Website: www.ta-holding.com
TAMWEEL AFRICA Holding Company (TAH) is a limited company with its head office located in Dakar. It was created in 2009 by the Islamic Corporation for the Development of the Private Sector. TAH has a portfolio of four banks in Guinea, Mauritania, Niger and Senegal.
The mission is to promote Islamic finance in sub-Saharan Africa by building modern, dynamic and strong Shariah compliant banks as a key contributor to socioeconomic development in the countries in which it operates.
Tamweel Africa Holding’s core values are:
Website: www.big-bank.com
Banque Islamique de Guinée (BIG) is the first private bank in Guinea. It was incorporated in 1983 by Dar Al-Maal Islami (DMI). Upon the exit of founder shareholder DMI, Tamweel Africa Holding, a wholly-owned subsidiary of the Islamic Corporation for the Development of the Private Sector, stepped in to replace DMI.
MISSION
Our mission is to offer corporates, traders and other individuals modern and competitive banking services in total conformity with the prescriptions of the Islamic law.
DEVELOPMENT STRATEGY
Our development strategy will focus on two segments of the banking market, retail and corporate, to accompany our customers in their development and projects.
PRODUCTS AND SERVICES
BIG offers a broad range of banking services. The main activities are credit allocation, offering payment methods, trade finance transactions, funding real estate property projects and international banking facilities.
Website: www.bim-bank.mr
Banque Islamique de Mauritanie (BIM) was created in 2011 by Tamweel Africa Holding, a wholly-owned subsidiary of the Islamic Corporation for the Development of the Private Sector.
OBJECTIVES
To become the bank of first choice for our customers by offering a range of products and services that meets their needs.
MISSION
DEVELOPMENT STRATEGY
Our development strategy is focused on two segments of the banking market: (1) corporate and SMEs and (2) retail.
PRODUCTS AND SERVICES
BIM offers a range of Shariah compliant banking products and services like Murabahah, Ijarah, Mudarabah and also payment means, international transfers, letters of credit, letters of guarantees and advisory.
Website: www.bin-bank.ne
The Islamic Bank of Niger (BIN) is a limited company which was created in 1983. BIN replaced Massraf Faycal Al Islami Niger in 1990 and is an affiliate of the Islamic Development Bank (IDB) and Tamweel Africa Holding, a holding company wholly owned by the Islamic Corporation for the Development of the Private Sector of the IDB Group.
MISSION
Our mission is to contribute to the economic and social development of Niger through a range of financial products and services – modern, competitive banking services that are in total conformity with Islamic principles.
DEVELOPMENT STRATEGY
Our development strategy will focus on two segments of the banking market, retail and corporate, to accompany our customers in their development and projects.
PRODUCTS AND SERVICES
BIN offers a broad range of banking services. The main activities are credit allocation, offering payment methods, trade finance transactions, funding real estate property projects and international banking facilities.
Website: www.bis-bank.com
The Islamic Bank of Senegal (BIS) is a banking institution created in March, 1982. It started its activities in September 1982 under the name of Massraf Faycçal Aal Islam (MFI). Following a restructuring intervened in February 1996,; it became the Islamic Bank of Senegal (BIS).
MISSION
Our mission is to contribute to the economic and social development of Senegal through a range of financial products and services –, modern and competitive banking services that are in total conformity with the prescriptions of the Islamic law.
DEVELOPMENT STRATEGY
Our development strategy will focus on two segments of the banking market, "Rretails" and "Ccorporates", to accompany our customers in their development and their projects.
PRODUCTS AND SERVICES
BIS offers a broad range of banking services. The main activities are credit allocation, offering payment methods, trade finance transactions, funding real estate property projects and international banking facilities.
Website: https://cms.law/en/INT/global-reach/Africa
Taking advantage of world-class business opportunities in Africa requires guidance through the diverse challenges of this vast continent and its 54 countries. In over 50 years, CMS legal specialists have developed a track record of doing significant deals in Africa, helping clients meet their business objectives and implement projects in often complex legal environments. We know the legal systems, the economies and the professionals on the ground.
