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About Dananeer
Dananeer* S.à r.l is an independent Islamic finance consulting and training company based in Luxembourg, a major European and international finance centre.

Our Vision
Dananeer aims to be a 'One-Stop Shop' Shariah advisory providing business consulting, training, and recruitment services related to Islamic finance in the key markets of Europe, Middle-East, and Asia.

Our Organization
Dananeer has a core business management team based in Luxembourg and has access to a network of Islamic finance experts to draw on for consulting projects and training programmes.

Our Location
Dananeer is based in Luxembourg, one of the world class financial centres in the heart of Europe. Luxembourg is a key European player in the area of Islamic finance and is poised for tremendous growth in this sector. Some key points regarding the suitability of Luxembourg are:

  • The Luxembourg Stock Exchange was the first European stock Exchange to enter the sukuk market in 2002, until 2009, 16 issues with a combined value of over USD 7.3 billion were listed on it.
  • With more than 45 Islamic investment funds, Luxembourg has 7% of the global market share just after Malaysia, Saudi Arabia and Kuwait.
  • Luxembourg has a wide experience in cross border distribution of financial products.
  • Luxembourg is the second largest investment fund centre in the world after the USA.
  • Luxembourg Central Bank is the first official EU financial institution to become an "Associate Member" of the Islamic Financial Services Board (IFSB) and a founding member of the International Islamic Liquidity Management Corporation (IILM).


*The Arabic word 'Dananeer' comes from the plural of 'Dinar' - a gold coin which was an early form of currency in Islamic civilization. The name is derived from 'Denarius' a Roman silver coin (plural: Denarii) which comes from the Greek word 'dinarion' meaning 'to give' .