Successful Shariah finance structuring and administration requires the expertise and sensitivity that only an experienced team can offer. Coupled with Jersey’s robust regulatory regime, flexible legal system and tax neutral environment, Fairway is the perfect partner
The growth of investments aligned with Shariah principles is steadily gaining momentum, and it's crucial for Islamic investors to have confidence in the expertise and sensitivity of their external partners.
Fairway has a dedicated team that can navigate the complexity of Shariah compliance in a world of rapidly changing regulation. As a leading provider of Shariah compliant finance structuring and investment, we know just how important it is to welcome the right advisor into the family business. We have a strong knowledge of the technical requirements but also the nuances of Shariah law and what is required to successfully manage intricate and significant engagements.
Our experience includes Islamic Finance contracts and components, including Murabaha, Wakala, Ijara, Sukuk, Qard Al Hasan, Wa'ad, and Usufruct arrangements.
Our Islamic Finance Services include:
Corporate planning and administration with access to shariah-compliant professional service providers
Incorporation and administration of investment holding vehicles
Provision of experienced professional corporate directors, trustees, foundation council for Sukuk and securitisation structures
Administrative and transaction management
Company secretarial services
Corporate governance
Shariah compliant financial reporting and bookkeeping
Access to registered agents
What are Shariah compliant services?
A growing number of non-Muslim individuals and businesses are seeking Shariah compliant services due to the high ethical standards of this investment and management approach.
To remain Shariah compliant, individuals and businesses are prohibited from undertaking certain financial activities that are not deemed to mirror the Shariah law principles. These prohibited activities include the collection of specific interest or fees for monetary loans, as well as investments in businesses that provide goods or services deemed inconsistent with Islamic principles or values. Investments may not be made in businesses that operate outside of a stipulated debt-to-equity ratio, ensuring investment only in stable operators.
Dominic Coyne has over 20 years’ experience in the Finance Industry, with extensive knowledge in facilitating Islamic Finance Structures. Dominic’s main area of expertise, within the Islamic Finance arena, is through Murbaha, Sukuk, Wakala, Qard Al Hassan and Ijara.
Our Islamic Finance experts
Related services
"Fairway and the administrative team are very responsive, supportive and commercial in their management of our property portfolio. I would happily recommend the Fairway team as specialists in the real estate and administration services field. ”
A private client of Fairway Trust
Related articles
14 November 2024
Empowering Tomorrow: Succession Planning in Family Businesses and Governance for Sustainable Growth
In October, corporate leaders, family business owners, and industry experts gathered at The Chairman's Club, KIPCO Tower in Kuwait for the informative seminar hosted by Fairway Kuwait in collaboration with the Union of Investment Companies.
Read Article23 December 2024
Latest in the Middle East: CT Law Updates in the UAE
Since the United Arab Emirates (UAE) introduced its corporate tax framework 18 months ago, many businesses have been getting to grips with the new tax rules and have been working tirelessly to ensure tax compliance. Fairway's Chris Mourant, Associate Director, discusses recent ministerial decisions that have been published since the introduction of the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “UAE CT Law”), with the most recent, on 18th November 2024.
Read Article18 October 2024
Fairway Group opens Kuwait office
We are thrilled to announce that we have opened an office in Kuwait. Establishing a permanent presence will enable our team to continue to best meet the needs of clients, as well as to further grow the offering for our diverse, international client base.
Read Article