With specialist Africa teams based in France, Germany, Portugal, the UAE and the UK as well as offices in Algiers and Casablanca and a well-established association with a law firm in Angola, we can provide you with coordinated and multi-jurisdictional advice in all aspects of contentious and non-contentious matters, including Islamic finance, foreign direct investments, joint ventures, private equity, mergers, acquisitions and disposals as well as infrastructure and energy projects. They can also guide you in all tax, foreign exchange, employment, financial and real estate issues. If you are involved in a dispute, we can support you through the various resolution procedures or litigation action, including under arbitration rules specific to Africa.
Ranked as a top 10 global law firm, CMS can work for you in 34 countries and from 60 offices worldwide. Approximately 3,200 CMS lawyers offer business-focused advice tailored to your needs, whether in your local market or across multiple jurisdictions.
Websites:
https://cms.law/en/INT/
https://cms.law/en/jurisdiction/global-reach/Africa
Website: www.corisbank-baraka.com/
In order to continuously innovate and respond to market demand, Coris Bank International launched Coris Baraka in July 2015, a subsidiary entirely dedicated to Islamic finance activity. Coris Bank’s ambition is to become the preferred partner for Islamic financial products and services.
With a solid financial base, a wealth of diversified expertise and modern tools, Coris Bank International is a commercial bank committed to serving and satisfying its customers and partners. Already present in Burkina Faso, Côte d’Ivoire, Mali and Togo, the bank is preparing to open branches in Benin and Senegal.
With complementary business such as insurance, exchanges and asset management, the Coris Group provides its clients with full support for all their financial needs and projects.
Website: www.ddcap.co.uk
Founded in 1998 and headquartered in London, with an office in Dubai and a presence in both Saudi Arabia and Malaysia, DDCAP provides asset facilitation services to over 300 financial sector clients worldwide.
DDCAP is majority-owned and controlled by IPGL, a private holding company with an interest in a number of financial services companies. IPGL is also a significant shareholder in NEX Group (previously ICAP), a leading markets operator and provider of post-trade risk mitigation and information services.
DDCAP has an extensive track record within the Islamic finance industry, employing over 35 professionals with broad and complementary skill sets drawn from diverse financial industry backgrounds.
DDCAP has its own Shariah supervisory board comprising esteemed Shariah scholars from Saudi Arabia, Malaysia and Kuwait.
DDCAP recently announced the launch of its multi-award-winning Shariah compliant ETHOS Asset Facilitation PlatformTM, a bespoke, real-time trade and post-trade services platform providing 24-hour coverage, enabling clients worldwide to purchase from a diverse asset inventory, including commodities, via a secure, web-based portal.
Website: https://www.reit.ae/
Launched on the 28th November 2010, Emirates REIT is the UAE’s first Dubai Financial Services Authority-regulated REIT listed on NASDAQ Dubai and is now the world’s largest publicly listed Shariah compliant REIT in the world both by total assets and by market capitalization.
An ever-expanding entity, Emirates REIT has a portfolio value of AED2.7 billion (US$735.07 million) spanning over nine properties located in prestigious areas such as Dubai Marina, the Dubai International Financial Center, Sheikh Zayed Road and Dubai Media City.
Unique to Emirates REIT is the exclusive access to the UAE that we provide to investors, made possible by a decree issued by Sheikh Mohammed Rashid Al Maktoum.
A REIT, or a real estate investment trust, is a company that owns real estate properties and generates income from these properties. It allows anyone to invest in real estate in a safe and simple way: through the purchase of shares.
Website: https://www.eigertrading.com
Eiger Trading Advisors (Eiger) is a UK-based asset-trading and technology company founded in 2008, which specializes as an intermediary in Islamic financial products.
As a leading intermediary and technology provider within the commodity Murabahah space, Eiger has the unique capabilities to deliver Shariah compliant commodity trading solutions through the Eiger Trading Platform (ETP), a web-based trading system, that we tailor to our bank clients’ exact operational requirements.
