After opening its first office in Paris, NoorAssur announced it had plans to open around 20 other branches in France in 2016. Launched in 2012, NoorAssur had been offering Shariah-compliant products online. In the UK Gatehouse Bank and Cobalt Underwriting remain busy closing Sharia compliant deals. »

A report produced by Deloitte highlights Islamic capital market developments in Europe. Analysis and discussion are formed around building case study scenarios for four potential European countries. The report also includes perspectives of prominent industry thought leaders and practitioners who shared their insightful views on the discussed issues. »

The development of Islamic finance in France is attributed to strong support by the French authorities, who have built an appropriate and friendly environment for such fi nance in this country. In December 2007, Paris EUROPLACE, the organisation that promotes the city’s role as a financial centre, established the Islamic Finance Commission. Since then, the French financial markets regulator, the A... »