• HSBC

Specialist presents future of online Islamic finance

  • United Arab Emirates: Tuesday, October 30 - 2001 at 12:58
  • PRESS RELEASE

Dr. Hasnita Hashim the CEO of IslamiQ - the specialized financial services provider and authority on Islamic investment services, will make a special presentation on the latest opportunities offered by IslamiQ's unique Islamic online financial services.

The presentation will cover up-coming plans to establish IslamiQ as the world's first Islamic E-Bank. The presentation is open to the public, and will take place in Dubai, on Saturday the 3rd of November at 6.30pm, at the Towers Rotana Hotel, Sheikh Zayed Road.

Dr. Hashim shot to fame eight years ago as chief executive of an Islamic financial services company in Malaysia. Over 24 months, she transformed a joint venture company with only $500,000 of capital, into an organisation handling $1 billion worth of transactions. In 2000, she then launched IslamiQ which has concrete plans to expand its investment services into a comprehensive Islamic E-banking solution by 2002.

The Islamic community has approximately $150 billion invested in Islamic capital markets worldwide, and this figure is expected to increase 20% annually. The Dubai Presentation will demonstrate the confident growth of IslamiQ since its launch in August 2000 and its success in Islamic finance in the USA and Europe. The company is now positioned as the leading provider of online Islamic finance and investment services internationally.

ENDS


 
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Notes and Media Contacts »

IslamiQ was launched in March 2000, by Dr Hasnita Dato' Hashim, one of the pioneers of Islamic investment banking. The site offers information on and access to investment products that are in line with the principles of Shari'ah law.

IslamiQStocks.com was launched in August 2000 and is the first website to offer a comprehensive "stocks screening service" across several key exchanges according to Shari'ah Law.

IslamiQFunds was launched in October 2000 as part of IslamiQStocks and offers a range of Islamic investment funds in a single site. The IslamiQFunds service is the first online funds supermarket dedicated to Islamic products.

The IslamiQ Zakah Payment Gateway was launched in November 2000, providing Muslims with comprehensive information about Zakah, as well as a "Zakah Calculator". This service assists donors to pay the correct amount of Zakah, as well as allowing them to send their donations directly to a charity of their choice.

In February 2001, IslamiQ introduced, through a partnership with Trade.com, the first integrated Islamic brokerage service TradeIslamiQ, allowing IslamiQ members to screen, analyse and trade in US stocks.

IslamiQ launched ScreenIslamiQ Subscription Service in August 2001, allowing investors to verify the Shari'ah permissibility of 8,000 stocks, across the NYSE, NASDAQ, American Stock Exchange and London Stock Exchange. This is first service, which allows investors to screen their portfolio of equities according to the principles of Shari'ah.

Visit us at www.IslamiQ.com

Issued on behalf of IslamiQ by Zeidan Consultancy, Dubai, UAE,
Tel: 9714-3315725, Fax: 9714-3315724,
URL: www.zeidan.net

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