blme

[black1]

bank of london and middle east,any one on here a client ?
if so what are they ok or a bit of a risk ?

[Chris_]

They are notably a Sharia compliant bank, principally aimed at corporate and high net worth clients. I know them well and happy to answer any questions.

[black1]

thanks for reply chris, i have been looking at there bonds and the interest rates look very good
but one thing that im concerned about is they are a very new bank so do you think it is a safe bet
for money ?

[Chris_]

They look to have a strong balance sheet, and the principal shareholder is a much larger Kuwait based bank which should give some comfort. Like any such investment (as I am sure you know) you need to do your homework and take independent advice. Please feel free to PM me for any specifics.

[minstedsnapper]

If its a Bond you are after then they are part of Government guarantee scheme so you are covered up to 85K.