9th Mar 2007 07:01
European Islamic Investment BankPLC09 March 2007 9 March 2007 EUROPEAN ISLAMIC INVESTMENT BANK PLC NOTICE OF PRELIMINARY RESULTS European Islamic Investment Bank Plc, the first independent, fullySharia-compliant investment bank to be authorised by the FSA, will be announcingits preliminary results for the twelve months ended 31 December 2006 on Monday12th March 2007. - END - Contacts: Fishburn Hedges Tel: +44 (0)20 7839 4321Michelle James Notes to editors: EIIB was incorporated in January 2005 and received its authorisation by the FSAin March 2006. In April 2006, it opened for business, and in May 2006 itcompleted its IPO and was admitted to London's AIM market. In November 2006 itopened a representative office in Bahrain. Headquartered in London, EIIB's range of products and services include thefollowing Sharia'a compliant investment banking activities: - Islamic Treasury and Capital Markets- Asset Management, including Private Banking- Structured Trade Finance- Corporate Finance and Advisory- Sharia'a Advisory. EIIB aims to deliver a full choice of alternative investment opportunities,enabling Islamic investors to construct balanced and sophisticated portfolioswhich can access a full range of asset classes internationally. EIIB will seek to service a market for Sharia'a compliant investment bankingservices in Europe, the Middle East and Asia that it believes has beenunder-exploited by conventional and Islamic banks, and by non-bankinginstitutions. EIIB intends to become a major participant in the market forIslamic securities, treasury and investment products, which is currentlyexperiencing rapid growth. The founding shareholders of EIIB include Gulf based individuals andinstitutions, including a number of Islamic banks, as well as individuals andcompanies based in Europe. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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