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DMI Trust
Dar al-Maal al-Islami Trust ( ar, دار المال الإسلامي) ("The House of Islamic Money"), founded in Switzerland in 1981, is a leading Islamic financial institution with affiliates on four continents and assets under management of over US$3.6 billion, operating in accordance with Zakat principles of Islamic banking. Overview DMI Trust was cofounded by a group of leading figures in 1981, including Mohammed bin Faisal Al Saud, Zayed bin Sultan Al Nahyan, Isa bin Salman Al Khalifa and Abdullah bin Faisal Al Saud. It has two main business units, Takafol and Retakafol, for Islamic banking and Islamic insurance/reinsurance respectively; these are based in the Bahamas, Luxembourg, and the United Kingdom. Fund management and financial services in Switzerland and Morocco, investment banking in Bahrain and Pakistan, commercial and retail banking in the Persian Gulf region and other parts of the world. Additionally, DMI Trust operates the Faisal Islamic Bank group of invest ...
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Switzerland
). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel, St. Gallen a.o.). , coordinates = , largest_city = Zürich , official_languages = , englishmotto = "One for all, all for one" , religion_year = 2020 , religion_ref = , religion = , demonym = , german: Schweizer/Schweizerin, french: Suisse/Suissesse, it, svizzero/svizzera or , rm, Svizzer/Svizra , government_type = Federalism, Federal assembly-independent Directorial system, directorial republic with elements of a direct democracy , leader_title1 = Federal Council (Switzerland), Federal Council , leader_name1 = , leader_title2 = , leader_name2 = Walter Thurnherr , legislature = Fe ...
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Persian Gulf
The Persian Gulf ( fa, خلیج فارس, translit=xalij-e fârs, lit=Gulf of Persis, Fars, ), sometimes called the ( ar, اَلْخَلِيْجُ ٱلْعَرَبِيُّ, Al-Khalīj al-ˁArabī), is a Mediterranean sea (oceanography), mediterranean sea in Western Asia. The body of water is an extension of the Indian Ocean located between Iran and the Arabian Peninsula.United Nations Group of Experts on Geographical NameWorking Paper No. 61, 23rd Session, Vienna, 28 March – 4 April 2006. accessed October 9, 2010 It is connected to the Gulf of Oman in the east by the Strait of Hormuz. The Shatt al-Arab river delta forms the northwest shoreline. The Persian Gulf has many fishing grounds, extensive reefs (mostly rocky, but also Coral reef, coral), and abundant pearl oysters, however its ecology has been damaged by industrialization and oil spills. The Persian Gulf is in the Persian Gulf Basin, which is of Cenozoic origin and related to the subduction of the Arabian Plate u ...
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Islamic Banks
Islam (; ar, ۘالِإسلَام, , ) is an Abrahamic monotheistic religion centred primarily around the Quran, a religious text considered by Muslims to be the direct word of God (or '' Allah'') as it was revealed to Muhammad, the main and final Islamic prophet.Peters, F. E. 2009. "Allāh." In , edited by J. L. Esposito. Oxford: Oxford University Press. . (See alsoquick reference) " e Muslims' understanding of Allāh is based...on the Qurʿān's public witness. Allāh is Unique, the Creator, Sovereign, and Judge of mankind. It is Allāh who directs the universe through his direct action on nature and who has guided human history through his prophets, Abraham, with whom he made his covenant, Moses/Moosa, Jesus/Eesa, and Muḥammad, through all of whom he founded his chosen communities, the 'Peoples of the Book.'" It is the world's second-largest religion behind Christianity, with its followers ranging between 1-1.8 billion globally, or around a quarter of the world's po ...
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Organizations Disestablished In 2002
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, incl ...
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Organizations Established In 1981
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includi ...
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Banks Established In 1981
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Douglas Farah
Douglas Farah is an American journalist, author and national security consultant. Farah served as United Press International bureau chief in El Salvador from 1985 to 1987, and a freelance journalist for ''The Washington Post'', ''Newsweek'', and other publications until being hired as a staff correspondent for ''The Washington Post'' in 1992. While working for the ''Post'', Farah served as bureau chief of Central American and the Caribbean until 1997, international investigative reporter between 1998 and 2000, and of West Africa between 2000 and 2003. He left the ''Post'' in 2004, and has since authored two books and served as a contributor to peer reviewed publications such as the ''Journal of International Affairs'' and analysis pieces for ''Foreign Policy'' and the Center for Strategic and International Studies (CSIS). Early career Farah was born on July 22, 1957 and spent his childhood traveling the world with his missionary parents. He graduated from high school in 1974 from ...
