The CIB has been wound up by the Central bank. The IBS, being a service offered by the bank has therefore also been discontinued. First Citizens Bank has taken over the assets, so we've yet to see what will happen there.
Here are some updates from the Central Bank's site:
The Government Of Trinidad And Tobago And The Central Bank Of Trinidad And Tobago Move To Protect Investors
30-Jan-09: In a move to protect the interests of depositors and policyholders, the Minister of Finance, Mrs. Karen Nunez-Tesheira and the Governor of the Central Bank of Trinidad and Tobago today announced that the Government has reached an agreement with the CL Financial Limited Group for the provision of a package of financial support for the group’s financial services companies. more»
Anyone with money in CIB and needs info on what they can do, can call Rhonda (CLICO agent) at 740 5377.
Is that a halaal option???
__________________ Sahih al-Bukhari No. 6057. Narrated Aisha (ra):The Prophet was asked, "What deeds are loved most by Allah?" He said, "The most regular constant deeds even though they may be few." He added, 'Don't take upon yourselves, except the deeds which are within your ability."Reciter: al-Ajmy...Surah al-Faatihah - (The Opening: First Chapter of the Quran) | The text
She is my investment agent and she is aware of what is allowed for muslims and what is not, the investments are usually tied in with the islamic banking companies.
__________________ Wallaahu a'lam
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