Articles on Islamic Finance

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Assalam aleykoum sisters and brothers,


I will not suprised you if I tell you that France does't want to see any Islamic Bank in its land.


Because the policians say its a Muslim things and its a SHARIA and no SHARIA in France.


They have a very strange way of thinking.


Assalam aleykoum sisters and brothers.
 
thetruth2009 said:
Assalam aleykoum sisters and brothers,


I will not suprised you if I tell you that France does't want to see any Islamic Bank in its land.


Because the policians say its a Muslim things and its a SHARIA and no SHARIA in France.


They have a very strange way of thinking.


Assalam aleykoum sisters and brothers.
Click to expand...
Assalamualaikum, brother.

I am not surprised if those ignorant people assumed if sharia bank is sharia.

Sharia bank is banking system that based on sharia, but sharia bank itself is not sharia, and sharia bank is not for Muslim only.

There is no rule non-Muslim cannot save money, take loan or get any service from sharia bank. Even there is no rule non-Muslim cannot work in sharia bank because sharia bank is 'Mu'amalah' (relationship between human and human), not 'Ibadah' (relationship between human and Allah).

Also, non-Muslim can adopt sharia banking concept and system then establish their own bank that 100% similar with sharia bank. Concept and system of sharia banking is acceptable for everyone.
 
Articles on Islamic Finance Muhammad Aseem

سم الله الرحمن الرحيم

Bismillā hir Rahmā nir Rahīm
In the name of Allah, Most Gracious, Most Merciful​


اشْهَدُ انْ لّآ اِلهَ اِلَّا اللّهُ وَ اَشْهَدُ اَنَّ مُحَمَّدً اعَبْدُه وَ رسوله

Ašh hadu al-lā ilāha illā-llāhu, wa ašh hadu anna Muhammadun ‘abduhu wa rasūluhu
I bear witness that none is worthy of worship but Allah, the One alone, without partner, and I bear witness that Muhammad is His servant and Messenger


As-Salāmu `Alaykum (السلام عليكم):

Akhi Muhammad Aseem:

Your article was well written and illuminating. Are you the source of that article?

Also besides the following Islamic Financial institutions are there others that are financial sound and trustworthy?

If anyone can banks you have personal experiences with it would be helpful.


Jazakillahu Khair

I hope this list is of some benefit.

Australia
Islamic Investment Company, Melbourne.

Bahamas
Dar al Mal al Islami, Nassau
Islamic Investment Company Ltd, Nassau.
Masraf Faisal Islamic Bank & Trust, Bahamas Ltd.

Bahrain
Albaraka Islamic Investment Bank, Manama.
Bahrain Islamic Bank, Manama.
Bahrain Islamic Investment Company, Manama.
Islamic Investment Company of the Gulf.
Masraf Faisal al Islami, Bahrain.

Bangladesh
Islamic Bank of Bangladesh Ltd, Dhaka.

Denmark
Islamic Bank International of Denmark, Copenhagen.

Egypt
Albaraka Nile Valley Company, Cairo.
Arab Investment Bank (Islamic Banking Operations), Cairo.
Bank Misr (Islamic Branches), Cairo.
Faisal Islamic Bank of Egypt, Cairo.
General Investment Company, Cairo.
Islamic International Bank for Investment and Development, Cairo.
Islamic Investment and Development Company, Cairo.
Nasir Social Bank, Cairo.

Guinea
Islamic Investment Company of Guinea, Conakry.
Masraf Faisal al Islami of Guinea, Conakry.

India
Baitun Nasr Urban Cooperative Society, Bombay.

Jordan
Islamic Investment House Company Ltd Amman.
Jordan Finance House, Amman.
Jordan Islamic Bank for Finance and Investment, Amman.

Kibris (Turkish Cyprus)
Faisal Islamic Bank of Kibris, Lefkosa.

Kuwait
Al Tukhaim International Exchange Company, Safat.
Kuwait Finance House, Safat.

Liberia
African Arabian Islamic Bank, Monrovia.

Liechtenstein
Arinco Arab Investment Company, Vaduz.
Islamic Banking System Finance S.A. Vaduz.

Luxembourg
Islamic Finance House Universal Holding S.A.

Malaysia
Bank Islam Malaysia Berhad, Kuala Lumpur.
Pilgrims Management and Fund Board, Kuala Lumpur.

Mauritania
Albaraka Islamic Bank, Mauritania.

Niger
Faisal Islamic Bank of Niger, Niamy.

Philippines
Philippine Amanah Bank, Zamboanga.

Qatar
Islamic Exchange and Investment Company, Doha.
Qatar Islamic Bank.

Saudi Arabia
Albaraka Investment and Development Company, Jeddah.
Islamic Development Bank, Jeddah.

Senegal
Faisal Islamic Bank of Senegal, Dakar.
Islamic Investment Company of Senegal, Dakar.

South Africa
JAAME Ltd, Durban.

Sudan
Bank al Baraka al Sudani, Khartoum.
Faisal Islamic Bank of Sudan, Khartoum.
Islamic Bank of Western Sudan, Khartoum.
Islamic Cooperative Development Bank, Khartoum.
Islamic Investment Company of Sudan, Khartoum.
Sudan Islamic Bank, Khartoum.
Tadamun Islamic Bank, Khartoum.

Jersey
The Islamic Investment Company, St Helier.
Masraf Faisal al Islami, St Helier.

Switzerland
Dar al Mal al Islami, Geneva.
Islamic Investment Company Ltd, Geneva.
Shariah Investment Services, PIG, Geneva.

Thailand
Arabian Thai Investment Company Ltd, Bangkok.

Tunisia
Bank al Tamwil al Saudi al Tunisi.

Turkey
Albarakah Turkish Finance House, Istanbul.
Faisal Finance Institution, Istanbul.

U.A.E.
Dubai Islamic Bank, Dubai.
Islamic Investment Company Ltd, Sharjah.

U.K.
Albarakah International Ltd, London.
Albaraka Investment Co. Ltd, London.
Al Rajhi Company for Islamic Investment Ltd, Lond
 

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