NEWS
Islamic Commodity Online Network (ICON)
Ambro continues to expand ICON to service new clients and new markets. The online platform, which was launched in 2014, enables real-time commodity transactions for Islamic Financial Institutions using commodity murabaha structures. For more information on ICON please click here and to register interest please contact Ambro.
Ambro Storage Partnership
Ambro has established a partnership with Saudi Bulk Transport Ltd (SBT) in Saudi Arabia for the storage of base metals within the Jeddah Islamic Port bonded and re-export zone (Tusdeer). SBT provides Saudi-based storage and logistics services for international and local physical traders, financial institutions, industrial services companies and end-users of base metal products.
Tusdeer targets LME Good Delivery Point Status
Saudi Trade & Export Development Company ('Tusdeer'), the operator of the first Bonded and Re-export Zone at Jeddah Islamic Port and in Saudi Arabia, has submitted an application to the London Metal Exchange (LME) to become an LME Good Delivery Point at the Jeddah Islamic Port. The LME is considering the application. For updates, please watch this space!
Download the Tusdeer brochure:
Ambro continues to expand ICON to service new clients and new markets. The online platform, which was launched in 2014, enables real-time commodity transactions for Islamic Financial Institutions using commodity murabaha structures. For more information on ICON please click here and to register interest please contact Ambro.
Ambro Storage Partnership
Ambro has established a partnership with Saudi Bulk Transport Ltd (SBT) in Saudi Arabia for the storage of base metals within the Jeddah Islamic Port bonded and re-export zone (Tusdeer). SBT provides Saudi-based storage and logistics services for international and local physical traders, financial institutions, industrial services companies and end-users of base metal products.
Tusdeer targets LME Good Delivery Point Status
Saudi Trade & Export Development Company ('Tusdeer'), the operator of the first Bonded and Re-export Zone at Jeddah Islamic Port and in Saudi Arabia, has submitted an application to the London Metal Exchange (LME) to become an LME Good Delivery Point at the Jeddah Islamic Port. The LME is considering the application. For updates, please watch this space!
Download the Tusdeer brochure:
| tusdeer_brochure.pdf |