Monday, November 13, 2006

IIFF-Europe, Amlak Investment Co., sukuk

International Islamic Finance Forum - Europe

"Europe's private banks pursue Sharia'a wealth", AMEinfo, November 11, 2006

The International Islamic Finance Forum, Europe will open on Monday, November 13th and run until November 16th in Zurich and will focus on sustaining the rapid growth in the Islamic financial industry, with a focus on how to encourage rapid growth in Europe and the recent growth in Islamic private banking.

"Khalid Abdulla Janahi will be a keynote speaker at the International Islamic Finance Forum in Zurich", , November 11, 2006

Mr. Janahi is the chairman of the Ithmaar Bank. This article presents a short biography of him. The bank is based in Bahrain and focuses on Shari'ah-compliant investment banking.

Amlak Investment Company

"Amlak, $266.6m Saudi venture", AMEinfo, November 11, 2006

Dubai-based Amlak Finance and Saudi-based Dallah Al Baraka are combining in a joint venture to start a new Islamic financial company, Amlak Investment Company. The new firm has approval from the Saudi Arabian Monetary Authority (SAMA) and will open in Q3 2007.

New sukuk

"MMC's RM7.9b Islamic financing for Malakoff bid", The Edge Daily, November 11, 2006

MMC Corporation Bhd will use the sukuk to finance the purchase of Malakoff Bhd.

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