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Sharia compliant investments in private equity – An IFN Special Report

Special Reports (Https://Www.Islamicfinancenews.Com/News-Categories/Special-Report)
(https://www.islamicfinancenews.com/contributor/zabidi-abdullah)
Dr Saliba Sassine (Https://Www.Islamicfinancenews.Com/Ifn_authors/Dr-Saliba-Sassine)
19/07/2022

Private equity (PE) often reigns supreme in the high-return investment market. Dr Vladimir Malenko wrote :“In the time of volatile interest rates, doubtful and inconsistent performance of hedge funds, and increasing popularity of index tracking funds (rather than actively managed ones), the astute investors flock to private capital placement opportunities.” DR SALIBA SASSINE explores.(https://www.islamicfinancenews.com/a-newinvestmentscheme-that-can-destroy-shariah-compliant-private-equity.html)

The top 10 GCC (https://www.islamicfinancenews.com/glossary/gcc)  institutional investors have more than US$3.7 trillion of combined assets under management, but only a small percentage of these funds are Shariah (https://www.islamicfinancenews.com/glossary/shariah-2) compliant. At first glance, this PE investment option for Islamic investors looks rather limited. But Islamic finance professionals are both dynamic and inventive in their search for structured solutions.

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BlueMount Capital Turns 10!

This year, BlueMount Capital is proudly celebrating its 10th anniversary of providing Global Capital Solutions. It’s our commitment to providing valuable relationships which has given us the capacity to continually deliver comprehensive solutions for the most sophisticated business requirements across all asset classes. Continue reading

How Does a Stock Move from the OTC to a Major Exchange?

There are many reasons why a company may trade on the Over the Counter (OTC), which unlike a standard exchange, has no physical location, but it’s not an option that provides much exposure or even a lot of liquidity. Trading on a major  exchange, though, does. But is there a way for companies to move from one to the other?

Key Takeaways

  • OTC securities are not listed on an exchange, but trade through a broker-dealer network.
  • Companies can jump from the OTC market to a major exchange as long as they meet listing and regulatory requirements, which vary by exchange.
  • Exchanges must approve a company’s application to list, which should be accompanied by financial statements.
  • Some companies choose to move to get the visibility and liquidity provided by a stock exchange.
  • Dual listing ,by staying on the OTC and dual listing on a major exchange is a great option and is possible.

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BlueMount Capital (Queensland) Appoints Chief Operations Officer

The Queensland office of capital markets group BlueMount Capital has appointed Ken Freer as Chief Operations Officer.

Speaking with BlueMount Capital Managing Director, Dr Mark Rainbird, about this appointment, Mark said, “We are looking to strengthen our executive management as we look to grow the business and our market presence. Our business is looking to invest in synergistic activities that support its core offering around capital markets corporate advisory and financing while supporting our clients and investors”. Continue reading

BlueMount Capital in the news: “Brave new world: Islamic finance in BD“

International IFN Roadshow Bangladesh-2021 was held recently organised by REDMoney Group. The IFN Roadshow-2021 series opens with Bangladesh, a country that has a promising future in Islamic finance, especially as it launched its first corporate Sukuk in 2020. Bangladesh is on a sprint to aggressive development as the public demand for Islamic finance is rising, which has spurred the robust Islamic banking sector in the nation. Continue reading

BlueMount Capital in the news: “Altech Chemicals finalises $195m green bond offering to fund Malaysian high purity alumina plant”

Altech Chemicals (ASX: ATC) has entered the final stages of a $195 million listed green bond offering to provide additional financing for the construction of a planned $400 million high purity alumina (HPA) plant in Malaysia.

The company has been working with UK structuring agent Bedford Row Capital PLC and Perth-based Bluemount Capital since October to prepare for the offering. Continue reading

BlueMount Capital in the news: “Bangladesh: Could corporate Sukuk take off?” IFN 17th March 2021

“Bangladesh turns 50 this month, and in a fitting celebration, March 2021 also saw the country’s first corporate Sukuk announced: a US$250 million issuance from Deshbandhu Group (DGL) expected to mature in 2028. Following on from the government’s first debut sovereign Sukuk back in December 2020, the move is an encouraging one as the economy gathers steam. But with significant barriers remaining to a conducive issuing environment, can Bangladesh maintain its momentum? LAUREN MCAUGHTRY speaks to the lead arranger of the deal to learn more. Continue reading