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Islamic Investments
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Source: Shariabanking.net
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Friday, 08 September 2006 |
LONDON (AFX) - Islamic
Bank of Britain PLC reported a bigger first-half loss, held back by a
surge in costs as the group more than doubled its branch network.
The
bank, which offers financial services that comply with Islamic law to
customers in the UK, said its pretax loss for the six months to June 30
widened to 4.2 mln stg from 3.7 mln stg in the same period last year.
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Last Updated ( Sunday, 07 January 2007 )
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Islamic Investments
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Source: Shariabanking.net
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Wednesday, 30 August 2006 |
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GFH announced
today that it has been assigned an investment credit grade rating of
BBB- by Standard & Poor’s (S&P), one of the top two
international rating agencies. GFH is the first Islamic investment bank
to be awarded an investment grade credit rating by S&P. The rating
applies to GFH as an institution and any senior unsecured long-term
obligations it might have. The credit rating on GFH’s short-term
obligations is A-3, which reflects strong liquidity. The outlook on the
rating is stable indicating that it is likely to remain unchanged in
the medium term. |
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Last Updated ( Sunday, 07 January 2007 )
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Islamic Investments
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Source: Shariabanking.net
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Sunday, 27 August 2006 |
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 Islamic Finance, Gordon Brown wants UK to be centre for Islamic Investment
He told the Islamic Finance and Trade Conference in London he wanted to make the UK a centre for Islamic investment. He called for stronger trading links between the UK and Muslim countries as well as global trade reform. Under Sharia Islamic law, making money from money, such as by charging interest, is not permitted. |
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Last Updated ( Sunday, 07 January 2007 )
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Islamic Investments
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Wednesday, 29 June 2005 |
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 The Children’s Mutual, the UK’s only provider specialising exclusively in long-term savings for children, has today announced that it will be launching the first Child Trust Fund (CTF) Stakeholder account that is compliant with the Shariah.
Ivan Lewis MP, Economic Secretary to the Treasury and Dr Akber Mohamedali, Treasurer of the Muslim Council of Britain, will attend the launch and be available for questions with David White, Chief Executive of The Children’s Mutual, on June 29.
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Last Updated ( Friday, 21 March 2008 )
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