Shariah Compliant Finance
ompliance to Shariah in business is not just being “Interest-free”, it is about being “fair” and devoid of any exploitive behavior in all commercial dealings. Additionally, transactions need to be devoid of speculation and deal only in non-prohibitive (from a Shariah perspective) businesses. This is a departure from the more prevalent notion that Shariah compliant finance is focused solely on interest free finance. At LICL, significant weightage is given to integrity and ethics in businesses and to socially responsible commerce.
Shariah complaint finance is one of the most dynamic areas of financial services today. Petro-dollars from the Gulf together with the vibrant economies of South Asia have combined to bring it to the forefront, offering an important source of funding diversity and liquidity for startups, companies and governments.
LICL’s Shariah Compliant Finance is an exchange where entities (institutions and individuals) that have the capability to invest resources interact with or seek businesses that require resources to create or expand world class Shariah compliant businesses.
A list of available opportunities can be found here. Please note that you will need to be a registered user to access this page. Please drop an email at [email protected] for more information.
Shariah complaint finance is one of the most dynamic areas of financial services today. Petro-dollars from the Gulf together with the vibrant economies of South Asia have combined to bring it to the forefront, offering an important source of funding diversity and liquidity for startups, companies and governments.
LICL’s Shariah Compliant Finance is an exchange where entities (institutions and individuals) that have the capability to invest resources interact with or seek businesses that require resources to create or expand world class Shariah compliant businesses.
A list of available opportunities can be found here. Please note that you will need to be a registered user to access this page. Please drop an email at [email protected] for more information.
Shariah Advisory
LICL in conjunction with its Shariah partner provides top of the line Shariah Advisory.
Shariah Opinion:
Shariah Training & Research:
Shariah Opinion:
- Assisting with the structuring of Shariah compliant products and offerings and issuing the relevant Fatwa
- Reviewing transaction documentation in accordance with the principles of Shariah
- Providing general Shariah consultancy/advice on an on-going basis
Shariah Training & Research:
- Delivering training on Shariah compliant financing techniques, products, services and transactions to clients
- Carrying out research in the field of Shariah compliant products, techniques and services in order to develop innovative products