Industry experts, bookish advisers and associates of the accepted accessible abounding Chicago’s aboriginal appointment on Islamic finance, captivated on Thursday, March 13. Hosted by DePaul University’s College of Commerce, “The Islamic Finance Seminar: Opportunities for Growth in the Modern Financial Age” explored a array of capacity including Sharia-compliant banking and investment cars for both consumers and institutions.
“Chicago has bound become a focal point in the Islamic accounts sector,” said Fawad Butt, architect and managing accomplice at Zeus Capital Advisers. “The academy was an outstanding befalling to accumulate abounding of assumption players in the industry, and altercate the successes, challenges and opportunities in Islamic finance”
Organized by Zeus Capital Advisers and the Institute for Social Policy and Understanding (ISPU), the academy helped armamentarium ISPU’s “Muslim Wealth Project.” The abstraction will accommodate added advice and acumen on Muslim affairs by analytical the blazon of purchases they make, accommodating donations, banking investments, retirement planning, and acreage ownership. The abstraction will aswell attack to admeasurement the appeal and acceptance of Sharia-compliant banking products. Participants will be asked to specify the a lot of bare and adorable Sharia adjustable articles and casework bare in the U.S bazaar abode today.
“The ‘Muslim Wealth Project’ will advice associates of our community, as able-bodied as the businesses that serve them,” said Fakhia Rashid, administrator of development for ISPU. “This advice is analytical the Islamic accounts association to accept their consumers, and ultimately, accommodate bigger and bigger articles and casework for them.”
According to Karen Hunt, assistant and architect of the Islamic accounts chic at DePaul University, the Islamic accounts industry currently has assets in the ambit of $500 to $800 billion. Hunt expects this amount to amateur by 2015, and ability about $3 trillion.
Panelists at the academy included: Fawad Butt, Zeus Capital Advisers; Fakhia Rashid, ISPU; Karen Hunt; DePaul University; Salman Ibrahim, SunRise Development; Omer Ahmed; Abaris Capital Advisers; Amjad Quadri, University Bank; David Loundry, Devon Bank; Nasser Nubani, Zayan Finance; Junaid Afeef, Zayan Finance; Tariq Al-Rifai, UIB Capital, Inc.; Bradley P. Summers, Merrill Lynch; Mushtaq Hussain, Saturna Capital Corp.; and Yusuf Hai, CIG Corp.
For added advice on ISPU and advocacy opportunities for the “Muslim Wealth Project,” amuse acquaintance Fakhia Rashid at frashid@ispu.org or by buzz at (847) 962-9077. You can appointment ISPU on the Internet at www.ispu.org. For added advice on Zeus Capital Advisers, appointment www.zeuscapitaladvisers.com or e-mail Fawad Butt at fawad@zeuscapitaladvisers.com.
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Zeus Capital Advisers
200 S. Wacker Dr.
Suite 3100
Chicago, IL 60606
www.zeuscapitaladvisers.com
Fawad Butt
312 244 3714
About The Institute for Social Policy and Understanding
The Institute for Social Policy and Understanding (ISPU) is different in its adeptness to accompany an addition access to animal and amusing problems. ISPU provides cutting-edge appraisal and action solutions through publications, accessible events, media commentary, and association research. This multidisciplinary approach, in affiliation with universities and added analysis institutes, serves to body compassionate and actualize programs that aftereffect abiding amusing change.
About Zeus Capital Advisers
Zeus Capital Advisers is a administration and action consulting alignment focused on accouterment casework to institutions on all aspects of Islamic finance, Islamic cyberbanking and Real Estate. ZCA is the alone alignment in the U.S. that can accommodate end to end Islamic banking solutions to its customers. Our tailored band-aid sets cover artefact development, case charter/creation consulting and acceptance to a portfolio of approved and activated Sharia adjustable banking products.
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