Oasis Crescent Capital Partners, the DIFC-based subsidiary of the South African company Oasis Group Holdings, will launch Shari'ah-compliant funds. The funds on which they will focus are fixed income (investing in sukuk) and real estate funds.
Al Rayan Investment, a subsidiary of Masraf Al Rayan, received a license to operate at the Qatar Financial Centre (QFC). It is the first Islamic financial institution to receive a license for the QFC.
An article on community banking in the U.S. describes Islamic banking products available from Devon Bank in Chicago, Illinois.