IP Direct Group Polish Muslim Union European Institute for Interest Free Economy

1
IP Direct Group Polish Muslim Union European
Institute for Interest Free Economy

• Farhat Khan
• Presentation for Turk Barter
• Amsterdam 09-10.08.2004

2
History

• Polish Muslim Union (PMU)
• Oriental Plaza Vaqf Project
• IP Direct Group business unit of PMU
• Islamic Bank / Fund
• PMU relationship with Strohalm
• European Institute for Interest Free Economy

3
History PMU

• Established by Polish and Tatar Muslim students
  of Gazi Husrev Beg Medresa in Sarajevo in 1992
• Officially registered 1999
• Aims and goals according to charter
• Vaqf projects Oriental Plaza

4
History Oriental Plaza Vaqf Project

• Founded 1999
• To serve financial needs of Muslim Community in
  Central Easter Europe
• Business Plan for Oriental Plaza
• 25 and land secured
• Lack of interest - free finance in Poland

5
History IP Direct Group

• Est. 1999 as a business unit of PMU
• Goal realization of Vaqf Project
• Developments 2000-2004
• Goals direct foreign investment and trade
  between CEE OIC and China
• Divisions Brokers, IT outsourcing. Lobbing,
  Education, Developers

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IP Direct Group Divisions Brokers

• specialized in
• import - export brokerage between Central and
  Eastern Europe and OIC
• marketing activity for oriental products in
  Central and Eastern Europe
• representing companies from OIC  in Central and
  Eastern Europe
• representing companies from Central and Eastern
  Europe  in OIC
• Members
• CEE 30
• OIC 10
• China 5
• Others - 5

7
IP Direct Group Divisions IT Outsourcing

• Specialised in
• Network Security Management
• Application Service Providing
• Data Base Projects Outsourcing
• E- commerce Outsourcing
• E-trading
• Achievements
• 2 trade platforms www.bazarek.pl (500K visitors
  in 3 months) www.baaj.pl (9 languages versions)
• Several web pages projects ( www.planetaislam.com,
  www.islam.pl)
• Trainings and implementations on Citrix/Oracle/
  Platform
• Security AAA solutions for Banks

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IP Direct Group Divisions Lobbing

• Specialized in
• promoting export from Central and Eastern Europe
  to OIC
• promoting Non-Interest Banking and Finance in
  Central and Eastern Europe
• promoting companies form Central and Eastern
  Europe in OIC
• providing strategy  in real estate market of
  Central and Eastern Europe
• Achievements
• Several missions to Gulf for largest Polish Banks
  and Companies
• Several presentations and Seminars in Poland for
  Banks and Economist
• Business Plan for Fund and Bank
• Head Hunting Mission Completed
• Several Real Estate Projects Defined

9
IP Direct Group Divisions Developers

• Specialized in Development Services
• Site search
• Development advice
• Development appraisals
• Feasibility studies
• Fund sourcing
• Achievements
• Team of highly qualified professionals available
  on the spot in Europe
• Advisory Services to several Feasibility Studies
• Infrastructure and Environmental Projects
• Sustainable Development Programs

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European Institute for Interest Free Economy

• Goals
• to educate people about alternative money
  system(s) which implements concept of justice
  better  then existing one.
• To improve Islamic banking and finance concept
  in Europe
• To bring together interest free promoting
  organization from Islamic and Western world
• Promoting Sustainable Development based on
  Interest Free Economy
• Presumptions
• Interest based economy and monopol of capital
  creation are main causes of poverty and injustice
  in the world. 
• Ethical frame is the basis of all social and
  economical activities
• Achievements
• 5th International Conference on Islamic Economy
  and Finance in Bahrain
• http//www.ipdirect.home.pl/dinar/
• Seminars and translations on Interest Free
  Economy
• Cooperation with Strohalm, Islamic Foundation and
  Benelux Shura

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Strohalm and EIIFE

• Seminars in Soest 2001, Warsaw 2002
• Real Estate Developments within Muslim Community
  in the Netherlands
• Making a concept of Islamic Mortgages more
  competitive within the market
• Islamic Foundation and IDB cooperation
• VI International Conference on Islamic Economy
  and Finance Indonesia

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Conclusions

• REALIZATIONS OF VAQF PROJECTS IN CEE
• ESTABLISHMENT OF ISLAMIC BANK / FUND IN CEE
• CREATIONS OF JOINT VENTURES WITH TURK BARTER AND
  STROHALM for CEE, CHINA AND OIC

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Questions and Answers

• IP Direct Group www.ipdirect.home.pl
• Farhat Khan barter_at_ipdirect.home.pl
• PMU www.ipdirect.home.pl/kmp