Could anybody help me out to get a copy of AAOIFI's Banking Standards

http://www.aaoifi.com/

Call it alpha only capital for joint venture with NO attachments to anything resembling liquor, gambling or interest earned as a result of

In a one sentence explanation.

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http://en.wikipedia.org/wiki/Islamic_Bank_of_Britain>

 

What is Sharia law?

Under Sharia Islamic law, making money from money, such as charging interest, is usury and therefore not permitted.

Wealth should be generated only through legitimate trade and investment in assets.

But investment in companies involved with alcohol, gambling, tobacco and pornography is strictly off limits.

 

http://news.bbc.co.uk/1/hi/business/3548656.stm>

 

http://www.cpifinancial.net/v2/news.aspx?v=1&aid=1387&sec=Islamic%20Finance>

 

That should help you get going in the right direction (1 of 2)..

Good Luck, JW

 

on the islamic details you will find links also at:

http://sapphirecapital.proboards101.com/index.cgi?board=islamfinance

I've launched a few Shariah compliant vehicles....the measures you have to take to make something shariah compliant can be quite "interesting"!

24th-25th February 2009 | The Landmark, London
8th Annual Islamic Finance Summit



The biggest event in the Islamic Finance calendar is back for 2009- Euromoney Seminars' Islamic Finance Summit...



Finding several Shari' ah Scholars in one room is a rarity but this summit has attracted a remarkable list of Shari' ah Scholars including:


Sheikh Hussain Hamed Hassan - Dr. Mohamed A. Elgari -

Sheikh Nizam Yaquby - Dr. Muhammad Imran Ashraf Usmani

Sheikh Esam M.Ishaq - Dr. Mohammed Daud Bakar -

Mufti Adbul Kadir Barkatulla - Dr. Mohamad Akram Laldin



These excellent speakers combined with a packed agenda and three separately bookable workshops makes this a must attend event.

The Dubai government and Shariah Capital have launched an Islamic commodities hedge fund index, calling it the first of its kind.

The Dubai Shariah Hedge Fund Index includes as constituents four funds, part of the DSAM Kauthar Commodity Fund. The four funds each received US$50 million from the Dubai Multi Commodities Centre Authoritythe government agency working with Shariah Capital to create the indexand are constituents of the Al Safi Trust, the shariah-compliant hedge fund platform established last year by Barclays and Shariah Capital.

The four funds will invest in gold, energy, natural resources and mining, the DMCC and Shariah Capital said.