Toronto, Canada (PRWEB) October 20, 2008
PART B: Recently Mr. Ali Saad, head of Forex Islamic Account & Forex Swap Free Account at InvestTechFX, was interviewed. Mr. Saad was asked for his opinion about the latest involvement and donations by InvestTechFX customers and the Islamic Developing Bank (IDB). Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free account, explained that the Islamic developing bank (IDB) is going to give poor countries, Islamic mostly, 2 billion dollars to make them cope with the world food crisis. According to InvestTechfx the bank has announced donations to the undeveloped countries, most of them in Africa, including Senegal, Mauritania and Yemen.
According to Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free account, the bank announced that the funds was not made for emergency aid to cope with the lack of food or the rising of prices, but to fund seed purchasing and agricultural manure. Further more Mr. Saad said that the money will be used for research, to let the farmers improve the way they act and some of the research money will be used for genetic engineered growth. Growth food is controversial, but sum of the states like Uganda, starting to relate to the idea positively.
Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free account, explains that the season of plantation is close to an end in many states, and it brings fears to the agricultural and food organization manager of the UN (FAO). InvestTechFX the Islamic & Swap Free accounts department Mr. Saad explains that the FAO is demanding from the rich states to increase the crops and that the trading block will be removed, to help to the most hungry states in the world.
Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free account, explains that recently there was a food summit by the UN in Rome and the UN announced for another food aid that will cost 1.5 billion dollars to 60 states that has been injured from the cost of prices rise and there will be need of 20 billion dollars every year to increase the food produce and to fight the hunger.
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The Muslim capital market has been a local matter, deep in the Parisian Golf, now also enters Europe. Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account said that Britain government has announced on her willing to produce 'sukuk' bounds, and the treasure office has made regulatory changes. Further more Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account said that the German district state has produced 'sukuk' bounds of it's own in 2004, and was the first European government that made it. Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account said that the country hoped by the process to draw more investments in the Middle East. It was standing on 100 million Euros, but didn't produce another 'Sukuk'.
Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account, said that even surprising competitors are interested of the big slice. Malaysia, the Muslim country, was strong and active in the market at the last decade, but now there are Asian states that are joining with a tiny Muslim population. Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account said that Japan wants to be the first state in the G7 club which produces sovereigns 'sukuk' bounds, If Britain won't be the first. Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account, said that the governor of Hong-Kong wants to develop an Islamic bounds to magnify it's city's finance.
Mr. Ali Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account, said that London is the strongest center of the Islamic capital from the cities that outside the Muslim world. He also thinks that London will bit Malaysia and the rest of the Muslim world.
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Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account said that the strongest center of the Islamic capital is London, between the cities that outside the Muslim world. London will bit Malaysia and the rest of the Muslim world. Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account said that he believes that London got all the advantage of a traditional finance center, from a solid foundation and up to a power source of a quality job. Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account, said that Singapore also has trying to fit in this activity and she has her own advantages in Forex trading market, but in a low degree.
Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free, said that London is already enjoying from investors purchase that are loyal to the 'Shariah' law, whether they are companies or states who produce 'sukuk' bounds in London. Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account, said that London has also the benefit of the relativeness indifferent of New York to the Islamic capital.
Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account, said that Forex annalists claim that the American Finance Capital doesn't have the strength to Islamic assets compare to other economic centers. Mr. Saad, InvestTechFX head of Forex Islamic Account & Forex Swap Free Account, said that in New York, the investors has shown so far an interest in the shares that connects to the 'Shariah' law, but not in the sukuk or in 'Takaful', the Islamic Insurance. http://www.investtechfx.com.
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