Islamic Real Estate Finance 2004 Keith Leach Senior Manager ABC International Bank PLC.

Slides:



Advertisements
Similar presentations
Oman: A scenic reality. Introduction of Islamic Banking In Oman: The Bank Nizwa Journey Understanding the reasons behind Governments inertia to allow.
Advertisements

Regulatory Aspects of Islamic Banking in the United States Fourth UC Berkeley Islamic Finance Forum UC Berkeley School of Law April 9, 2011 Greg Cavanagh,
Islamic Banking in the UK
Training in Islamic Finance – The Islamic Development Bank
Culturally Informed Banking: Shariah Compliance in Lewiston-Auburn Bates College Anthropology 339 Report to Androscoggin Bank November 9, 2009.
International Islamic Finance Forum Istanbul 28 September Shariah Compliance Services ----A Case Study The Yasaar Approach Majid Dawood CEO Yasaar.
Risk Management & Real Options Interlude The Link to Financial Options and Black-Scholes Stefan Scholtes Judge Institute of Management University of Cambridge.
An Overview of Sukuk: Size, Basics and the Role of Sharia Advisors
Islamic Finance in Europe Professor Rodney Wilson Banca d’Italia Seminar on Islamic Finance Rome, November 11 th 2009.
Copyright Majid & Associates, P.C - All Rights Reserved ISLAMIC REAL ESTATE FUNDS IN NORTH AMERICA OPPORTUNITIES AND PITFALLS Islamic Real Estate.
Islamic Bancassurance and Wealth Management
Islamic finance in the UK Presented by: Keith Leach Head of alburaq ABC International Bank plc.
1 Powering Financial Markets © Copyright 2011 Path Solutions All Rights Reserved i WINDOW Path Solutions i WINDOW Path Solutions.
Islamic Real Estate Securitisation Abradat Kamalpour Partner Dechert LLP London
Turkish-Arab Economic Forum Panel 6: Potential for Islamic Banking and “Sukuk” for Financing Major Projects in Turkey Hasan Genç Head of Enforcement Department.
Dr. Abd elrahman Elzahi Saaid Ali Economist Islamic Research and Training Institute, a Member of IDB Group.
Islamic Finance: An opportunity for Ireland Gary Tobin Department of Finance Jim Byrne Office of the Revenue Commissioners IBF Islamic Finance Seminar.
Prospects for Islamic Financial Services and Products Mahomed Faizal Dawjee Global Takaful Summit London 1 November 2007.
Development and Future of Islamic Banking in Turkey Abdullah Çelik CEO, Bank Asya.
INTERNATIONAL CENTRE FOR EDUCATION IN ISLAMIC FINANCE
Maximising tax efficiency 22 November 2006 Eleanor Watts.
Development of Islamic Finance in the UK Professor Humayon Dar Chairman, President & CEO Edbiz Consulting Ltd
Perspective of a European banking supervisory authority Michel CARDONA – General Secretary of the Credit Institutions and Investment Firms Committee (CECEI)
The 1st Islamic Finance Law Conference
Introduction Advent of ICT Increased integration of market Mobility of people for job and vacation Reach of satellite channels Internet Global Village.
Realtor Partnership Realtor Partnership. why islamic finance why islamic finance NJ is the fastest growing state for Muslims Muslims are significant home.
Islamic Retail Finance in North America A Discussion Outline for the Working Group on Islamic Retail Finance at Harvard University March 19, 2005 Yusuf.
Islamic Finance: Principles and practice
1 The conflict between the Shari’a and conventional business and finance laws – a practitioner’s perspective Richard T de Belder Partner Denton Wilde Sapte.
Islamic Retail Banking: The foundation of the Islamic Finance Industry Sultan Choudhury Managing Director Islamic Bank of Britain 24 th June 2011 The 4.
Islamic Banking in Italy: Regulatory issues Mohamad Bakkar 17 MARCH 2008 PALAZZO MEZZANOTTE – BORSA ITALIANA MILAN.
Islamic Finance LT Wesley A. Brown NS3041. Historic Foundations Shari’a -Tawhid (divine unity) -Khilafah (viceregency) -Adalah (justice) -Qirad (profit.
Yavar Moini Director - Islamic Banking Department International Conference on Affordable Housing & Mortgage Finance, May 28-29, 2015, Islamabad 1.
Islamic Finance: Sukuk – The Next Growth Market?
Welcome to class of Islamic Banking in Emerging Markets Dr. Satyendra Singh University of Winnipeg Canada
ISLAMIC MICROFINANCE: PROBLEMS FACED & THEIR SOLUTION Dr Mohammed Obaidullah Islamic Research & Training Institute Islamic Development Bank Group 9 th.
Keys to the Kingdom. Kathy Gregory Experienced entrepreneur Started a software company 15 years experience as a real estate agent VP of mortgage lending.
The Malaysian Islamic Capital Market
Actual trends and risks in the Slovak banking sector Štefan Rychtárik National Bank of Slovakia BACEE Country and Bank Conference Budapest, 14 – 16 November.
Trends in Retail Housing Loans - HFC’s Perspective Presented by: Anil Sachidanand (CEO - DHFL) NHB – CEO’s Meet 17 th March’ /26/2015.
Islamic Finance in Iraq -Preliminary Thoughts Iraq Finance – 19 September 2012.
Global Business Environment The Global business environment & its components.
The Business Research Company Financial Services.
Moving forward cross cultural branding of Islamic finance Paul WOUTERS CEO PT SENTUR i YON GLOBAL Venue: Ronald Reagan Trade Center – 1200 Pennsylvania.
Chapter 1 Overview of Real Estate Finance. Chapter 1 Learning Objectives Understand the relationship between finance and real estate Understand the relationship.
Directive on Services in the Internal Market Issues related to health services.
By Ron Anderson.  Middle Ages as early as the 7 th century  Islamic merchants became indispensable middlemen for trading activities  Principles adapted.
Www. yasaar. org © Yasaar Limited ISLAMIC RETAIL FINANCE 30 NOVEMBER 2004 Shariah - Compliance Demands Cohesion Majid Dawood,CEO,Yasaar Limited.
Islamic Banking Developments in the Domestic UK Market Presented by: Keith Leach Head of alburaq ABC International Bank plc.
National Financial Inclusion Strategies (NFIS) National Financial Inclusion Strategies play major roles in shaping policies and regulatory frameworks.
Global Edition Chapter 1 Analyzing the Marketing Environment.
Birmingham as a second city for Islamic Business: The Way Forward Panel Presentation Sultan Choudhury - Commercial Director Aston Business School 2 nd.
Cross-Border Supervision of Islamic Banks Ahmad Jachi First Vice Governor Banque du Liban Washington DC June 10, 2006 Sixth Annual International Seminar.
Investing in Iran’s Capital Market
By: Dr. Muhammad Imran Usmani Shariah Advisor Meezan Bank Ltd.
Islamic Retail Finance in North America
Global Edition Chapter 3
Islamic Finance in Europe
India’s Export and Imports
Islamic Financial Institutions
Shriram Finance Mortgage Loans. About Us Apply online for Shriram Finance Mortgage Loans in India. Compare Mortgage Loan interest rates from top banks.
Introduction to Sukuk: Definitions and Role in Economic Development
“Looking Forward, (No) Looking Back”
Major cross-border institutions and small regional entities
Real Estate Financing and Sukuk Dubai Islamic Bank PJSC
Welcome to class of Islamic Banking in Emerging Markets Dr
INVESTMENT - PURCHASE SALES-SHARE PROJECTS USA
Islamic Finance in Non-Muslim Countries: Sri Lankan Perspective
Chapter eight Types of Banks
Definition of Financial law
Presentation transcript:

