Sunday, March 24, 2013

World Islamic Investors' Club?

Because of so dominant debt based financing with risk transferring mechanisms, which eventually fail to ensure a sustainable achievement in the advance economic reality, resulting of which the fund owners (investors) of different sectors of the world had been suffering with uncertainty of the future of their respective funds. Alternatively, many investors are kin to adapt asset backed financing with risk sharing techniques (recognized by the Divine principles of Shari'ah as a holistic package), aiming to achieve their integrated goals with utmost safe & security. Investors from different background (with no issue of race, religion, gender, nationality & color) have been participating in the Shari'ah structured investment sectors (equity & capital markets) on their own micro-arrangements...


World Islamic Investment Cooperation (WIIC)?

The brain child idea with conceptual architecture of WIIC had been began since 2006 through my humble initiative & efforts with gradual effect by referring to the phenomena of wealth & investment management in different parts of the muslim and some parts of non-muslim world, desired by the respective owners to be structured under the principles of Shari'ah, which ought to be further standardised as to its system, operation & end results for the added benefit of the Ummah in reality. The existence of fund alone may not be able to ensure the right achievement unless being integrated with the right system of offerings, genuine parties & relevant projects or avenues, all of which shall be pillared on mutual cooperation of the universal spirit of brotherhood among all fund owners,...


Investment through Holistic Cooperation & Humanitarian Concern?

Islamic investment means a joint pool where investors contribute their surplus money for the purpose of its investment to earn halal profits within the strict conformity with the principles of Islamic Shari’ah. The subscribers of the fund may receive a document certifying their subscription and entitling them to the pro-rata profits actually earned by the Fund. These documents may be called ‘certificates’, ‘units’, ‘shares’ or may be given any other name, but their validity in terms of Shari’ah, will always be subject to two basic conditions. First, instead of a fixed return tied up with their face value, they must carry a pro-rata profit actually earned by the fund. Therefore, neither the principle nor a rate of profit (tied up with the principle) can be guaranteed. The subscribers...


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