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The current international financial landscape is characterized by an ambitious reform agenda aiming to achieve sustainable global growth. These reforms incorporate policies that originate from religious backgrounds (faith-based economy) and civil society (impact investing): they promote ethics, social and environmental responsibility, principles of good governance (conscious capitalism), and advocate banking disintermediation (crowd-funding and smart-contracts through blockchain).

The Islamic finance proposition is an integral part of these policies. Studied, commented and monitored by supervisory authorities - such as the International Monetary Fund, the European Central Bank, the Bank of Italy, and Consob - is implemented as a workable alternative to the endemic crises that shake conventional finance by multilateral development banks such as the World Bank, UN agencies such as UNDP, and domestic development bodies such as USAID.

Based on real transactions and risk-sharing principles, Islamic finance only deals with those sectors of the economy that can actively contribute to a sound individual and societal development. Its understanding of the nature of money, its dislike of credit brokerage based on interest rate, its wealth redistribution approach and its inclusiveness of all faiths and races, make Islamic finance a modern and sensible proposition (read more here and here ).

The long experience in Islamic finance (dating back to 1986) coupled with conventional banking (Merrill Lynch) and ethical finance (European Commission) achievements, enables ASSAIF  to provide informed opinion and analysis with an intellectually inclusive approach and to structure products and instruments that join the implementation of the values advocated by the Islamic political economy to the techniques used by Islamic finance.

As such, ASSAIF focuses only on projects that are spiritually, socially, intellectually and economically beneficial to society at large, and has been instrumental in bringing Islamic finance to new markets and extending its range of activities to new areas. Besides, ASSAIF  values and disseminates the culture of diversity and encourages the development in Western societies of new forms of governance that take into account the financial inclusion of the Muslim communities. This in full compliance with the existing regulations while, at the same time, satisfying their cultural requirements.

A sample of selected milestones is listed hereby with the full list available upon request.

  • November 2014

    Turin Islamic Economic Forum (TIEF 2014)

  • November 2013

    Mediterranean Economic Forum and Workshop on Islamic Finance, 14th and 15th November, Malta

  • October 2013


  • September 2013


  • June 2013

    Workshop on Sukuk, the 24th-27th of June, Malta

  • January 2013

    Italian consultancy to help achieving a better future for Afghanistan

  • April 2012

    The World Congress of Muslim Philanthropists and the Global Donors Forum - Upgrading to Islam finance 2.0

  • March 2012

    Comunicato Stampa post-evento

  • March 2012

    Conferenza su 'Finanza Islamica opportunità per uno sviluppo inclusivo'

  • January 2012

    AK BARS Bank Islamic syndicated facility named 'Europe Deal of the Year

  • October 2011

    AK BARS Bank CIS debut Islamic syndicated facility going international

  • September 2011

    Stretching the boundaries of Islamic Finance -AK BARS Bank debut Islamic syndicated facility

  • May 2011

    Stretching the boundaries of Islamic Finance - Russia and Tatarstan joining the folk of Islamic finance

  • March 2011

    Stretching the boundaries of Islamic Finance – Islamic Philanthropy

  • January 2011

    Stretching the boundaries of Islamic Finance - The Takaful proposition

  • December 2010

    Stretching the boundaries of Islamic Finance the Russian initiative

  • November 2010

    Islamic Finance in EU growing slowly but surely

  • October 2010

    Stretching the boundaries of Islamic Finance: Italy and the Gulf

  • September 2010

    Stretching the boundaries of Islamic Finance: the European initiatives

  • July 2010

    Pushing the boundaries of Islamic finance: the 4th International Takaful Summit 2010

  • June 2010

    Pushing the boundaries of Islamic finance: Kazan and Istanbul events

  • May 2010

    Stretching the boundaries of Islamic Finance: Kuala Lumpur and Moscow events

  • March 2010

    Pushing the boundaries of Islamic finance: the Working Groups initiative

  • November 2009

    Events and publications

  • 6-7 July 2009

    Interest-free finance

  • 30 June-2 July 2009

    3rd International Takaful Summit 2009

  • 14 May 2009

    Norton Rose seminar in Milan


Piero della Francesca, ‘La città ideale’, Italy XVI century