Noticed this bank new to the market recentley. any comment would be welcomed

stevetmade, thankx, I'm gana have a look into thos companies.

Why should some one buy 425,000 shars at 2.47pm if they did not had faith in this company,i think there is potential in this.short term but thats my view,please dyor.

buying spree continues in the last half hour.

the price is still unstable, going up and down

i think you should be wary myself

http://www.uk-wire.com/cgi-bin/articles/200504041505485739K.html

My entry point now 30p. not looking good may i say.

Azhar - i have been following this board for sometime and notice you put in one liners like your post 170 - do you have any specific info to back up your comments? Would really appreciate further info as I am new to this game and I notice the simplicity of the famous EK's approach - what goes up goes down and he short the gainers!!

This company is so unpredictable, today it seems its on it way up, but you never you, it could suddenly come down.

britian... the small country on the east of the arabian peninsular?

Cannot quite follow what Mr Magoo is trying to post - seems he killed the posts here.
Azhar / Rohimul I see the IBB up again today - any comments??

Pension 271, I've noticed IBB recovering well this week, but this company is upredictable, it could suddenly crash down. I'm going with Azhar, buy at around 30-40, if it comes down that is.

dont expect 30 but may be 40-45.good luck

can Rohimul , Squirrel2005 or Azhar please tell me on what facts you base your target 30, 40-45, I am new to the game and cannot understand how unless one has some info one can base such figures. Thanks

pension271, IBB currently have a Mkt cap 200 million and 3 million losses. Don't get me wrong this will deffinately be going places but it's not worth that much at the moment. I think the curent value of 60p has aleady a fair bit of future growth included. As always DYOR.

Thanks Azhar -top of the morning to you.

I am from first day Ibb share holder. Its price is over heated because of daily traders and short terms investors for a quick profit when they will take out their money out the price will drop. Ibb never crossed even 31 p before 20th march .it was always between 25-28 p . its market capital was 110 million which is increased to 250 millions because ibb final report. Unfortunately it was not as good as it was expected so lot of people took their money out. Ibb got a real potential of growth . UK got 2 million muslim population according to a recent survey by lloyds and hsbc and barcley every fifth muslim want islamic banking service, which mean at least 400000 muslims and other ethik investors will sooner or later move to IBB etc. i dont think 55-60 is right at its today books so just wait till end of april and I believe it will normalise . short term investor will not wait so long it is a long term investment. so good luck

Has anyone any news - nearly 2,000,000 buys against 400,000 sales - cannot find anything anywhere????

Right then guys and gals. IBB now approaching my buy price again. Like I said earlier will get in around 32p

it's going up again!

Islamic Bank of Britain Plc
29 June 2005


ISLAMIC BANK OF BRITAIN PLC

'Halal' Personal Finance is another first from Islamic Bank of Britain


Islamic Bank of Britain, the UK's only totally Islamic British bank, has
launched a Sharia'a compliant personal 'loan' facility, making it the only
provider of 'Halal' unsecured finance in the UK.

The new unsecured facility allows customers to generate cash funds between
1,000 and 20,000 using the Islamic principle of Murabaha with deferred
payments. The end result is that consumers can get a finance facility similar
to a conventional loan but in accordance with the Muslim faith which prohibits
the use of interest.

Michael Hanlon, managing director of Islamic Bank of Britain explains: 'We aim
to offer our customers as much choice and flexibility as possible when it comes
to their finances. As a result, we are often first to launch new products. We
are already the only British bank offering Sharia'a compliant savings accounts
and now we are also the only provider in the UK offering Sharia'a compliant
unsecured finance.'


How It Works

The process is simple for the customer, and only requires one visit to the
branch or application via post. Islamic Bank of Britain then works to ensure
that the personal finance facility is run in accordance with Sharia'a. The Bank
buys commodities and then sells them to the customer for the cost plus the
Bank's profit. The customer then becomes the owner of the commodities. An
independent agent then sells the commodities on the customer's behalf for the
market price and puts the resulting cash into the customer's account for the
customer to use to finance their purchase. The customer then pays the bank in
monthly instalments over a period of time. Repayment periods of 12 to 60 months
are available.

It marks the first time that Britain's 1.8 million Muslims have had access to a
personal finance facility from a British bank which is wholly operated in
accordance with Islamic Sharia'a principles.

Islamic Bank of Britain is regulated by the FSA and meets UK banking regulations
and safeguards for the customer. It opened its first branch in London last
year, was admitted to trading on AIM, a market operated by the London Stock
Exchange, in October and now also has five branches in Birmingham, Leicester and
London with a further five more branches planned for 2005.

Customers outside of the branch areas can use the bank's services via telephone
and postal banking (to the Bank's UK based customer service centre. Telephone
0845 6060 786). An internet banking service is planned for launch at the
beginning of 2006.

Islamic Bank of Britain ensures that it does not compromise Islamic principles.
All products and services are overseen and approved by a Sharia'a Supervisory
Committee comprised of world- renowned experts in the implementation of Islamic
principles and their applications within modern-day financial institutions.

To find out how to apply for an Islamic Bank of Britain Personal Finance
Facility (18 years or over and UK resident) or for more information on other
Islamic Bank of Britain products and direct banking service call 0845 6060 786
or visit
www.islamic-bank.com