LIST OF ISLAMIC BANKS IN EUROPE

LIST OF ISLAMIC BANKS IN EUROPE 2024

EUROPE DIRECTORY OF SHARIA COMPLIAN BANKS LIST OF ISLAMIC BANKS IN EUROPE FRANCE GERMANY BELGIUM UNITED KINGDOM SWITZERLAND LUXEMBOURG

A list of Islamic banks in Europe is defined by a directory of European financial institutions which offer financial products from Islamic finance and which apply Islamic Sharia law.

The list of Islamic banks in European countries is intended to list Islamic financial organizations based on European territory and which market financing and financial investment services respecting the principles of Islam.

In Europe, the directory of halal banks that respect the ethical financial needs of the European Muslim community is used to provide information on how to contact Islamic banks in France, Belgium, Germany and Great Britain for credit offers.

In Europe, the list of Islamic banks is quite long depending on the country whether it is a French, Belgian, German or British Muslim bank, the main thing is to differentiate between real Islamic banking organizations and European credit companies which are not halal banks but offer products according to the rules of the Sharia.

FRANCE LIST OF ISLAMIC BANKS

In France, the list of Islamic banks is essentially made up of real banks which offer the opening of a halal bank account but without offering financing since the French regulator still does not grant a banking license to practice Islamic finance.

In France, a directory of non-banking Islamic financial organizations exists which lists Muslim financial companies offering certain Islamic financing products.

LIST OF ISLAMIC FINANCIAL BANKING AND NON-BANKING BODIES IN FRANCE

  • 570 EASI
  • CHAABI BANK

BELGIUM LIST OF HALAL BANKS

In Belgium, the list of Islamic banks is reduced to a single halal bank which offers money investments in accordance with Islamic law but without Belgian halal financing.

In Belgium, a list of halal banks is not planned for the next few months given that Belgian financial regulation does not yet offer the fiscal and legal conditions to finally open the door to Belgian Islamic finance.

GERMANY LIST OF MUSLIM BANKS

In Germany, the directory of Islamic banks with a German Islamic finance license is currently limited to one bank located in the city of Frankfurt and named KT Bank

GREAT BRITAIN DIRECTORY OF BRITISH ISLAMIC BANKS

In Great Britain, the list of Islamic banks is quite long given the reputation of London as being the capital of European Islamic finance with about twenty financial institutions offering the full range of halal financial products.

  • Arab African International Bank
  • Arab Banking Corp (b S C)
  • Bahrain Middle East Bank
  • Dallah Al Baraka
  • EIIB (European Islamic Investment Bank)
  • Habib Bank
  • Habibsons Bank Ltd.
  • Halal Mortgages
  • HSBC Bank
  • Islamic Bank of Britain
  • National Bank of Pakistan
  • Qatar Islamic Bank
  • Qatar National Bank
  • Riyad Bank
  • Saudi American Bank (UK) Ltd

SWITZERLAND ISLAMIC BANKS DIRECTORY

In Switzerland, there is a directory of Swiss Muslim banks which lists Islamic financial institutions applying the rules of Islamic Sharia.

In Switzerland, the list of Islamic banks does nothing for Swiss consumers or entrepreneurs since they are banks which only manage Islamic deposits and funds and which wish to remain very discreet.

LUXEMBOURG LIST OF ISLAMIC BANKS

In Luxembourg, the list of Islamic banks is reduced to practically zero as the Arche Duchy has authorized the establishment of halal banks in the context of the management of Islamic funds and the issuance of halal treasury bills also called the Sukuks.