Islamic Finance

IslamicFinance.com and Sukuk.com are initiatives for the enhancement and development of the Islamic financial market.

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London Islamic Finance Centre Shines at Sukuk Summit

5 March 2018 leading luminaries from Islamic finance gathered at the London stock exchange. Dr Bandar Hajjar, President of the Islamic Development Bank highlighted the need for London with its world class financial services expertise to be at the heart of the “Islamic finance revolution” and for it to leverage its global marketplace to help realise the potential of Islamic finance.

Dr. Bandar Hajjar, President of the islamic finance Development Bank highlighted the need for london with this world class financial sevices expertise to be at the heart of the "Islamic Finance Revolution"."
London To leverage its global marketplace to help realize the potential of Islamic finance.

The following equities have been screened and comply as Sharia compliant for the purposes of permitted investment.

Name	Exchange	Complaince
Church & Dwight Co., Inc.	New York	Member of Certified Islamic Fund
Valero Energy Corporation	New York	Member of Certified Islamic Fund
Broadcom	New York	Member of Certified Islamic Fund
Delta Air Lines, Inc.	New York	Member of Certified Islamic Fund
Ross Stores, Inc.	New York	Member of Certified Islamic Fund
United Parcel Service, Inc.(UPS)	New York	Member of Certified Islamic Fund
Dentsply Sirona Inc.	New York	Member of Certified Islamic Fund
eBay Inc.	New York	Member of Certified Islamic Fund
CVS Health	New York	Member of Certified Islamic Fund
Novartis AG	SIX Swiss Exchange	Member of Certified Islamic Fund
Johnson & Johnson	New York	Member of Certified Islamic Fund
EOG Resources Inc	New York	Member of Certified Islamic Fund
L Oreal SA	Paris	Member of Certified Islamic Fund
Procter & Gamble	New York	Member of Certified Islamic Fund
Schlumberger	New York	Member of Certified Islamic Fund
ConocoPhillips	New York	Member of Certified Islamic Fund
Bristol Myer Squibb	New York	Member of Certified Islamic Fund
Apple Inc	New York	Member of Certified Islamic Fund
MTN Group	Johannesburg	Member of Certified Islamic Fund
Nestle SA	SIX Swiss Exchange	Member of Certified Islamic Fund
Sysmex Corp	Tokyo	Member of Certified Islamic Fund
Samsung Electronics	Korea SE	Member of Certified Islamic Fund

Name: eBay Inc.

Exchange: New York

Country: United States of America

Currency: USD

Description: eBay Inc. is a global commerce company. The Company\'s platforms are designed to enable sellers worldwide to organize and offer their inventory for sale and buyers to find and buy it.

Islamic Investment Compliance Source : Member of Certified Islamic Fund - BNP Paribas Islamic Fund

Data is indicative, not updated daily and may be incorrect

The following funds have been screened and comply as Sharia compliant for the purposes of permitted investment.

Fund Information: The Fund aims to provide attractive levels of income with some prospect of capital gains over the medium term through actively investing in a mix of corporate and sovereign sukuk and other Islamic money market instruments, including but not limited to the following Islamic instruments: money market instruments, certificates of deposits, collateralised murabaha, convertible sukuk, murabaha deposits, ijarah and investments in other Islamic collective investment schemes (investment funds) with obje

Asset Type: Sukuk Fund

Assets Under Management: USD $32.68 Million

Domicile: United Arab Emirates

Inception Date: July 01, 2012

Management Fee: 1%

Reports: Prospectus|Performance Report | Performance Report Link to Fund Manager

Data is indicative and not updated daily

Fixed rate guaranteed returns in the form of interest rates are not permitted in Sharia compliant products. Profit rates which carry an element of risk as well as a target rate which is not guaranteed are the equivalent deposit product.

Name	1 Year	2 Years
Al Rayan	1.51%	2.02%
BLME	1.60%	2.00%
UBL UK	1.50%	1.92%
ADCB	1.20%	0.00%

Name	1 Year	2 Years
Dubai Islamic Bank	1.00%	0.0%
Noor Bank	0.70%	1.05%
ADCB	1.40%	0.00%

Name	1 Year	2 Years
Kuwait Finance House	0.16%	0.00%
ADCB	0.48%	0.00%

Name	1 Year	2 Years
Kuwait Finance House	0.40%	0.00%
Dubai Islamic Bank	0.60%	0.0%
Noor Bank	0.55%	0.65%
ADCB	1.03%	0.00%

Data is indicative and not updated daily

Global Industry News

08 Mar Leading Islamic Finance centres Photo : Sukuk Summit 2018 LSE

London Islamic Finance Centre Shines at Sukuk Summit

London Sukuk Summit at London Stock Exchange with Islamic Development Bank 5 March 2018 - Leading luminaries

07 Mar News

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08 Nov Malaysia

Islamic facility agreement signed by ICD and Mizuho Bank

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06 Nov Canada Photo : Rick Harris/Flickr/CC

Why Canada is Welcoming the Industry with Open Arms

Canada has helped to establish a template for other sovereigns in embracing alternative and socially conscious

Sharia compliant finance for Development

14 Oct News Photo : World Bank

Sharia compliant for Development

Islamic Finance for Development Victoria Kwakwa - World Bank Vice President for the East Asia and Pacific.

14 Oct News

IMF: Evidence from Islamic Banks for Basel Compliance and Financial Stability

The IMF examines whether compliance with Basel Core Principles (BCPs) for effective banking supervision af

A look at the evolution of Islamic compliant finance in the UK

13 Oct News Photo : UK Central Bank - The Bank of England

A look at the historical evolution of Islamic compliant finance in the UK

Bashar Al Natoor, Global Head of Islamic Finance at Fitch Rating looks at the historical evolution of Islamic

13 Oct News Photo : Naz-Amir/CC/Flickr

Industry Must Seize on New Trends for Next Phase of Growth

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Service Providers Directory

The most comprehensive network of Firms & Professionals offering Sharia Financial services covering Banking, Legal, Accountancy & Audit, Shari’a Scholars as well as many other sectors. Register to add your entry for consideration

Standard Chartered is prominent in Islam

HSBC is a key player in the arranging of

Dubai Islamic Bank (DIB) was established

ADIB is a primary dealer for Internation

BSF offers Shariah compliant solutions t

RHB Bank offers Islamic Banking services

Emirates Islamic Bank offers a broad ran

Naveed is Founder of IslamicFinance.com

Turkiye Finans is a joint venture of the

An initiative for the development of the

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Using data from our exclusive Sukuk Database, the above Sukuk Chart can be used to view issued Sukuk based on their maturity and issued profit rates along with corresponding information covering issued amount and date as well as rating data. View and filter sukuk based on issued country and currency covering both short-term and long-term issuances as well as historic matured sukuk covering the past ten years.