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Omar A
ʿUmar ibn al-Khaṭṭāb ( ar, عمر بن الخطاب, also spelled Omar, ) was the second Rashidun caliph, ruling from August 634 until his assassination in 644. He succeeded Abu Bakr () as the second caliph of the Rashidun Caliphate on 23 August 634. Umar was a senior companion and father-in-law of the Islamic prophet Muhammad. He was also an expert Muslim jurist known for his pious and just nature, which earned him the epithet ''al-Fārūq'' ("the one who distinguishes (between right and wrong)"). Umar initially opposed Muhammad, his distant Qurayshite kinsman and later son-in-law. Following his conversion to Islam in 616, he became the first Muslim to openly pray at the Kaaba. Umar participated in almost all battles and expeditions under Muhammad, who bestowed the title ''al-Fārūq'' ('the Distinguisher') upon Umar, for his judgements. After Muhammad's death in June 632, Umar pledged allegiance to Abu Bakr () as the first caliph and served as the closest adv ...
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Faisal Islamic Bank
Faisal, Faisel, Fayçal or Faysal ( ar, فيصل) is an Arabic given name. Faisal, Fayçal or Faysal may also refer to: People * King Faisal (other) ** Faisal I of Iraq and Syria (1885–1933), leader during the Arab Revolt ** Faisal II of Iraq (1935–1958), last King of the Kingdom of Iraq ** Faisal of Saudi Arabia (1906–1975), third King of Saudi Arabia * Faisal al-Duwaish (1882–1931), Arabian tribe sheik * Faisal Karami (born 1971), Lebanese politician * Faisal bin Abdullah Al Saud (born 1950), Saudi royal * Faisal bin Bandar Al Saud (born 1945), Saudi government official * Faisal bin Bandar Al Saud, Saudi royal and businessman * Faisal bin Khalid Al Saud (born 1973), Saudi government official * Faisal bin Mishaal Al Saud (born 1959), Saudi government official * Faisal bin Musaid Al Saud, Saudi royal * Faisal bin Sattam Al Saud (born 1970), Saudi ambassador to Italy * Faisal bin Turki Al Saud, Saudi royal * Faisal bin Turki I Al Saud (1920–1968), Saudi ...
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Abdullah Bin Faisal Al Saud (1923–2007)
Abdullah bin Faisal Al Saud ( ar, عبد الله بن فيصل آل سعود ''ʿAbd Allāh bin Fayṣal Āl Suʿūd''; 18 June 1923 – 8 May 2007) was a Saudi Arabian businessman, politician, and poet who held multiple posts in the Saudi government throughout the 1940s and 1950s. Prince Abdullah was the eldest son of King Faisal. He served as the governor of Hejaz during the reign of his grandfather King Abdulaziz, and as the minister of health and interior during the reigns of his grandfather and his uncle King Saud. These positions made him one of the most powerful Saudi Arabian royals of his time. Early life and education Prince Abdullah was born in Riyadh in 1923. However, some sources list his birth year as 1921 or 1922. He was the eldest son of King Faisal. His mother was Sultana bint Ahmed Al Sudairi, sister of Hussa bint Ahmed Al Sudairi. It is believed that Prince Abdullah was the second grandson of King Abdulaziz after Faisal bin Turki who was born in 1918. The ...
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Abdulkarim Khaled Yusuf Abdulla
ʻAbd al-Karīm (ALA-LC romanization of ar, عبد الكريم) is a Muslim male given name and, in modern usage, also a surname. It is built from the Arabic words '' ʻabd'' and ''al-Karīm'', one of the names of God in the Qur'an, which give rise to the Muslim theophoric names. It means "servant of the most Generous". It is rendered as ''Abdolkarim'' in Persian, ''Abdulkerim'' in Albania, Bosnia and ''Abdülkerim'' in Turkey. It may refer to: Given name *Abd al-Karīm ibn Hawāzin Qushayri (986–1074), Persian philosopher * ʻAbd al-Karim al-Jili (1366–1424), Sufi author who studied in Yemen *Abdal-Karim Khan Astrakhani, Khan of Astrakhan, 1490–1504 * `Abd al-Karim ibn Muhammad (ruled 1825–1834), Emir of Harar, Ethiopia *Abdülkerim Nadir Pasha (1807–1883), Ottoman Turkish soldier *Abdul-Karim Ha'eri Yazdi (1859–1937), Iranian Twelver Shia Muslim cleric *Abdul Karim (Ghanaian footballer) (born 2000), Ghanaian footballer *Abdul Karim (the Munshi) (1863–1909), Indian ...
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Isa Bin Salman Al Khalifa
Isa bin Salman Al Khalifa (; 3 June 1931 – 6 March 1999) was the first emir of Bahrain from 1961 until his death in 1999. Born in Jasra, Bahrain, he became emir upon the death of his father, Salman bin Hamad Al Khalifa. Early life and reign Isa was born in Jasra to Salman bin Hamad Al Khalifa and Mouza bint Hamad Al Khalifa (1933-2009), the daughter of Hamad ibn Abdullah Al Khalifa, and succeeded his father as emir upon his death in November 1961. He was installed in 16 December. Isa visited Ayetollah Mohsin Al Hakim in Najaf in 1968 to indicate his keenness to reinforce relationships with the Shia. During his reign, Bahrain gained independence from the United Kingdom in 1971. While the government initially considered joining the United Arab Emirates, Isa had his country withdraw (along with Qatar) over his dissatisfaction with the proposed constitution . He then attempted to introduce a moderate form of parliamentary democracy, and men (though not women) were given the ...
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