IslamicFinancing.com

Assalaam Alaikum

Should you have interest in making an offer, please contact us at: info@idcworld.com. All contacts will be held in strict confidence

Worldwide Marketing Opportunities

IslamicFinancing.com provides opportunities for developing a tragetted worldwide Internet Portal offering a full range of Islamic based services to individuals, institutions and corporations.  

IslamicFinancing.com can also be used  to introduce or reinforce a new global Internet banking, e-Commerce, or  marketing initiative within an existing international financial institution seeking to better serve the growing worldwide Islamic financing market.

Offering a unique yet significant generic message to the world, IslamicFinancing.com also offers outstanding potentials for rapid creation of a new form of "branded"  financial marketplace portal.  It can serve as a totally new Internet based financial or banking initiative for a new institution based on Islamic principals but focused on new forms of serving local as well as international communities.

For an overview of the growing importance of Islamic finance in the global economy, please see the brief article below.  

Rapid Growth of Islamic Finance

 in the Global Economy

A recent study by the Union of Arab Bank indicates that Islamic banking is one of the fastest growing banking industry segments worldwide,  with an annual growth rate for the past several years of over 17 percent.

In addition to the growth in pure Islamic banks, many global as well as traditional Arab region commercial banks  have expanded into offering Sharia-compliant financial products.

The Institute of Islamic Banking and Insurance in London indicates that the client base is not confined to Muslim countries only but also includes many areas of  Europe, the United States and the Far East.  With the growing interest in financial instruments acceptable within Islamic principals, many international commercial institutions throughout the developed world are also beginning to more actively participate in Islamic banking.

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Islamic financial institutions are also evolving sophisticated banking and investment instruments that are not only ethically based in Islamic Shariah principals but are also attractively profitable to both Muslims as well as non-Muslims.

In the increasingly important area of Project Finance, there are specially important and significant similarities  with Islamic financing principals and instruments.  This is because in project finance lenders assume significant risks more resembling the position of an investor than that of a typical commercial lender.  In this key point, project finance meets the key Islamic prohibition of paying or charging interest.

Another important point is that multilateral agencies such as the IMF, IFC and the World Bank have also incorporated certain Islamic banking instruments in their practices.

For example, the World Bank  under its Extended Cofinancing Operations program,  provided a guarantee against a 'Shariah event' in the 1.8 billion USD Hub River  independent power project in Pakistan. The Bank has also indicated its willingness to  fund projects on the Islamic principles of ijara (leasing) and musharika (partnership). 

The IFC is often involved in Islamic transactions including investments in mudaraba, which resemble mutual funds of western financial institutions.  Also, the important  Islamic Development Bank based in Saudi Arabia has created, among other investment support instruments, the Islamic Corporation for the Insurance of Investment and Export Credit, which provides export credit cover in keeping with Islamic principles.

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Please Contact Us

If interested in purchasing our domain name , please contact us at the following E-Mail address:

info@idcworld.com

All contacts will be held in strict confidence. 

Thank you for visiting our site.

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