Following our principles

Our Shari’ah Supervisory Board and internal Shari’ah department ensure that all activities and investments undertaken by the firm are Shari’ah compliant.

Shari’ah Supervisory Board

Our Shari’ah Supervisory Board ensures that all investments undertaken by the investment teams comply with Shari’ah principles. Our Shari’ah Supervisory Board also approves the audited financial statements of Arcapita, confirming adherence to Shari’ah principles.

Our Shari’ah Supervisory Board comprises the following prominent scholars:

Sheikh Muhammed Taqi Usmani

Chairman of Shari’ah Supervisory Board

Sheikh Esam Mohamed Ishaq

Shari’ah Supervisory Board Member, Chairman of Shari’ah Executive Committee

Sheikh Dr. Yousuf Abdullah Al Shubaily

Shari’ah Supervisory Board Member

Sheikh Mohammed Isa Al Jamea

Shari’ah Supervisory Board Member, Member of Shari’ah Executive Committee

Understanding Shari’ah Investing

Key facts about Shari’ah-compliant investing

1. Certain businesses are prohibited:

A potential investment must not be associated with gambling, alcohol, tobacco, pornography, conventional banking and insurance, or the production of pork products.

2. Financing Restrictions:

Financial transactions must avoid earning or charging interest. If interest is earned inadvertently, it should be donated to charity.

3. Clarity is key:

Contracts must avoid uncertainty and ambiguity.