:London :Dubai :Kuala Lumpur :New York
  FOLLOW US  
Sign in   |   Register

Events

image Introduction to Risk Management in Islamic Banking – Basel II Compliance.
Event date: - 2012-12-07
   
image 12th Annual Islamic Finance Summit
Event date: - 2013-02-26
   
image The 3rd PPP MENA Conference
Event date: - 2013-03-17
   
image Islamic Finance Forum Europe
Event date: - 2013-05-28
   
  More Events    Add Event

Search

Enter your keyword  

Follow Us






News by Topics

Australian businesses and fund managers will find accessing capital from countries within the Gulf Cooperation Council (GCC) easier with the establishment of global Islamic finance experts Amanie Advisors in Australia.

With enormous multi-billion dollar pools of capital forming from within the GCC's combined economies of Saudi Arabia, Kuwait, Bahrain, Qatar, Oman and the UAE, there is expected activity of approximately $1.5 trillion in 2013, this representing a huge opportunity for Australian businesses and fund managers to grow.

Amanie Advisors Australia Pty Ltd, part of Group Amanie Advisors, a global Islamic finance advisory firm operating in nine cities of the world, has recently obtained an Australian Financial Services Licence (AFSL) from financial markets regulator, the Australian Securities and Investment Commission.

Deputy Chairman of Australia Post and member of the Takeovers Panel, lawyer Mark Darras, who has been appointed the Executive Director of Amanie in Australia commented, "Structures used in Islamic Finance transactions mirror very closely, the types of funding that are in demand in Australia, particularly with respect to real economic activity which includes leasing, infrastructure project financing and financing mining activities. We see opportunities for our advisory services in many parts of the Australian economy, particularly in sectors dealing in hard assets, such as natural resources investments, including oil, gas, gold and other precious metals."

"Amanie views Australia as an important investment destination because its economy is one of the strongest performing in the world, in which many investors from the GCC are keenly interested. Our mission is to ensure they have the right, culturally appropriate, Islamic finance vehicles in which they can invest and obtain an excellent return. We will assist Australian corporate clients and financial sector players structure Shariah-compliant investments and source like-minded partners from among our global network of clients," added Darras

Amanie has been active since 2005 in helping asset managers and banks create products that conform to religious prohibitions on the charging of interest and that avoid other prohibited activities disallowed by Islamic teachings.

Amanie's work is overseen by its Shariah Supervisory Board, which is comprised of world-leading experts on Islamic finance issues Dr. Mohamed Ali Elgari, Dr. Mohd Daud Bakar, Dr. Muhammad Amin Ali Qattan, and Dr. Osama Al Dereai.

Dr. Mohd Daud Bakar, Amanie's founder and Group Chairman explained more about the opportunities he sees in Australia.

"This is an important step for our firm to offer financial advice beyond our normal Shariah advisory services. Our focus will be Sukuk and Islamic funds working with our many partners in Australia."

Dr. Daud plans to visit Australia for the firm's first Australian Islamic Finance Forum (AIFF) as well as conducting an Islamic investment roundtable between global investors and Australian businesses in Melbourne in April 2013.

Share |

 

starting your own business with B&F Switching to B and f services

News

image How credit risk is associated with key macroeconom ...
2013-11-11
Recently published article by Hamid A.H. Al-Wesabi & Nor Hayati Ahmad from University Utara Malaysia is answering the qu ...
image London can lead world as an Islamic Finance hub ...
2013-10-29
Financial Time published the following article from George Osborne (UK chancellor of the exchequer) regarding this week ...
image The world bank will open its first centre on Islam ...
2013-10-28
The world bank will open its first centre on Islamic Finance at Borsa Istanbul premises, the exchange market said Monda ...
image Busy November for Islamic Finance ...
2013-10-25
Islamic Finance Calendar for November 2013: 1. The 9th World Islamic Economic Forum held in:London Date: MONDAY, NOV 4 ...
image Family Farming: The Key to Alleviating Hunger and ...
2013-08-09
After decades of failed attempts to eradicate hunger, development agencies, internation ...

Share |

Company Recomendation of the week
Overseas Trade Finance   
We specialise in sourcing trade finance, and arrange funding for export transactions on behalf of exporters, and international trade finance professionals world wide. We arrange the finance for Trade related business and forfeiting. Visit: www.otfonline.com


Current issue

''The principle of Islamic Finance is about transparency, ethics and fairness, as well as promotin ...
Read More ..
main cover islamic

Subscribe

Subscribe Digital

  Current Issue     Trial Version     Digital     Archive  







Click to launch the full edition in a new window
Online Publishing from YUDU

Latest Books

image Islamic Branding and Marketing: Creating a Global Islamic Business
Author/Publisher: - Dr. Paul Temporal
   
image Understanding Islamic Banking: The Value Proposition That Transcends Cultures
Author/Publisher: - Joseph A. DiVanna
   
image Critical Issues on Islamic Banking and Financial Markets: Islamic Economics, Banking and Finance, Investments, Takaful and Financial Planning
Author/Publisher: - Saiful Azhar Rosly
   
image Product Development in Islamic Banks (Edinburgh Guides to Islamic Finance)
Author/Publisher: - Habib Ahmed
   
image Frequently Asked Questions in Islamic Finance (The Wiley Finance Series)
Author/Publisher: - Brian Kettell
   
  Buy Now      More Books  

QUOTE of the week

 Islamic finance is becoming an integral part of the global finance industry and has taken its roots in almost all of the Muslim countries but has also been under discussion and penetration in selective Western and Far Eastern jurisdictions

Moinuddin Malim, CEO, Mashreq Al Islami


GCB    Business Media Group - the Publisher    B&F Services Ltd.