Germany

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Roadshow in Germany - Berlin, Heilbronn, München

Meine erste Roadshow zum Thema Finanzen für Muslime in Deutschland nach einer Reihe von Vorträgen in der Schweiz - freue mich auf rege Teilnahme und bitte die Info weiterleiten - hier die Orte, Uhrzeit und je nach Standort Möglichkeit zur
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Buchvortrag Berlin "Islam, Geld und Wohlstand" am 10. Januar 2023 um 19:30 in Berlin
mit anschliessender Gelegenheit zur Buchsignierung:
Wo?
Arresalah e.V. Moschee,
Turmstraße 83, 10551 Berlin

Themen:
Islam, Geld und Wohlstand – das Finanzbuch aus islamischer Sicht: Warum macht das Zinsverbot Sinn? Wie wirken Schulden für Arme und Reiche? Wie geht ein Muslim mit Schulden um? Wird Vermögen positiv oder negativ gesehen? Wie Geld erwerben, bewahren und ausgeben? Was ist Geld, was sind Kryptotoken? Welche Meinungen vertreten Gelehrte zum Hauskauf? Welche Aktien kommen infrage? Sind Versicherungen islamkonform? Wie wird die Sozialabgabe Zakat berechnet? Welche Aspekte gibt es bei Nachlassplanung und Testament? Für Muslime und alle, die offen und interessiert sind.

Podiumsdiskussion am 11.1.2023 um 18.00 Uhr in Berlin in der Katholischen Akademie

Hier die Infos vom Veranstalter:

"Gott und Geld

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Arabic: Sustainable Development Key Performance Indicators (SD-KPIs)

Sustainable Development Key Performance Indicators (SD-KPIs) are three particularly material environmental, social and governance (ESG) indicators for the expected business development of 68 different sectors.

The copyrighted SD-KPI Standard 2016-2021 was published by SD-M® on behalf of the the Federal Ministry for the Environment (BMU) and with support of the Sustainability Accounting Standards Board (SASB). A Japanese, Chinese and Arabic translation is also available:

https://www.sd-kpi.com/files/SD-KPI_Standard_2016-2021_Arabic.pdf

According to the BaFin Guidance Notice on Dealing with Sustainability Risks, ESG risks should be strategically considered, e.g. by means of SD-KPI Standard 2016-2021. The Guidelines (German) to the Sustainability Code of the German Council for Sustainable Development recommend the SD-KPI Standards for materiality analysis.

The Big Six® are the six most important challenges for sustainable development in 21st century:

climate change
freshwater scarcity and pollution
deforestation and desertification
absolute poverty
loss of biodiversity
population growth and migration

One of Germany’s senior Muslim diplomats, Murad Hoffman, returns to his Lord

The well-known scholar and diplomat, Murad Hoffman, has passed to meet his Lord. May Allah have mercy upon him. Murad Hofmann was born a Catholic in 1931 in Aschaffenburg, Germany. He later studied at the University of Munich and Harvard University. Hofmann converted to Islam in 1980 as a result of witnessing the Algerian War of Independence, in addition to his admiration of Islamic art. His reversion was met with political resistance due to his high profile in the German government. Hofmann served as a diplomat for Germany for 33 years, beginning in 1961. He served as ambassador to Algeria and Morocco from 1987 to 1994, and was director of information for NATO.

Here’s why regulators are so worried about Facebook’s digital currency

Policymakers around the world have upped the pressure on libra, the digital currency being introduced by Facebook, amid concerns it could heavily disrupt the global financial system. It appears to be a running theme from a number of regulators and lawmakers, who worry libra would compete with government currencies. That’s because Facebook is such an influential platform, with more than 2.4 billion monthly active users as of July 2019.

New Islamic banking service to be launched in Germany

AlBaraka Türk launches basic online Islamic account services in Germany utilizing solarisBank as service provider and license holder.

The First Investor acquires another #German asset

The First Investor (TFI) Qatar, a subsidiary of Barwa Bank Group has acquired a new office building in Frankfurt. The asset is another unique blend to TFI Euro Income Fund, which was launched in 2017 with sharia compliant stature. Europe continues to provide excellent investment and business environments given low inflation and low interest rate regime. TFI is keen to pursue its investment strategy with the aim to help clients achieve their objectives in a very challenging business environment. By that, TFI will soon launch another UK Income Fund and a US Income Fund together with many investment opportunities during 2018.

