A small country with great potential – Grand Duchy of Luxembourg
Grand Duchy of Luxembourg …
…A small country with great potential
Everything you need to know on the Grand Duchy of Luxembourg
The Grand Duchy of Luxembourg is a stable political and social environment, a robust economy
The macroeconomic parameters (growth rate + 4.5%, public debt + / – 24% of GDP) are among the
best in the world
Second center in the world (after the United States) for investment funds.
Currently EUR 3.500 billion in stewardship
Sophisticated regulation and legal framework for globally recognized investment funds
A pioneer in investor protection with a rigid regulator
A single framework for UCITS (Undertakings for Collective Investment in Transferable Securities)
UCITS have a European passport for intra-EU distribution
Luxembourg legislation permits the creation of multi-purpose funds Principles of “LPS” (Free Services)
A pool of professionals, of multiple languages (the first in the European Community, the eighth in the
An example of Market observations (The numbers speak for themselves)
Le Luxembourg est le plus
grand centre de fonds
d’investissement en Europe
Actifs nets sous gestion des fonds luxembourgeois
CENTRE GENERAL D’EXPERTISES COMPTABLES SARL
45, Route d’Arlon
Email : email@example.com
CGE SARL participated on behalf of his Islamic Finance Desk to the Responsible Finance &
Investment Summit 2017 on May 3 and 4 with the highlights:
-Special Executive Session with INCEIF, the global university of Islamic finance, on impact investing
and Islamic finance. .
-Check-in for the Summit sharp with an Opening Remarks from Dr. Jarmo Kotilaine, Chief Economist,
Economic Development Board of Bahrain.
On May 4 The program kicked off with a Keynote Address from H.E. Governor Kairat Kelimbetov,
Governor, Astana International Financial Centre.
The day’s programming included panel discussions focused on building bridges between responsible
investment, impact investment and Islamic finance to deliver expanded impact.
A Keynote Address by H.E. Ambassador Marc Bichler, Ambassador-at-Large for Climate Change &
Human Rights from Luxembourg.
And the most important session was the last one. It is an unconference session where asking to set the
agenda for the future and make the bridges built during the Summit have lasting impact
CGE SARL participated on behalf of his Islamic Finance Desk also to the IFN Forum Morocco on
09 May 2017, All the points addressed are the following :
-Mapping the Moroccan Participative Finance Ecosystem
-Morocco as an Islamic Investor’s Gateway to Africa
-An Audience with Newly Established Participative Banks
-Next Generation Participative Finance Platform: Built by Muslims, in Morocco, for the World?
-Global Market Perspective: What is the Way Forward for the Industry in Morocco?
-Paving the Way for Takaful Industry Segment
CGE SARL participated on behalf of his Islamic Finance Desk also on May 09 2017, to the
at the headquarters of Casablanca Finance City Authority with the collaboration with
Luxembourg For Finance, a conference on “FinTechs with the highlights:
Challenges, Opportunities and Challenges in Morocco and the Continent”
What is the look of the FinTech world? Are the FinTechs really disrupting financial services? Are
traditional players, banks and insurance companies threatened? Is there front-end competition or cooperation?
What roles for regulatory authorities
CGE’s services and expertise include:
– A unique role as coordinator between the various stakeholders such as the CSSF, Lawyers,
Banks, Notaries … at the time of incorporation
– Preparation of the statutes and contracts at the level of the constitution and domiciliation
– All accounting, social and legal functions in connection with the operation of the company’s
activities, such as: Banking Relations Accounting
Social file (staff, salary calculation …)
-Accounting closure according to Lux Gaap
-Compliance aspects – analysis of risk aspects
-Stewardship of aspects of participatory finance
-Compliance under “Shariah Governance”
-Contracting according to Charia aspects
-Accounting according to AAOIFI principles
-All “due diligence” activities in the Murabaha, Mudaraba, Musharaka, Salem, Istisna