Press release
Tajweez Advisory Advises Chinese Business Hub (CBH) on its Dubai Commercial Investment for Shariah Compliance
From left to right: Mr. Tahir Awan, Mr. Gavin Smyth, Sheikh Mufti Ibrahim Essa, Mr. Farhan Noor
The Shariah Compliance certificate for the investment product was issued by Sheikh Mufti Muhammad Ibrahim Essa who is an eminent Shariah Advisor having worked with many institutions on several projects in different parts of the world, including US, UK, Japan, and Australia.
“The Dubai Commercial Investment product is structured on the basis of the Shariah concept of Ijarah or Leasing, and is now fully Shariah Compliant”, said Sheikh Mufti Ibrahim while issuing the Shariah Compliance certificate to CBH.
Gavin Smyth, Partner CrownGate Intl, and representing CBH, explained the product features. “It is definitely an attractive investment product. The investors have the opportunity to invest in the revolutionary concept of serviced office units located in Dubai South, which is an emerging 145 sq. km city, home to world’s largest airport in the making and of landmark events such as World Expo 2020 and the Dubai Airshow.
With a starting investment amount of USD 30,000 for one workspace serviced office unit, the investors are guaranteed tax-free returns of up to 12% per annum for 10 years to be paid quarterly with no running costs or management fees, an easy exit-strategy, and a 120% guaranteed buyback at maturity.”
“Shariah compliance brings added transparency and ethical values to the business table for the benefit of all, whether a Muslim investor or a non-Muslim,” said Farhan Noor, Executive Director, Tajweez Advisory. “In that regard, CBH’s initiative to make its investment product Shariah Compliant is commendable.”
Tajweez Advisory, based in Bahrain and UAE, is the winner of “Best Islamic Finance Offering” award at the Wealth Briefing GCC Region, given by ClearView Financial Media, in 2014, and again in 2015, on the basis of achieving innovation, excellence, and genuine insight. For further details, visit www.tajweez.com
To know more about CBH and its Dubai Commercial Investment, visit www.chinesebusinesshub.com and/or contact Mr. Tahir Awan, Global Financial Controller, CrownGate Intl., UAE, at +971.45546240 or via email: t.awan@crowngateint.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tajweez Advisory Advises Chinese Business Hub (CBH) on its Dubai Commercial Investment for Shariah Compliance here
News-ID: 352175 • Views: …
More Releases from Tajweez Advisory Co. WLL
Tajweez Bahrain Launches Islamic Finance 360ᵒ Trainings
Tajweez Advisory Co. WLL, the first Pakistani backed advisory firm in Bahrain in the niche Islamic Finance sector, has launched their Islamic Finance 360ᵒ training project at the prestigious Institute of Bankers Pakistan.
The 3-Day intensive workshop titled ‘Islamic Product Structuring and Pricing: Tools and Techniques’ was conducted by a team of top-notch Shari’ah Scholars and technicians from October 7 till 9.
The workshop was accredited and made available to members of…
More Releases for Shariah
Post Brexit UK can tap the $5 trillion global halal consumer market to become th …
Request Immediate Publication
Headline: Post Brexit UK can tap the $5 trillion global halal consumer market to become the global hub & gateway to Ethical & Shariah Finance: Indian American Dr. Tausif Malik
“Post-COVID -19, the startups can give a great fillip to the UK economy and UK can be hub for Islamic Fintech, Halal food manufacturing, Halal cosmetics, and, Modest fashion”
“Halal Angels Network has partnered with two UK organisations - Educational…
IdealRatings and FTSE Russell launch the FTSE IdealRatings Sukuk Index
San Francisco - London, October 2020
IdealRatings Inc. launched the FTSE IdealRatings Sukuk Index in June in collaboration with global index provider FTSE Russell, incorporating IdealRatings’ Sukuk Shariah compliance screening methodology into the existing FTSE Sukuk Index methodology.
The FTSE IdealRatings Sukuk Index tracks the performance of US Dollar-denominated, investment-grade Sukuk that are issued in the global markets, providing investors with a transparent and objective measure of the market, enriched…
Contribution To The Global Revolution in Islamic Retail Banking
“Dubai Islamic Bank Seeks to Secure 40 Percent Stake in Panin’s Shariah Unit”
"Malaysian Islamic banking assets make up more than 85 per cent of total in Southeast Asia’s Islamic banking industry"
"Pakistan ranks ninth globally in terms of development of the Islamic financial services industry"
"Turkish Banks to Boost Islamic Finance"
"The International Bank of Azerbaijan assigns Shariyah Review Bureau to supervise the growth of its Shari'a Compliant Community Based Project's"
"Britain became…
AAA welcomes Shariah-compliant Alternative investments
News that a major Bahrain-based alternative investment bank has increased its investment in US real estate has been welcomed by Alternative Asset Analysis (AAA) as a further sign of the popularity of alternative assets among Muslim investors.
Boston, MA, November 24, 2011 - News that a major Bahrain-based alternative investment bank has increased its investment in US real estate has been welcomed by Alternative Asset Analysis (AAA) as a further sign…
IFIBAF signs collaboration agreement with Dubai Dar Al Sharia
Dubai based Dar Al Sharia which is the leading provider of Shariah services in the region has signed a collaboration agreement with the Frankfurt based Institute for Islamic Banking and Finance (IFIBAF).
The relationship between these two organizations originates from a highly success Islamic Finance Trade Mission to Europe conducted by Dubai Exports, an agency of the Dubai Department of Economic Development. The Islamic Finance Trade Mission sought to increase…
BAI launches first Islamic insurance cover
(Curepipe, Mauritius) – BAI Co. (Mtius) Ltd, the leading provider of life insurance in Mauritius, announced today that it has launched the first insurance policy in Mauritius which complies to the Islamic Shariah regulations.
Called ‘BAI Takaful’, this innovative insurance policy will operate under the direction of a Shariah Board comprising two Malaysian experts in Islamic finance.
“BAI Takaful is the first insurance policy that conforms to Sharia principles,” said CEO…
