Certainly, only a financial system with such noble values can keep at bay any economic adversity in a society, and is bound to create equal opportunities towards...


Sukuk Issuance

Understanding the project

Structuring the project
Pre-marketing feedback

Transaction legal documents and Fatwa


Salam  Sale commodity 

Like istisna, Salam is another sale structure where certain commodity is transacted before coming into existence. In Salam, seller undertakes to supply certain commodity in future...



The principles of Islamic finance

Islamic finance is a subtle mix of economy, ethics and Islamic law (Sharia) resulting in financial transactions based on fairness, profit and loss sharing and real transactions.

  • Avoid riba
Riba which has come to be interpreted as interest, is forbidden in Islamic transactions. This is a fundamental principle for Islamic finance and banking. Therefore a conventional loan, for instance, is impermissible as it includes interest.
  • Avoid gharar and maysir
Any agreement that has a significant part of gharar (excessive uncertainty) or maysir (speculation) will be considered as invalid from a Sharia'a perspective. Preventable ambiguities and faults in the terms of the contract are also banned.
  • Avoid haram

According to Sharia'a, trade is only permitted in the goods and commodities that are declared halal (lawful). Consequently, any stock of a company that derives substantial income from haram (unlawful) activities (e.g. alcohol, gambling, non-halal meat, conventional banking) should not form a part of an Islamic investor’s portfolio.

Islamic Finance

Contrary to conventional financial system, Islamic financing principles are based on transparency, equality, full disclosure... 



Sukuk commonly refers to the Islamic equivalent of bonds. However, as opposed to conventional bonds, which merely confers...