dubai: The Gulf’s derivatives market could potentially be worth around $250-$300 billion in five years, according to Arqaam Capital, a pioneer in derivative structuring, brokerage and trading in the region.Based in Dubai International Financial Centre (DIFC), Arqaam Capital […]
List of Major Banks dealing with Shariah Finance-tools for research
Here is a list of banks that are expanding the Islamic Shariah industry worldwide. Also, a link to the major periodicals that discuss Shariah Finance. In order to combat this rising influence on our banking industry, you must learn and understand what it is. This type of banking is a screen to infiltrate into a […]
MUST READ-How the Muslims are marketing Islam, without “Islamic” jargon
Here are some excerpts from the http://www.universityislamicfinancial.com website. Note below in the FAQ area, they specifically note that Some of our products in development will be designed without specific “Islamic” jargon in order to provide financial services to anyone. Margo I.FAQ: http://www.universityislamicfinancial.com/faq.html Query: Are SHAPE™ programs open only to Muslims? SHAPE™: No! SHAPE™ programs are meant to […]
Judith Miller-Abu Dhabi:East Leans West-while radical Islamists fight to restore the Dark Ages, a modern sheikdom invest in Western Culture
Great Article about Abu Dhabi and the lust for wealth by investing in the West. Judith Miller was former reporter for the New York Times. comments by Allyson Rowen Taylor Judith Miller Abu Dhabi: East Leans West While radical Islamists fight to restore the Dark Ages, a modernizing sheikhdom invests in Western culture. Winter 2008 […]
Issues and Relevance of Islamic Finance in Britain-reposted, A MUST READ AGAIN
THese are the words of Iqbal Khan, the HEAD of global Shariah finance in the United Kingdom. Go over the wording, understand the implications of this type of system in democratic countries. Understand the type of banking and what it implies. comments by Allyson Rowen Taylor /* */ Issues and Relevance of Islamic finance in […]
Japan to Raise First Soverign Islamic Bond in Malaysia Next Month
–> Business January 15, 2008 20:19 PM Japan To Raise First Sovereign Islamic Bond In Malaysia Next Month By Tham Choy Lin HONG KONG, Jan 15 (Bernama) — Japan will issue its first sovereign Islamic bond or sukuk, of between US$300 million and US$500 million, in Malaysia next month, a senior official of the […]
Black Enterprise.com News Briefs about the Middle East Investment Market
BE BUSINESS REPORT AME Info, Abu Dhabi, United Arab Emirates, Business Briefs Column 2008-01-15 AME InfoBy AME Info, Abu Dhabi, United Arab Emirates Jan. 15–DFM UP SHARPLY, ADSM HAS SLIGHT GAIN: The Dubai Financial Market rose sharply today, Tuesday, gaining 182.18 points, or 2.98 percent, to finish on 6,291. National Industries Group was the day’s […]
Link to www.Gulfbase.com, comprehensive site on Sharia Finance and Investments
This site breaks down the investments and funds by countries in the Middle East. It is a good source to follow, and research for those interested in following the growth of funds and indices. You can register on it for updates, however this blog will follow it and post the most relevant articles. comments by […]
This article is written by the leader of Dubai. It is a puff piece of propagada, and should be read “tongue in cheek”. This is the man who was responsible for trying to buy our ports, and is now gobbling up our financial corporations and leading companies. He is starting to gain a foothold in […]
Business Week-“Who’s Afraid of Mideast Money?”
<!– if (!window.OAS_sitepage) { var BW_site; // use for new ad site var BW_page = “/printerfriendly”; var OAS_listpos; // use to restrict the number of available page positions document.write(”); } //–> THIS IS ONE OF THE MOST IMPORTANT ARTICLES I HAVE POSTED. IT IS A MUST READ, AND ONE THAT NEEDS TO BE READ AND […]
Islamic Finance Sector set to continue growth into 2008
Submitted by Mudassir Rizwan on Tue, 01/08/2008 – 16:52. Muslim World News London – (IINA) January 08, 2008 – The global Islamic finance sector is set to continue its impressive growth into 2008, although this growth may be tempered by events completely out of its control. The downturn in the US economy, the dramatic slide […]
Ensuring Syariah Compliance Challenge For Islamic Finance By Yusrin Junaidi Bandar Seri Begawan – The active product innovation in the area of Islamic finance has expanded to a wider investor base, and this has given the Muslim Ummah more choices of Syariah-compliant products. One of the key challenges of such innovation, however, is the […]
This is going to be a huge issues, as we see more of of stock markets and financial companies bought by Kuwait and others. The monitoring of the types of investments made under Shariah control should be of concern, as the laws of Shariah will dictate the investments. Especially troubling will be the pork, entertainment, […]
Soverign Forays, Business Standard, New Delhi-The impact of the sub prime problem and the high price of oil
This article spells out the real problems of the selling of our corporations to foreign investors, especially the middle east and Dubai, who realize that oil is going to become secondary, and that taking a foothold into the buying of large portfolios is a way to gain footholds into our democracy and economy. The need […]
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