Homepage | About us | Advertise | Partners | Feedback Contacts | Русская версия Русский
Islamic-Finance.ru - Information and Analytics on Islamic Business and Finance in Russia Islamic-Finance.ru - Information and Analytics on Islamic Business and Finance in Russia Islamic-Finance.ru - Information and Analytics on Islamic Business and Finance in Russia

Latest News

07.02.2017

GCC VAT a test for Islamic Finance- Fitch


30.01.2017

Goldmoney adds Shariah-compliant methods to boost investment from Islamic markets


31.03.2016

Path Solutions joins CIBAFI, the world renown General Council for Islamic Banks and Financial Institutions


28.03.2016

"Kazakhstan Islamic Finance 2016: a new frontier for Islamic finance" country report


19.02.2016

Azerbaijan looks to new Islamic bank as sector rules progress


15.01.2016

Linar Yakupov received an award for his contribution to the development of Islamic finance industry in Russia


14.12.2015

The 2nd International winter school of Islamic law and economics has started in Kazan


09.12.2015

Russian financial experts are exploring options to launch Islamic Banking


IBFD Fund

Recent Comments

22.06.2016

Islamic banking will be most relevant to SME sector: Zafar Sareshwala

Interview with director and head of Islamic Corporation for Development's (ICD) India operations.

25.11.2015

Islamic Develop Bank calls for new Islamic microfinance structures

As the Shariah-compliant Islamic finance sector booms in the GCC region, the President of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali, asked experts in the field to develop new Islamic microfinance structures.

14.09.2015

Dubai Silicon Oasis Authority and Thomson Reuters Reveal Key Findings of Digital Islamic Economy Report 2015

Dubai Silicon Oasis Authority (DSOA) and Thomson Reuters, with support from the Dubai Islamic Economy Development Centre (DIEDC) released the 'Digital Islamic Economy Report' for 2015, in collaboration with DinarStandard.

Allfunds Bank Creates First Sharia Compliant B2B Fund Platform Fatwa Endorsed by the Sharia’h Board of Amanie Dubai

22.09.2010

Allfunds Bank SA the leading European B2B platform has launched an Islamic Services Unit allowing it to fully serve Islamic investors around the world.
Allfunds Bank Creates First Sharia Compliant B2B Fund Platform  Fatwa Endorsed by the Sharia’h Board of Amanie Dubai
Allfunds Bank SA the leading European B2B platform has launched an Islamic Services Unit allowing it to fully serve Islamic investors around the world.

The recently endorsed Fatwa, signed by the four member Sharia’h Board of Amanie Dubai, one of the leading Islamic consultancy firms, positions Allfunds Bank as the first and sole B2B fund platform fully compliant with Sharia principles. Allfunds Bank already offers more than 80 Sharia’h compliant funds, sourced from 15 fund promoters based in Luxembourg, Ireland, UAE and Saudi Arabia.
This latest development establishes Allfunds Bank as the centre of excellence in the Islamic Open Architecture space and will create further opportunities to expand its service offer. Clients of Allfunds Bank will have direct access to the largest available range of Islamic funds through the fully automated platform, thus diversifying their choice for investments.

Concurrent with this initiative Allfunds Bank is also extending its traditional research services to include Islamic Funds to help clients in their selection of funds, which will also involve the launching of a dedicated website offering thorough information on these funds.

Juan Alcaraz, Allfunds Bank CEO, said: “Launching this innovative project was something we envisioned when we first arrived to the Middle East. The Allfunds Bank business model is geared to meeting the needs and demands of our clients wherever they operate in the world, and, therefore, the development of a model fully compliant with Islamic principles became an important business priority.”

Gianluca Renzini, Deputy General Manager of Allfunds Bank, added: “We have worked closely with our international partners to engage world-class fund managers, with excellent track records, in order to offer investors market leading Sharia compliant investment solutions. Our fund platform will allow us to deliver to Islamic investors the same high quality managers and strategies as those already available to conventional investors, including excellent track records, comparable returns, competitive fees and diversification across asset classes.”
Allfunds Bank was launched in 2000 to provide financial institutions with efficient and secure access to the developing open architecture investment funds market. The company philosophy is to offer an integrated investment fund service to the business to business marketplace based on operational excellence, comprehensive information and leading fund research capability.

With an on the ground presence in Spain, Italy, the United Kingdom, Chile and Luxembourg, Allfunds Bank is active across 17 countries and has a client base of 300 firms covering commercial banks, private banks, fund houses, insurance companies and distribution platforms.

Source: Opalesque

Latest News

Editor's Column

Follow ISLAMIC-FINANCE on Twitter

Analytics

Malaysia's fast-growing Islamic finance sector benefits not only the Muslim world but also non-Muslim countries, said former Prime Minister Tun Abdullah Ahmad Badawi.

News in RSS format

Islamic-Finance.RU in RSS format
© IBFD Fund, 2009-2018. Developed by Linova-MEDIA. Хостинг от uCoz. Design by WebRT