Today, the Shari’a scholarly resources available to clients worldwide are completely changing the potential for new businesses and investment funds. Your trip to setting up an Islamic enterprise in 1990’s would look quite different today. Simply because you have much more scholarly power at your fingertips, and you don’t even have to worry about huge retainer costs, time spent on product reviews and certification. Institutions like ours let you directly explore ideas from a Shari’a perspective with just a few keystrokes or a phone call. Having direct access to Advisory experts makes it so easy for institutions to share information and better understand how their products will function in the world of Islamic businesses. And once you begin to understand, you can start to foster positive change.
One such institute inspiring to illuminate the world of Islamic investment funds in multiple industries is Bahrain based Investrade. Our objective in the engagement with them is to create a Shari’a Supervisory Board while directly handling and reporting to the members of the Shari’a Board all product structuring, queries, preliminary reviews and Shari’a Audit functions.
Today, on celebrating the approaching 10th birthday of Shariyah Review Bureau (only two weeks away!), our wish is for individuals and institutions around the world to think about ways they can use their investment ideas in a Shari’a compliant way and to learn more about the wonderful world of businesses we share. You have the power to do so much more in expanding the field of Islamic investable universe than others did back in 1990’s, to spark an inspiring change which no one could have imagined back then. And you can do it no matter where in the world you are.