EU wedged Stop Israel attacks

European Union (EU) reacted immediately to Israel to attack suspected areas dominated group Hamas. EU asks attacks in the Gaza area Jalus it stopped, including the blockade in the region.

Israel launched air attacks to the Gaza Strip area that they suspected a group of Hamas bag. Fatal attacks that killed up to 200 more people.

Meanwhile, Palestinian President Mahmoud Abbas is currently in Saudi Arabia, a criticism that attack. According to him, Israel do not have any reason to attack.

In his statement, the European Union of 27 countries slash attack. EU also criticize the use of violence from both sides.

"There is no military solution in Gaza," said the statement, which urged the EU to all forms of violence from both sides stopped.

EU also urged Israel to stop the blockade in the Gaza area. In addition, the EU is also ready to help Egypt become a mediator for both parties, trade.

Israel has blockade of the Gaza Strip since last June. This fact raises tensions. Attack Palestinian residents and Israeli soldiers occurred sporadically. Peak, Israeli army conducted an air raid on Saturday (27/12).

In Brussels, Foreign Relations Commissioner EU, Benita Ferrero-Waldner, expressed concern about attacks on Israel. Meanwhile, Head of Security Affairs of the EU, Javier Solana, said, Israel must immediately stop the blockade. EU will also continue to conduct monitoring of the border at Rafah.

HPR
Source: AP

Best Islamic Bank in Europe (Global Finance) : Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,097 billion in assets and 67,474 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank has today published a White Paper outlining the investment structure that facilitates the issuance of Sharia compliant securities that offer investors access to alternative asset classes.

Deutsche Bank has made public its procedures both in the interests of transparency and in an attempt to help alleviate some of the 'supply side' constraints that exist in Islamic financial markets. These constraints are mainly related to capacity - in respect of the number of qualified bankers involved and their Islamic structuring capabilities. In addressing these issues, the market will be more able to develop in line with customer demand.

By publishing this paper, Deutsche Bank hopes to achieve three objectives which will see the area of Sharia compliant securities growing, but off a solid and uniform base.

* Make Deutsche Bank's investment structure (or the 'Structure') available to other financial institutions and thereby alleviate the current shortage of supply of products.
* Establish the White Paper as a quality benchmark, and encourage the use of academic resources to assist the industry in developing new products - something that has not been a feature of the industry so far.
* Encourage the use of the Structure in its correct context through reference to the White Paper.

Geert Bossuyt, Managing Director, Regional Head of ME Structuring, Deutsche Bank, commented:

"We are confident that the Structure will eventually be viewed as a significant milestone in the development of the Islamic finance industry as it provides Islamic investors with exposure, in a liquid and cost-efficient way, to new asset classes and pay-outs, removing one of the main structuring barriers. The Structure itself is the result of close co-operation between academics, bankers and, of course, scholars. "

"Too often, 'innovation' is achieved by pushing the barriers and/or misusing fatawa by taking them out of their context. Innovation ideally should be the result of a well documented and fundamental discussion on Sharia. Deutsche Bank wishes to encourage the use of academic resources to assist the industry in developing new products as this has not been a feature of the industry to date."

"We believe that those institutions with the vision, creativity, innovation, courage and commitment to develop the Islamic financial markets will be recognised for their hard work and ideas. Sharia itself has inherent flexibility and fewer constraints than is often assumed by the financial services industry. Fundamental research is the key to unlocking this inherent flexibility, thereby allowing this market to grow to its full potential."