Posts Tagged ‘Credit’

InvestTechFx, Leading Forex Islamic Account: MasterCard is Offering Prestigious Credit Card Set with Real Diamond for Islamic Upper Class

InvestTechFx, Leading Forex Islamic Account: MasterCard is Offering Prestigious Credit Card Set with Real Diamond for Islamic Upper Class

Toronto, Canada (PRWEB) December 24, 2008

1. InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Head of Customer Relation Department Mr. Saad spoke last week in Toronto Canada about the new MasterCard that is launching a new and prestigious Credit Card, which is set with real diamonds and clustered with gold. In the center of the card, called “The Diamond”, there is a 0.02 Karat Real Diamond. On the issued cards for women, there is the image of a peacock while on the men’s issued cards there is the picture of a winged horse.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. comments upon the new billionaires’ trend.

The Card, whose fee is US$ 1,000, represents the newest product of Master Card and of Kazakhstan’s largest Bank, Kazakhstan being a rich country with commodities, minerals and oil, a country that came with a new wave of young billionaires.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. comments upon the timing of the new Credit Card, that rich people can afford having. Having such a card in your wallet and the diamond as a symbol of your status is indeed a prestigious business.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. said that MasterCard has done all the required inspections to guarantee that the card would be read online as well as existing machinery devices.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. explained that the card was distributed in a time when even wealthy people have sensed the influence of the credit suffocation. The expense’s rise on items such as mobile phones, that cost 1,000 dollars per unit, went down, after it has been noticed a rise in the world luxury market of more than 100% in the last 10 years. According to the company, the main target of the Card is “The V.I.P client”. MasterCard is going to issue 1,000 Golden Cards in a rate of 30 cards a month.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. added that the limit of all those cards would be 50 thousand dollars over 20 thousand dollars above Platinum MasterCard limits. InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. mentioned that MasterCard had launched a similar card in Dubai last year and reported that these cards prove to supply the demand of the consumer’ s life style.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. added that Dubai Royal card issued in Dubai first by a privately owned financial consumer’s services company. http://www.investtechfx.com

2. Kuwait and Saudi Arabia sponsoring billions of dollars to the finance markets- There has been an emergency meeting in Saudi Arabia’s capital

Mr. Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions commented upon Kuwait having taken steps in supporting its banks. Saudi Arabia has granted 3 billion dollars credit to citizens in need as well as to the spread of the world financial crisis to the Persian Golf, and the sinking of the shares in the region. Mr. Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions explained that the Central Bank of Kuwait had to interfere in supporting the local bank, Gulf bank, which has been affected by the loss of the Forex trading currency cut after the dollar had strengthened. The government has declared that it will guarantee the deposit fund. Mr. Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions explained that Saudi Arabia has a fund of 3 billion dollars that will be deposited in Saudi Credit Bank, for which lawns will be given without interest to low income owners, and their financial problems will be overcome. Mr. Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions explained that Saudi Arabia and Kuwait’s maneuvers have started as a result of the emergency meeting that was held in Saudi Arabia’s capital with the finance ministers and the central banks counselors , and was meant to improve the coordination between the region countries dealing with the world deceleration. Mr. Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions explained that so far, each country in the Persian Golf has adopted a policy of its own dealing with the financial crisis, which shut down the inter bank lawns and spread panic among the investors. Some of them have declared they will have to make bank deposits, moderate the limitations when giving lawns, and invest in lost value shares. Mr. Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions explained that Kuwait has built a special task team with consular leadership, to cope with the crisis influence. Mr. Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions explained that the Gulf Bank, the fifth bank in size in Kuwait on market terms, has noted two sequential quarters of profits decline. This is due to bad lawns and market’s weakening on its investment file. The main bank has suspended the share trade, and a supervisor has been nominated to check activities in governmental bonds, Forex foreign currency and financial markets. Mr. Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions explained that The Gulf Bank had problems since some costumers refused to cover their loss from Forex currency’s trading .Due to this, the bank had to cover the costs, until rearranging. The National Bank of Kuwait, the largest in Kuwait in asset terms, had summarized the loss of the Gulf Bank in amount of 200 million dinners, according to the bank. http://www.investtechfx.com

3. Qatar oil’s Barons support Barclays Bank

Mr.Ali Saad, InvestTechFX Worldwide Leading Forex Trading Islamic Account Solutions explained about Barclays British Bank new fund raising deal for a total amount of 12 billion dollars, for edge funds in the Middle East.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Islamic Account Solutions Rep. added that Barclays has announced that it will produce 3 billion pound sterling secured bonds with high yield. The bonds are been given to the investors as an option to convert them into shares for a price of 197 pennies per share.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. added that Barclays has also announced that they will issue the bonds of conversion valued as 3 billion pound sterling for Qatar, and other converting bonds for the amount of sum 2 billion pound sterling for Institutional Investors.

InvestTechFX the Worldwide Leading Forex Trading Islamic Account Solutions Rep. added that the conversion bonds will carry high yield and they will be converted for a price of 150 pennies per share. Qatar might become the second in size shareowner in the British Barclays Bank. http://www.investtechfx.com

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