Amanie Advisors To Establish In Dublin

Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, has announced that a global advisory firm in Islamic Finance, Amanie Advisors is to establish an operation in Dublin.

The move by Amanie into Ireland is significant for Ireland’s financial services sector as it will enable Irish and European companies to access a relatively new source of funding through the Islamic Capital Markets. The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

Amanie was established in Kuala Lumpur in 2005 and provides its clients with advisory in the Islamic Capital Markets, structured finance and fundraising solutions. From its Dublin office the company will also deliver Shari’ah advisory on product structuring, enhancement and endorsement; Shari’ah supervisory and monitoring services and annual Shari’ah review; Shari’ah secretariat support and services and Shari’ah screening for equities.

Minister Bruton said: "The Government has an ambitious plan for job creation in financial services, and a major part of this is seeking to support developing sectors within financial services, such as green financial services and Islamic financial services. This announcement that Amanie Advisors Limited is establishing an operation in Dublin for the first time is very welcome, and provides evidence of the potential for future growth in this sector."

(CD)