BESPOKE ISLAMIC FINANCE ADVISORY SERVICES
The central tenet of Islamic Finance is that money has no intrinsic value. Islamic Finance lenders cannot loan money to a customer, nor receive money from a customer and expect to benefit. Profit must only be generated through legitimate trade and investment in assets.
Islamic law forbids any form of interest (riba) or gambling (maysir). Transactions that are not transparent (gharar) are also banned. This means that the vast majority of conventional assets and popular conventional trading strategies (which rely on speculation) are prohibited by Islamic Finance.
Islamic financial instruments often provide higher profits than conventional assets, because the investment’s high ethical quality stimulates stronger demand.
There is also a belief that conventional and Islamic markets move in opposite directions during crisis periods. So when conventional markets drop, Islamic markets advance. Islamic markets therefore offer a route for investors to diversify their portfolios and hedge against declines in conventional markets.
HOW WE CAN HELP YOU
PLAN FOR THE FUTURE
We have recently noticed a drive towards more bespoke and complex debt restructuring, especially with regards to a family’s succession strategy. Managing the sudden absence of a founding patriarch or matriarch is a critical moment for a family. If the vacuum is not filled, trust and probate litigation are likely to erode family wealth.
One of the key drivers of successful wealth structuring is providing for an orderly transfer of wealth from one generation to the next. Trust and foundations that are fully compliant with Shari’ah law, notably with regard to the Islamic rules of inheritance and restrictions on investment, are becoming more prevalent.
Private wealth structuring compliant with Shari’ah law is a growing area and one in which we have many valuable insights and contacts.
CORPORATE SOCIAL RESPONSIBILITY
Shari’ah compliancy requires that Islamic financial institutions and banks evaluate their financing in terms of their social contributions as well as strictures such as riba.
Social responsibility and contributions are voluntary for conventional financial institutions, but are requirements for Islamic financial institutions. This is because Islamic institutions are viewed as an integral part of the larger civic environment and therefore expected to contribute to the broader community.
We are a team of Islamic Finance specialists with 15 years of experience advising clients on how to manage their affairs. Our impartial advisers can help clients assemble bespoke financial planning solutions, as we have access to a wide variety of Islamic financial institutions.
We will help you accumulate, protect and distribute your wealth, in a way that is in accordance with Islamic values and principles. This service is ideal for those who wish to plan for their future while following Islamic values.
Al Sana Finance’s services are entirely not-for-profit. Any commission we generate from providing these services will be used to empower society, through grants for education projects or startups.
Level 30, The Leadenhall Building
122 Leadenhall Street
London, EC3V 4AB