WELCOME TO BONDLADYS CORNER...WE CARRY ON HER CUSTOM OF MAKING THIS SITE YOUR 24 HOUR A DAY IRAQ NEWS ARTICLE SOURCE

THANK YOU FOR YOUR CONTINUED SUPPORT OF OUR LADY.


You are not connected. Please login or register

Arabs balances in Switzerland .. 200 billion dollars (PFP)

Go down  Message [Page 1 of 1]

dealerdean


ADMINISTRATOR
ADMINISTRATOR

The financial report revealed that the assets of the Arabs in Swiss banks amounted to about $ 200 billion, and the site was based on "to AVI Echo" in determining the numbers on the stats for Arab Swiss Chamber of Commerce and Industry.


The report stated that "funds Arabs grace invaluable in Swiss banks, which were opened in front of Islamic finance products as a substitute for wealth funds undeclared." and added that "the increasing pressures in the financial community in Switzerland to end the fund management is declared on behalf of the principle of banking secrecy, encouraged recourse to the (Islamic banking)., he noted, "was set up training institute for Islamic finance as a crucial step towards the development of this sector in Switzerland. Where confirmed Arab Chamber Swiss Trade and Industry that Geneva has strengths and skills required to become a center for Islamic finance sustainable in Europe. " The site that "the assets of Islamic banks in the world up today to around about 1550 billion dollars and is likely to reach one trillion and $ 800 billion in the end of 2013 is approaching this from barrier 2 trillion dollars. " and quoted the Deputy Secretary General of the Chamber of Arab Swiss Ayman Abu al-Khair, "The expansion of Islamic banks began since the eighties with the creation of DMI, with a capital of 3.5 billion dollars." On the other hand, launched the banks UBS and Credit financial instruments for investments that comply with Islamic law., is expected to exceed the assets of Islamic banks. Finished / 3
[You must be registered and logged in to see this link.]

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum