The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Only €100 Bln lol
https://group.intesasanpaolo.com/en/newsroom/news/all-news/2019/intesa-sanpaolo-and-confindustria
Hopefully folk will start seeing the significance that the platform is up and running for ALL geographies now. Funder in place and the new wheel ready to start rolling just like we will be shortly - rolling in it lol.
Look at this little beauty.
https://www.ifswf.org/general-news/international-forum-sovereign-wealth-funds-welcomes-expansion-one-planet-sovereign
Funding partner to be announced shortly.
Let’s face it, they will be huge as they have $80BLn and we’re being allocated €8Bln plus what’re else is required for this scalable approved and working money making machine.
Planning to build a scalable product is inaccurate.
It’s built and working !
Just sit tight or buy more and the numbers will come shortly.
As per recent RNS
SH working and clients now being notified (more than the initial 30). So you know what’s going to happen ,
I expect UAE update and UK or self funding updates tomorrow pre-interview !
From the trading update RNS at the end of November.
With the support of the Funding Specialist announced on 3 November 2020, the approval process of the Shari'a compliant version of the Platform is progressing to plan. SYME and its advisors have engaged with the Shari'a Scholars, who conduct the Shari'a appraisal, and have targeted the end of the year for formal sign-off.
Regarding company sourcing, SYME, together with its Funding Specialist and local partner iMass, has commenced a dialogue with government parties with the objective of offering the Inventory Monetisation process to certain of their sector holding companies as an add-on to their existing digital warehouse solutions."
A reminder !
Updates expected !
1-UK is operational, first client's being IM in UK and funding partner to be announced. Pilot underway and likely to be at least €500M.
2- Company will disclose the detail of the securitisation transaction and Inventory funding partner.
3- UAE - Shari'a Scholars, who conduct the Shari'a appraisal, and have targeted the end of the year for formal sign-off. Pilot already underway expected at €300M but likely to be a lot more due to government involvement.
4- Self funding - One of the two Institutions is developing an insurance product which could combine the future role of the Captive Bank and the unique market position of the Inventory Monetisation Platform.
5- In transit and insurance model update.
6- Oh and the US pilot (how could we forget about that lol).
Completed
Captive bank - The Company will provide details of the Financial Partner and their market position once the acquisition is sufficiently advanced, potentially by the end of the year.
Mubadala/Apollo/Barings and Sberbank
https://www.mubadala.com/en/news/mubadala-and-sberbank-sign-strategic-agreement-explore-opportunities
DYOR
Islamic finance at Sber 2020: Abu Dhabi office, USD13 bn export deal, and PayZakat victory
12/29/2020 | 03:39am EST
In 2020, Sberbank has seen growth in the main Islamic finance areas and marketed several new products with the participation of the International Islamic Trade Finance Company.
2. Abu Dhabi office
Sberbank has received regulatory approval in Russia and the UAE to register a subsidiary called Sberinvest Middle East Limited. A set of documents to approve its corporate structure and staff composition has been prepared. The company is set to become a licensed Islamic window, which will structure investment products aligning them with the principles of Shariah, work on traditional Islamic finance products, build direct partnerships with Far Eastern investors and develop the exportation of Russian food.
Updates expected !
1-UK (open funding) is operational, first client's being IM in UK and funding partner to be announced. Pilot underway and likely to be at least €500M.
2- Company will disclose the detail of the securitisation transaction and Inventory funding partner.
3- UAE - Shari'a Scholars, who conduct the Shari'a appraisal, and have targeted the end of the year for formal sign-off. Pilot already underway expected at €300M but likely to be a lot more due to government involvement.
4- Self funding - One of the two Institutions is developing an insurance product which could combine the future role of the Captive Bank and the unique market position of the Inventory Monetisation Platform.
5- In transit and insurance model update.
6- Oh and the US pilot (how could we forget about that lol).
Completed
Captive bank - The Company will provide details of the Financial Partner and their market position once the acquisition is sufficiently advanced, potentially by the end of the year.
Got a feeling AZ will hit his option with a large profit in the bag tomorrow.
Updates expected !
1-UK (open funding) is operational, first client's being IM in UK and funding partner to be announced.
3-Company will disclose the detail of the securitisation transaction and Inventory funding partner.
4- UAE - Shari'a Scholars, who conduct the Shari'a appraisal, and have targeted the end of the year for formal sign-off.
5-Self funding - One of the two Institutions is developing an insurance product which could combine the future role of the Captive Bank and the unique market position of the Inventory Monetisation Platform.
Completed
Captive bank - The Company will provide details of the Financial Partner and their market position once the acquisition is sufficiently advanced, potentially by the end of the year.
It was broker to broker you clown ! Hence why the manipulation for so long.
Ceresio (Foglia, Rothschild) going to explode this. UAE, UK and US partners will ensure this baby takes off after scooping up pussy holders shares.