The German Mannheim is soon to be opened first on the territory of Germany”s Islamic bank, which will operate under the ethical rules of the Quran, reports The Lockal.
Opening bank Kuveyt Tuerk Beteiligungsbank, whose main offices are located in Kuwait andfccTurkey, scheduled for March 2010. It is expected that gradually the number of German subsidiaries could increase to ten.
Islamic bank in Mannheim will focus primarily on work with private clients. It is noted that in the north of Germany is already working Iranian bank, but he works primarily servicing large export operations.
writes The Lockal, Islamic banks, which are guided by ethical principles of the Koran, do not set Judgment interest, instead, customers make a simple payment, and do not invest in businesses and companies whose activities are contrary to Islamic regulations.
In particular, the Islamic banks do not invest in companies that are associated with the production and marketing of alcohol, pork or weapons. Risky speculation and investment is also not welcome.
representatives are located in Frankfurt Institute for Islamic banking and finance are hoping that such adherence to ethical standards in the future be able to attract Kuveyt Tuerk Beteiligungsbank customers not only Muslims. In addition, it is noted that the opening of a network of Muslim banks in Germany would help integrate Muslim immigrants into German society.
Ulyukayev: Inflation in Russia in 2010 will not rise above 7%In the ranking of economic freedom of Ukraine was on the level of AfricaIn Kiev in 2009, the number of crimes increased by 36,6% - to 34.944 thousandSamsung has agreed to pay Rambus the company $ 900 million in pre-trial settlement“Ukrzaliznytsya” looks forward to a fourfold reduction in annual payments on the loan BarclaysGoskosmtat: Ukrainians are less likely to use fixed linePrices in Moscow are growing faster than the whole countryBarter Exchange Sterligova businessman filed a petition in bankruptcyThe government has introduced in the 2010/2011 MG state price regulation on milk powder and butter
In Germany, a network of banks appears to Muslims
The German Mannheim is soon to be opened first on the territory of Germany”s Islamic bank, which will operate under the ethical rules of the Quran, reports The Lockal.
Opening bank Kuveyt Tuerk Beteiligungsbank, whose main offices are located in Kuwait andfccTurkey, scheduled for March 2010. It is expected that gradually the number of German subsidiaries could increase to ten.
Islamic bank in Mannheim will focus primarily on work with private clients. It is noted that in the north of Germany is already working Iranian bank, but he works primarily servicing large export operations.
writes The Lockal, Islamic banks, which are guided by ethical principles of the Koran, do not set Judgment interest, instead, customers make a simple payment, and do not invest in businesses and companies whose activities are contrary to Islamic regulations.
In particular, the Islamic banks do not invest in companies that are associated with the production and marketing of alcohol, pork or weapons. Risky speculation and investment is also not welcome.
representatives are located in Frankfurt Institute for Islamic banking and finance are hoping that such adherence to ethical standards in the future be able to attract Kuveyt Tuerk Beteiligungsbank customers not only Muslims. In addition, it is noted that the opening of a network of Muslim banks in Germany would help integrate Muslim immigrants into German society.
Ulyukayev: Inflation in Russia in 2010 will not rise above 7%
In the ranking of economic freedom of Ukraine was on the level of Africa
In Kiev in 2009, the number of crimes increased by 36,6% - to 34.944 thousand
Samsung has agreed to pay Rambus the company $ 900 million in pre-trial settlement
“Ukrzaliznytsya” looks forward to a fourfold reduction in annual payments on the loan Barclays
Goskosmtat: Ukrainians are less likely to use fixed line
Prices in Moscow are growing faster than the whole country
Barter Exchange Sterligova businessman filed a petition in bankruptcy
The government has introduced in the 2010/2011 MG state price regulation on milk powder and butter