For certain assets classes and transaction types, i.e. for illiquid and large transactions, transaction proactive Shari'a monitoring is essential
Dar Al Istithmar’s pro-active Shari’a monitoring services include reviewing proposed transactions for Shari'a compliance prior to any transaction being initiated
Periodic Shari'a Monitoring
Dar Al Istithmar reviews transactions as agreed in the development phase at periodic intervals to determine whether the screening process, as per the approved screening methodology, has been followed
Subject to successful completion of the Shari’a monitoring, an “Opinion on Shari’a Compliance” for each monitoring period is issued which is approved by our Shari’a Supervisory Board
Purification Strategies
We advise our clients on purification strategies where non-Shari'a compliant incomes have been identified during the periodic monitoring process
Der AL Istithmar