Islamic Real Estate Finance 2004 Keith Leach Senior Manager ABC International Bank PLC

Islamic Real Estate Finance 2004 The UK Market At least 16 institutions Ahli United Bank, HSBC, UNB, Islamic House of Britain At least 7 UK Banks At least 5 UK Building Societies

Islamic Retail Banking in Non-Muslim Countries Muslims in the UK Total Muslim Population: 1.8 Million Pakistani Origin: 43% Bangladeshi Origin: 17% Indian Origin: 9% Others: 31%

Islamic Retail Banking in Non-Muslim Countries Market Preference Only Sharia’a Products Prefer Sharia’a Products Cheapest most Convenient Products

Islamic Retail Banking in Non-Muslim Countries Heightened awareness of Islamic Banking Increased demand for Islamic products More Islamic banks and finance companies Increased product development and sophistication Increased customer satisfaction More customers

Islamic Real Estate Finance 2004 The products available now Murabaha Ijara Diminishing Musharaka & Ijara Istisna

Islamic Real Estate Finance 2004 Residential Development Finance Istisna finance –Financier contracts with contractor –Financier contracts with customer –Difference the financier’s profit

Islamic Real Estate Finance 2004 The Summary Educate and build awareness Regulatory rules/laws the biggest hurdle New products needed to move things forward Increasing European cross border legislation likely to present further barriers Act now!

Islamic Real Estate Finance 2004 Keith Leach Senior Manager ABC International Bank PLC