Resources - Islamic Financial Institutions
Here is a long list of web sites that would help you with information, products and services in Islamic Banking, Finance, Investment, and Insurance.
- Islamic-Banks-Mortgages.com This is a UK based site with lots of useful information on Islamic banking, finance and mortgage.
- Islamice Finance A comprehensive site from Germany with a lot of information on web sites, institutions, regulations, and much more. Highly recommended!
- Islamic Development Bank - IDB This is a bank formed by the Organization of Islamic Conference - OIC, and does financing for development projects, but on the level of countries and governments, not for individuals or companies.
- Islamic Research and Training Institute (IRTI) A member of the Islamic Development Bank Group focusing on Research and Training in Islamic Finance and other areas.
- Al Barakah based in Saudi Arabia, and operates several worldwide subsidiaries.
- The Muslim Student Association has a list of Islamic Financial Institutions covering mainly North America (USA and Canada).
- The National Commercial Bank in Saudi Arabia has some Islamic Financial Products. The site also offers some useful explanations on Commercial Islamic Terms (such as Ijara, Istisnaa, Murabaha, Musharakah, ...etc.
- Islamic-Finance.com Web Site. This site has a list of several Islamic Institutions. It also has a concise, and fairly complete, overview of types of Contracts (Transactions) in Islam.
- Islamic Banking Software Project has a demo of online banking software.
- Takaful USA Provides Takaful based Sharia compliant insurance.
- Amana Takaful Based in Sri Lanka provides Takaful based Sharia compliant insurance.
- Cupola Based in Switzerland, they advertise an Islamic Investment on their web site. They seem to be geared more towards high networth individuals, since they list among their services:
- Islamic portfolio planning
- Saudi and GCC private investment analysis
- MSI Financial Loans, Mortgage and more...
- An-Nur Cooperative Corporation Ltd. An interest free, Riba-free investment cooperative in Toronto, Canada. They intend to provide RESP and RRSP in the future. Suite #209, 100 Mclevin Ave. Scarborough, Toronto, Canada, M1B-5K1. Phone: 416-754-4135, Fax: 416-754-0838
- No Riba Homes Loans, Mortgage and more...
- American Finance House, also known as LARIBA.
- Lariba.ca offers RRSPs, house financing and loans.
- AMIN - American Muslim Investors Network
- Ansar Finance Based in Manchester, U.K. provides loans, mortgage, and investment.
- Islamic Investment Banking Unit - IIBU Based in the United Kingdom. Their Sharia Advisory Board is composed of two well-respected and famous scholars, namely: Muhammed Taqi Usmani and Nizam M.S. Yaquby, both are on the Dow Jones Islamic Index Sharia Advisory Board. Their products are classified into two main areas:
Products for U.K. Residents: