The ‘Associazione per lo Sviluppo di Strumenti Alternativi e di Innovazione Finanziaria’ (ASSAIF) is a project development initiative based in Milan, founded and run by Alberto G. Brugnoni. Since the early ‘80s, Alberto has been providing, in different capacities, informed opinion and advisory services with an intellectually inclusive approach on the interlinkages between the principles of ethics, sustainability and profitability to multilateral development banks, governments, central banks, foundations, public and private institutions.
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ASSAIF originates, designs, implements and manages those projects that may contribute to a spiritually, intellectually, and economically sound individual and societal development. It secures funding through the interest-free, asset-backed, and risk-sharing modes of financing. It also values and disseminates the culture of diversity, and encourages the development in Western societies of new forms of governance that take into account the financial inclusion of the Muslim communities. It operates on a project-basis model by sourcing the expertise required in the same location of the project’s development. Furthermore, ASSAIF invests sizeable financial and human resources in capacity building by promoting and sponsoring seminars and conferences around the world. These events provide for a better comprehension of the Islamic eco-system and help debating controversial issues. Lastly, ASSAIF fully supports Edizioni Dulcarnon.
With its value-based approach, ASSAIF partakes in the transformational reforms that are shaking the current international financial order. These reforms incorporate policies originating from religious backgrounds, such as the faith-based economy and the Islamic eco-system, and from civil society, such as impact investing. They all promote social and environmental responsibility, wealth redistribution, and good governance. They also advocate decentralized finance through crowd-funding and blockchain’s smart-contracts.
This website is divided into the following ten sections with all documents downloadable:
- Milestones : short abstracts of some fortyish projects; each one of them is innovative in its own right and epitomizes a distinctive line of business. Ranging from six months to several years, with some initiatives still ongoing, they have been carried out in Muslim as well non-Muslim jurisdictions and across a range of subject areas. Full scripts available on request.
- Progetto Pilota Genoardo : the full script of the two-year ground-breaking project for the sound management of the Muslim communities living in the West. It is based on the classical Roman, later Islamic, nowadays dubbed by sociologists ‘salad-bowl’ – in contrast to the ‘melting pot’ – approach.
- NewLifeStyles (NuoviStilidiVita) : all sections and stages of a three-year European-wide initiative that, to this day, informs the European Union policies on social and solidarity economy. In Italy it has become the bible of solidarity economy.
- Italian Islamic heritage : an initiative, at its inception, that, through an interdisciplinary approach, aims to promoting knowledge, management, international and domestic fruition of the truly unique, yet unknown, millennium-old Islamic heritage scattered across the Peninsula.
- Articles : a selection of one hundred and thirtyish articles, interviews, lectures, talks and papers published over the years. They include essays written during the master’s degree and doctoral studies at the ‘Institut Universitaire de Hautes Études Internationales’ in Geneva.
- Events : over fourteen hundred presentations made at a more than two hundred events organized, chaired, or attended by ASSAIF bear a unique testimony of the continuous development and refinement of the Islamic eco-system and its modes of financing.
- Agenda : the programmes of more than five hundred and eighty forums attended by Alberto Brugnoni provide a unique source of information on the players, the stakeholders, and the issues debated. In addition, they signpost Alberto’s personal journey from investing in commodities to environmental and ethical finance to the safe haven of Islamic finance.
- Press : information distributed worldwide to news agencies and the public to highlight projects and events of particular relevance.
- MoUs : a choice of six Memorundum of Understanding made public.
- From the past : chosen pics that bear testimony to the efforts deployed over the years to bring Islamic finance to different audiences around the world.
VIDEO
Patrimonio culturale islamico e integrazione sociale
CONSOB
LA FINANZA ISLAMICA NEL CONTESTO GIURIDICO ED ECONOMICO ITALIANO
La finanza islamica è, da un lato, un’area le cui dimensioni sono cresciute enormemente fino a costituire un segmento considerevole dei mercati finanziari globali, dall’altro, un importante (oltre che peculiare) modello alternativo di intermediazione finanziaria.
BANCA D’ITALIA
FINANZA ISLAMICA E SISTEMI FINANZIARI CONVENZIONALI. TENDENZE DI MERCATO, PROFILI DI SUPERVISIONE E IMPLICAZIONI PER LE ATTIVITÀ DI BANCA CENTRALE
Il lavoro analizza la finanza islamica nella prospettiva di una Banca centrale e Autorità di vigilanza, con particolare riguardo al contesto europeo e italiano.
AIAF
OBBLIGAZIONI ISLAMICHE E CARTOLARIZZAZIONI IMMOBILIARI. LE PROSPETTIVE ITALIANE PER L’EMISSIONE DI UN SUKUK
La finanza islamica è un insieme di strumenti e norme che permettono ad alcuni intermediari economici di fare finanza senza l’uso degli interessi (ribà) proibiti dall’Islàm.
ABI
LA BANCA ISLAMICA : PROSPETTIVE DI CRESCITA E QUESTIONI APERTE
Tra i divieti principali che influenzano l’economia e la finanza vi è la proibizione dell’interesse. La sua istituzione risponde all’obiettivo di conseguire condizioni di equità e giustizia economico-sociale prevenendo ogni forma di sfruttamento.
MEDIOBANCA
DEVELOPMENT OPPORTUNITIES FOR AN ITALIAN BANK IN SHARIAH-COMPLIANT PRODUCTS
Within the many different Shariah-compliant products available, Mediobanca has currently focused on two classes: i) Shariah-compliant funding; ii) Shariah-compliant structured project finance.
MONTE DEI PASCHI DI SIENA
ISLAMIC BANKING – LA FINANZA ISLAMICA
La finanza islamica di oggi presenta “somiglianze di metodo” con la finanza occidentale dell’ottocento, ma si distacca dalla finanza moderna, che si basa anche al ricorso alla leva finanziaria e al principio di OtD (creare per distribuire). La finanza islamica si differenzia dalla Finanza Etica.