The ETP automates the structuring and execution of Islamic banking products for wholesale and retail commodity-backed transactions, including two new enhanced modules:
Eiger is authorized and regulated by the UK’s Financial Conduct Authority, and is both a member of the London Metal Exchange and an associate of the London Platinum and Palladium Market.
Website: www.fitchratings.com
Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.
At Fitch, we have been providing independent and objective credit ratings to the Islamic finance market for over a decade. With a strong track record in Islamic finance, we rate more Islamic banks than any other global credit rating agency. We currently rate over 90 outstanding Islamic finance instruments worldwide and 30 Islamic finance-based issuers.
Fitch Group is a global leader in financial information services and is comprised of: Fitch Ratings, Fitch Solutions, Fitch Learning and BMI Research. With dual headquarters in London and New York, Fitch Group is majority-owned by Hearst.
For additional information, please visit www.fitchratings.com and fitchratings.com/islamicfinance.
Website: www.mislbd.com
Millennium Information Solution Limited is a leading software company with more than 18 years market presence in the Islamic solution and finance industry. Millennium brings together the talent and market potential of a group of dedicated software and business professionals led by specialists in the fields of Information Technology and Corporate Finance. Over the last decade, Millennium has established itself as a consistent and reliable software company through its commitment and dedication towards quality, innovation and customer satisfaction. The company focuses on solutions for Islamic Banking and Finance with its flagship product “ABABIL”, specializing in the area of Core Islamic Banking, and related functions of Islamic Finance, complying with Islamic Shariah and global rules and regulations. Ranked amongst the top ten global Islamic Banking Solution providers by Gartner Inc., USA, Millennium continues to serve some of the most renowned and prestigious banking and non-banking financial institutions in South Asia.
Following certified quality management systems, ABABIL has been benchmarked by IBM with proven flexibility to meet global demands. The solution has been designed from the ground up strictly conforming to AAOIFI guidelines, and keeping Islamic Shariah in perspective. With a robust architecture capable of easy integration between conventional banking systems and Islamic platforms, ABABIL continues to grow with experience and more successful stories to share.
Website: www.taibacapital.org
Taiba Capital is a public limited company with a share capital of CFA500 million (US$835,067). Its headquarters are located at 18 Boulevard de la Rébuplique, BP: 6253, Dakar, Senegal and is registered at the Registre du Commerce et du Credit Mobilier de Dakar under number SN DKR 2016 B 11774.
Taiba Capital is an asset management company, as described under paragraph 1 of Article 25 of Regulation N:02/2010/CM/UEMOA and represents a number of funds for third parties (unitholders). Its purpose is to manage one or a number of funds. It must be approved by the CREPMF.
Website: www.idbgbf.org
The IDB Group Business Forum – THIQAH – is the main window which acts as enabler and play facilitation and catalyst roles to connect private sector institutions in IDB Group member countries. The main objective of THIQAH is to establish a unique and innovative platform for dialogue, cooperation and inclusive partnership for business leaders committed to partnering in promising investment opportunities. THIQAH’s vision is to position itself as the leading business platform of the IDB Group serving the private sector in member countries and maximizing the achievements of successful investment projects. The primary focus is on maximizing cross-border investments among IDB Group member countries, with the support of IDB Group’s financial products and services (www.idbgbf.org).
Website: https://www.spglobal.com
S&P Global Ratings is the world’s leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than one million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global, which provides essential intelligence for individuals, companies and governments to make decisions with confidence.
Website: www.ddcap.co.uk
Founded in 1998 and headquartered in London, with an office in Dubai and a presence in both Saudi Arabia and Malaysia, DDCAP provides asset facilitation services to over 300 financial sector clients worldwide.
DDCAP is majority-owned and controlled by IPGL, a private holding company with an interest in a number of financial services companies. IPGL is also a significant shareholder in NEX Group (previously ICAP), a leading markets operator and provider of post-trade risk mitigation and information services.
DDCAP has an extensive track record within the Islamic finance industry, employing over 35 professionals with broad and complementary skill sets drawn from diverse financial industry backgrounds.
