Germany

German Regulatory Body Discusses interest in Islamic Banking

Following on from KT Bank opening the first retail Islamic bank in Germany, Peter Kruschel, director of banking supervision at the German Federal Financial Supervisory Authority, discussed Germany’s interest in Islamic banking in an interview with Bloomberg at the Global Islamic Finance forum held in Kuala Lumpur recently. He stated Germany is aware of the potential of the Islamic banking se... »

14th July 2016
Corporate Sukuk in Europe

A report produced by Deloitte highlights Islamic capital market developments in Europe. Analysis and discussion are formed around building case study scenarios for four potential European countries. The report also includes perspectives of prominent industry thought leaders and practitioners who shared their insightful views on the discussed issues. »

28th November 2015

ISLAMIC FINANCE IN EUROPE European Central Bank OCCASIONAL PAPER SERIES NO 146 / JUNE 2013 By Filippo di Mauro, Pierluigi Caristi, Stéphane Couderc, Angela Di Maria, Lauren Ho, Baljeet Kaur Grewal, Sergio Masciantonio, Steven Ongena and Sajjad Zaher   ECB – Islamic Finance in Europe (2.8MB) Most computers will open PDF documents automatically, but you may need Adobe Reader »

26th December 2014

The issuance by Saxony-Anhalt attracted strong demand and was fully subscribed, with 60% of the issue going to investors in Bahrain and the UAE and the remaining 40% to investors in Europe, particularly those in France and Germany. The €100 million Ijarah sukuk (Islamic sale-and-leaseback debt instrument) was fully redeemed in 2009. In 2009, Germany’s Federal Financial Supervisory Authority (BaFin... »

24th December 2014