HSBC Amanah has launched a premier service aimed at internationally mobile and affluent customers. Amanah’s new Premier service is apparently an expansion of HSBC’s cross-border banking and wealth management services, bringing Shariah compliant services to their customer base.

Full story here: http://www.istockanalyst.com/article/viewiStockNews/articleid/3724630

Germany’s first Islamic Bank, a unit of Kuveyt Turk Bank of Turkey, is set to open by March of 2010, in the city of Mannheim. According to statistics from the Berlin government, there are approximately 4 million Muslims in Germany. Germany’s biggest bank, Deutsche Bank, operates an Islamic investment arm, DWS Noor Islamic Funds, in the Middle East and North Africa. One German state, Saxony Anhalt, has raised 100 million euros ($140 million dollars) internationally via Sukuk (Islamic bonds).

Full Story Here: http://www.earthtimes.org/articles/show/301380,germanys-first-islamic-bank-to-open-in-early-2010.html