Excerpt:
The most common requests we receive here at SFW are questions as to whether banks or brokerage houses "are Shariah-compliant?"
As a result of these numerous inquiries, for the past several weeks, we have carefully compiled a list of financial institutions active in the USA that have some form of tie to Shariah Compliant Finance.
In some cases, the entire institution is Shariah-compliant. In other cases, the overall institution is not Shariah-compliant but it has a division or subsidiary that is, or it offers a product that is Shariah-compliant. In still more cases, some of the entities listed below do not offer financial products at all, but play key roles in enabling Shariah Compliant Finance in the West.