IslamicFinance.de

Safa Investment Services - a global Islamic asset manager in in the Gulf region - was launched by Investor for Securities Company. The grand ceremony was held in Four Seasons Hotel, Al Riyadh, on the 8th of October 2012. According to the manager of Safa Investment Services, Mr. John Sandwick, professionally managed assets around the world are worth nearly $80 trillion. Muslims are in possession of about $3 trillion of them. Surprisingly, a huge extent of the money was not invested compliant with Shariah principles. It is a goal of Safa to provide Sharia-compliant investing opportunities and to produces profits larger than those of conventional investing.

Safa Investment Services is going to launch world's first Islamic global asset management company due to growing demand from wealthy Muslim investors that are seeking a dedicated asset manager to look at their investments.

See more under: http://www.theislamicglobe.com/index.php?option=com_content&view=article...

According to a study of Ernst and Young, there will be three times higher demand for Islamic bonds (or Sukuk) till 2017. It is also assumed that this year could be the biggest year for Sukuk as the supply is close to demand. The Continuing standardization by Islamic finance organizations should help Sukuk securities to grow in long-term, analysts says.

See more under: http://www.globaltimes.cn/content/731907.shtml

Islamic investors were fooled by the Islamic private equity as it has been a rip-off over the last 10 years.
John Sandwick expressed his oppinion that the growth of Islamic private equity to a $50bn industry by the end of 2007 was a product of abounding cheap credit thrown around in the run up to the global financial collapse which resulted in the formation of a vast bubble.