AMANIE ISLAMIC FINANCE CONSULTANCY AND EDUCATION LLC

Amanie Business Solutions LLC. officially launched its web integrated Shariah stock screening service dedicated to meeting the needs of the Islamic investment and financial community.

 * United Arab Emirates: 26th March 2009       * PRESS RELEASE

The launch was officiated by the Managing Director of Failaka Advisors, Mr. Mark Smyth.

Formally known as Amanie Screening Solutions ('Amanie Screening'), the service will target new entrants into the Islamic fund management industry as there is currently an influx of conventional fund managers starting to manage Shariah funds as investors have shied away from investing in conventional funds in the wake of global financial crisis.

Amanie Screening aims to provide the never before available element of flexibility in terms of the screening methodology used by allowing the clients to choose from a number of Shariah compliant screening methodologies that are available currently in the market. Also, it will cater for portfolio screening based on the specific need of the client. The rates for this service will be very competitive as the company aims to extend the Shariah stock screening information to a wider audience.