DDCAP has its own Shariah supervisory board comprising esteemed Shariah scholars from Saudi Arabia, Malaysia and Kuwait.
DDCAP recently announced the launch of its multi-award-winning Shariah compliant ETHOS Asset Facilitation PlatformTM, a bespoke, real-time trade and post-trade services platform providing 24-hour coverage, enabling clients worldwide to purchase from a diverse asset inventory, including commodities, via a secure, web-based portal.
Website: www.islamicfinancenews.com
Islamic Finance news is the industry's leading, capital markets focused, e-newsletter bringing you unrivalled editorial coverage every week on the global Islamic financial market.
This weekly newsletter provides insightful and intelligent editorial coverage from around the world helping you keep ahead. In addition to a comprehensive weekly review of all the stories from around the globe, interviews, forums, market statistics and data, key industry practitioners contribute via non-biased, educational and up-to-date country and sector reports, giving you a firsthand knowledge and understanding of the Islamic finance markets and instruments from an experts' point of view.
For a trial subscription, please contact +603 2162 7800 or email subs@IslamicFinancenews.com
Website: www.oxfordbusinessgroup.com/
Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic intelligence on the markets of Asia, the Middle East, Africa and Latin America.
OBG offers a comprehensive analysis of macroeconomic and sectoral developments, including banking, capital markets, energy, infrastructure, industry and insurance.
The group’s acclaimed economic and business reports are the leading source of local and regional intelligence, while its online economic briefings provide an up-to-date in-depth analysis. OBG’s consultancy arm offers tailor-made market intelligence and advice to firms operating in these markets and those looking to enter them.
Website: Information to be updated soon.
African Development Magazine (ADM) is a monthly knowledge-driven media publication focused on the development of the continent. ADM is partnering with change agents across the continent to provide measured leadership to promote sustainability for the resources, environment and African people. We are primed to ensure that 21st century Africa will bring about equitable use of the vast resources for the good of the majority of the vulnerable in Africa. ADM in collaboration with developments experts will be helping to shape the views and direction of government to entrench probity, human capital development and ideas that drive good governance. ADM operates from Nigeria, Ghana, Kenya and South Africa and is efficiently circulated across the continent and the globe. Our website, www.afrikandevelopment.net is an interactive platform for proffering alternative directions to solve myriad of problems confronting the continent. We are in partnership with institutions for deployment of the new economic order.
Website: www.an-nour.info
An Nour website is an Islamic platform which is about promoting Islam in Africa. The website is particular as it’s edited by young volunteers African people from various countries (Cote d’Ivoire, Ghana, Chad, Niger and Senegal). The innovation brought by this website is the young oriented content with menu like “Muslim Fashion” “Confidence” and others. According to Google and Facebook insights www.an-nour.info has around 65% users between 18 and 45 years old with almost 10000 pages viewed per month. We highlight all muslim Events in Africa with the best structured online community.
Website: businessislamica.com/
Launched in November 2006, Business Islamica is the first monthly magazine of its kind in the UAE, specifically covering all aspects of Islamic business and finance, both regionally and internationally.
The magazine’s objective is to spearhead awareness initiatives, heighten knowledge of its core principles and practices, as well as to feature the latest developments in this industry.
Our editorial covers interviews with key industry leaders, case studies, and includes features on a wide range of topics such as; Islamic Banking, Wealth Management, Takaful (Islamic Insurance), Islamic Retail Finance, Marketing and Branding of Shari’ah-Compliant products, Regulatory Issues, Islamic Business Challenges and Risk Management.
Website: voicesofleaders.com
Voices of Leaders (VL) is a global business network for top executives and companies to Meet, Share and Grow locally, regionally and internationally.
The data-driven business profiles allow you to Meet top executives across a wide variety of industries, sectors and countries. Share your business needs among members looking for specific business opportunities and Grow your business network at a local and international level, while increasing the possibility of creating synergies, and finding partners and investors.
VL is committed to giving leaders from around the world a voice and in response to the demands of the digital age, VL produces interactive ebooks on the countries visited and the networking events it covers.
