Our Experience | Impressive Credentials and a Proven Track Record

Shari'a Structures

Dar Al Istithmar has developed various financial products including retail banking products (e.g. current accounts, overdrafts, home finance etc.), Islamic funds (e.g. equity funds, private equity and real estate funds, Sukuk funds, feeder funds etc.), Islamic indices and Islamic structured notes using various Shari’a structures including Mudaraba, Musharaka, Wakala, Murabaha, Istisna’a, Ijara, Salam and Wa’d. Some examples of the various products the Dar Al Istithmar team has been involved in are detailed below:

Real Estate

• Shari’a advisor on a multi million dollar Sukuk issuance to a major conglomerate in the Middle East.
• Shari’a advisor to a mega tower project, for a major construction group in the Middle East, part of the development in the heart of the holy city of Makkah.
• Advised on structuring, set up and monitoring of various real estate investment funds based in different jurisdictions

Investment Products / Investment Banking

• Shari’a advisor to a major European investment bank on a new range of Shari’a compliant structured notes and derivative products
• Shari’a advisor to an Islamic index provider.
• Managed and lead the structuring and set up of an Islamic issuance platform based in Europe

Asset and Fund Management

• Shari’a advisor to a European finance house and developed an innovative Shari’a compliant structure for shorting strategy
• Shari’a Advisor and monitor to a major European bank to set up an umbrella Islamic fund with several sub-funds.
• Shari’a Advisor to major financial institutions in the Middle East on structuring and monitoring of various Islamic funds (including equity, private equity, real estate and alternative investment funds)

Academic and Educational work

• Authored a series of educational booklets for a major financial institution in the Middle East
• Conduct educational road shows in upcoming Islamic finance jurisdictions and “Executive Workshops” on Islamic finance for financial institutions.
• Present and speak on Islamic finance related topics at major Islamic finance seminars and conferences
• Actively engage with the AAOIFI on development of new and reviews of existing standards
• Assist AAOIFI in delivering on the CIPA educational series
• In association with OIF, actively research on innovative topics and publish white papers for the wider benefit of the Islamic finance industry