asia and middle east links fuel cross border
Strengthening ties between Asia and the Middle East, particularly within the Islamic finance sector, have been highlighted in a speech by one of Singapore’s senior politicians.
Islamic Finance
-
-
shariah compliant fund platform launched in
Four Luxembourg-based companies have launched a Shariah-compliant platform offering custody and administration services for the “increasing number” of Islamic investment funds being domiciled in the country.
-
resolution in discussions on possible sale
Resolution Ltd has confirmed that its Friends Life subsidiary is “in discussions on the possible sale of its 30% stake in AmLife Insurance Berhad and AmFamily Takaful Berhad” back to its partner in the joint venture arrangement, Kuala Lumpur-based AmBank Group.
-
blme partners with crescent to offer australian
Australian Islamic wealth manager Crescent Wealth has partnered with Bank of London and The Middle East in a deal which will offer Australian retail investors exposure to the Islamic bond market for the first time.
-
qatars masraf al rayan unveils shariah compliant
Masraf al Rayan, Qatars largest Islamic bank and its fourth-largest bank by market value, has set up an independent brokerage subsidiary that it says will buy and sell various Shariah-compliant financial instruments for all types of investors.
-
islamic fund house opens in uk offering suite
A new fund house has launched in London offering Shariah compliant funds in a Ucits structure to UK investors.
-
shifting to shariah model could increase value
Converting a financial services business to a Shariah-compliant model could increase the value of a company by 18% to 25%, due to the current scarcity of genuine Islamic investments, a report issued by Switzerland-based Bank Sarasin concludes.
-
friends unveils malaysian takaful business
Friends Life has launched its Shariah-compliant insurance business in Malaysia.
-
standard chartd unveils shariah uae offering
Standard Chartered Saadiq, the Islamic arm of Standard Chartered Bank, has launched Shariah-compliant services for individuals and small and medium-sized enterprises in the UAE.
-
shariah compliant london property fund launched
London Central Portfolio has launched a Shariah-compliant fund which will invest in London property.
-
Aberdeen AM plans Shariah bond funds for Malaysia
Aberdeen AM Asia is planning to launch Shariah compliant bond funds in Malaysia.
-
Argyll unveils trio of Shariah funds
Argyll Investment Services, a Guernsey-based fund manager, has launched a trio of Shariah funds