#Gulf #Islamic #Investments acquires two logistics facilities

The Gulf Islamic Investments, a Islamic financial services company based in the UAE, has revealed the acquisition of nearly one million square feet of logistics facilities on behalf of its investors, at the price of 144 million US-Dollar. The two state of the art logistics centres, are located in Dortmund Germany, and serves as key logistics centre of Amazon supplying goods to 29 other facilities. These newly built facilities are leased out to Amazon on a long-term lease that cannot be cancelled with regular rental uplifts linked to Germany CPI.

#NCB Capital #launches Pan European #Real #Estate #Fund

NCB Capital, Saudi Arabia’s leading provider of wealth management and investment services, and the Kingdom’s largest asset manager, has announced the launch of its Pan European Real Estate Fund with more than $150 million raised through a private placement.
NCB Capital has partnered with Fidelity International, a leading global asset manager, to invest in commercial properties, including office, retail, logistics/industrial and mixed use, located in key European property markets including France, Germany, Benelux and the United Kingdom. Favorable currency conversion rates, robust legal and regulatory environments, coupled with consistent growth expectations of the core European economies make this an opportune time to invest in a solid real estate market.

Certified Expert in Islamic Microfinance

in September 2016:

In the growing area of Islamic microfinance, a diverse skillset is required. Professionals have to be knowledgeable in traditional retail banking, in the ethics of Islamic finance and in the relevant compliance and regulation issues. In order to provide you with the necessary skills and know-how to become a well-rounded Islamic microfinance professional, we have designed the certification course ‘Certified Expert in Islamic Microfinance’. This e-learning course was jointly developed by a team of experts from the Frankfurt School of Finance and Management, Islamic Relief Worldwide, and the Islamic Relief Academy. This combination of expertise provides you with the opportunity to have a rich learning experience based on the broad knowledge of diverse, highly qualified professionals.

This 6-month certification course is designed to be a part-time training, offering you the flexibility to follow your own schedule and the ability to combine daily work with your professional development.

The "Certified Expert in Islamic Microfinance" was funded with UK aid from the UK government.

Governing Islamic financial institutions

The financial services industry is a highly-regulated industry due to the mobilisation of investors, depositors and policyholders, that is, public funds. Significant public trust demands proper supervision and monitoring of financial services and, hence, the promulgation of statutes, statutory provisions, guidelines and circulars with direct supervision from financial authorities. Soundness and stability of the financial system are the universal concern of all financial authorities, as specified by World Bank Financial Soundness Indicators (FSIs). With regards to regulation of Islamic financial institutions and services, various jurisdictions present different forms of regulatory framework. Variations of such framework are attributed to a country’s specific approach to the adoption of Islamic financial institutions, in particular, and embracing of the Islamic financial system, in general. A social choice to regulate significantly depends on the types of government financial systems and their perspectives on financial liberation, as well as either having a banking (such as Germany) or capital market (such as the United States) orientation.

An interview with the Eurozone’s first Islamic bank

KT Bank AG, a subsidiary of Kuveyt Türk Katilim Bankasi A.S., is the first Islamic bank in the Eurozone. CEO Kemal Ozan said his bank has officially established a previously unknown business model in this region. As location for the registered office he chose Germany where only 5% of the German Muslim population adheres to Islamic banking. When this is measured against the number of more than four million Muslims in Germany, a huge growth potential can be anticipated. The economic exchange between Germany and the Gulf region opens new opportunities for the mid-tier segment with regard to sales markets, and for Europe as a recipient for Arabic investors. In this respect KT Bank AG wants to serve as a bridge between Germany and the MENA region.

QInvest net profit up 69 percent in third quarter

QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial institutions globally, yesterday announced that its net profit for the third quarter grew 69 % to $33.8m while revenues jumped 37 % to $78.7m.

“We are very encouraged by our performance during the third quarter of 2015. With our commitment to drive growth and innovation across the business, we have continued to source new opportunities, strengthen our brand and deliver positive returns. Whilst we expect on-going market volatility and economic challenges to remain present, we are confident on the outlook for the business. We have an exciting active pipeline of deal flow and a unique market position to leverage investment opportunities across the GCC region and selected markets in Europe, Asia and the US” said Tamim Hamad Al Kawari, CEO of QInvest.

QInvest net profit up 69 % in third quarter

QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial institutions globally, yesterday announced that its net profit for the third quarter grew 69 % to $33.8m while revenues jumped 37 % to $78.7m.

“We are very encouraged by our performance during the third quarter of 2015. With our commitment to drive growth and innovation across the business, we have continued to source new opportunities, strengthen our brand and deliver positive returns. Whilst we expect on-going market volatility and economic challenges to remain present, we are confident on the outlook for the business. We have an exciting active pipeline of deal flow and a unique market position to leverage investment opportunities across the GCC region and selected markets in Europe, Asia and the US” said Tamim Hamad Al Kawari, CEO of QInvest.

