Deutsche Bank’s entire Shariah finance and investment team has left the bank to join BMB Group, the Brunei-based Islamic asset management provider. The Deutsche team was centred in a bank subsidiary called Dar Al Istithmar and is led by Islamic economist Dr Humayon Dar. It is estimated the team advised in the set up of over $20 billion in product volume. BMB is an Islamic asset management and advisory firm with growing operations in the Gulf States, Europe and Asia. It is currently engaged in a $5 billion deployment in the alternative asset management spectrum.