University for refugees launches crowdfunding campaign

Kiron University, a social enterprise company headquartered in Berlin, will offer refugees a two-year online programme in partnership with providers of Moocs (massive open online courses), followed by one or two years at a partner institution. Students will be awarded a double degree, from both institutions. Several universities in Germany have signed up to the initiative. The organisation is in the process of seeking more partners in the UK, before rolling it out to other countries in Europe. It is targeting about 400,000 refugees in Europe, and so far 15,000 have signed up to start the programme in October.

pbb provides Sharia compliant investment facility for Sedco

pbb Deutsche Pfandbriefbank has agreed a € 76 million medium-term refinancing facility for Sedco Capital, advised by LaSalle Investment Management, for a mixed-use portfolio located predominately in Berlin. pbb is acting as sole lender and hedge provider for the facility. The mixed-use portfolio consists of eight German assets with a total lettable area of 65,770 sqm. Four of the largest assets, in terms of value, are located in Berlin and represent 75% of the portfolio's value.

MICROFINANCE EVENT: Women’s World Banking (WWB) Presents Making Finance Work for Women Summit, November 11-12, 2015, Berlin, Germany

The event "Women’s World Banking (WWB) Presents Making Finance Work for Women Summit, November 11-12, 2015, Berlin, Germany" is going to take place on November 11-12, 2015 in Berlin, Germany. The Making Finance Work for Women Summit is a two-day event that will focus on how women’s access to financial services relates to economic opportunity and macroeconomic growth. Sessions will cover best practices to serve the women’s market for financial services. The fee to attend the event is USD 500.Find more information on http://www.womensworldbanking.org/summit/.

Iran, Germany to establish joint banking committee

The German and Iranian governments have decided to establish a joint banking committee. Officials from Berlin and Tehran will come together in September for the first meeting of the committee. The decision came after Iran and the five permanent members of the U.N. together with Germany came to an understanding in the nuclear negotiations on July 14. Additionally, the U.N. Security Council unanimously accepted the draft resolution, which approves the nuclear agreement and stipulates the U.N. sanctions on Iran will be gradually lifted. $700 million of Iran's frozen assets abroad will be released every month after the sanctions are lifted. It is estimated that the total amount is around $150 billion.

Kuveyt Turk starts operation in Frankfurt

Kuwait Turkey Bank (Kuveyt Turk) opened a branch in the German city of Frankfurt on Tuesday to be the first Islamic financial institution in the Eurozone. Hamad Al-Marzouq, Board Chairman of Kuwait Finance House (KFH), which owns the largest share in Kuveyt Turk, said he was proud to see the first Islamic bank operational in the eurozone. Kuveyt Turk seeks to encourage five million Muslims as well as non-Muslim clients in Germany to use the bank's services, he said. Kuveyt Turk was active in the German market since 2004 but was only capable of practicing partial banking operation in 2010. It was allowed to carry out full banking services in Germany last year.

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IslamicFinance.de congratulates KuveytTürk Germany for obtaining full banking license

Kuveyt Türk Participation Bank has been licensed by the Federal Financial Supervisory Authority (BaFin) to offer banking services in Germany. Thus, the first bank based on an interest-free Islamic business model is licensed in Germany.

Kuveyt Türk has obtained its license from the Federal Financial Supervisory Authority (BaFin) to provide fully-fledged banking services in Germany according to the interest-free Islamic banking principles. Kuveyt Türk is the first Islamic bank that has been fully licensed to operate its deposit and debt business in Germany. With this license, Kuveyt Türk is the pioneer that introduces the Islamic banking model in Germany.

KT Bank AG with headquarters in Frankfurt am Main and as a 100 percent subsidiary of Kuveyt Türk Participation Bank, will start to offer its reliable, high-quality, fast and user-friendly services from July 01, 2015 onwards. KT Bank AG will provide its private and commercial clients with products and services according to interest-free Islamic banking principles.

“KT Bank AG is an ethical, innovative and socially responsible bank”

Germany's GIZ looks to break Islamic microfinance shortfall

A series of German-funded studies and pilot projects aims to bridge the gap between Islamic finance and microcredit, to the benefit of communities in developing countries. Expanding the appeal of Islamic microfinance is crucial for an estimated 650 million Muslims who live on less than $2 a day, according to the Washington-based Consultative Group to Assist the Poor (CGAP). The German government's international development agency GIZ is helping to develop regulations, education and training for Islamic microfinance in developing countries. A study of Islamic microfinance products by GIZ and CGAP aims to identify ways to lower costs, while a separate GIZ study is exploring demand factors.

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