Citadel Trustee Berhad COMPANY Citadel Trustee Berhad (CGOT1 Fund) TYPE Provisional Certificate ISSUANCE DATE 12/09/2024 EXPIRY DATE 11/11/2024 CERTIFICATE NUMBER ADL00230924 COUNTRY MALAYSIA PRODUCT CG OPTIMA TRUST 1 (CGOT1) SHARIAH STRUCTURE DOCUMENTS REVIEWED Declaration of Trust, Trust Deed, CGOT1 Presentation Deck, and CGOT1Factsheet STATUS EXPIRED
Xgage Technologies Sdn. Bhd COMPANY Xgage Technologies Sdn. Bhd TYPE Pronouncement ISSUANCE DATE 12/11/2024 EXPIRY DATE 11/11/2025 CERTIFICATE NUMBER ADL00261024 COUNTRY MALAYSIA PRODUCT Automated solutions for hotel and homestay operators. SHARIAH STRUCTURE Startup company receiving investment through HasanVC. DOCUMENTS REVIEWED Pitch Deck, Balance Sheet, Islamic Bank Account Statement, KYC Checklist, Shariah Adherence Declaration, Shariah Compliance […]
Ar-Rahman Foundation COMPANY Ar-Rahman Foundation TYPE Pronouncement ISSUANCE DATE 16/10/2024 EXPIRY DATE 15/10/2025 CERTIFICATE NUMBER ADL00251024 COUNTRY USA PRODUCT YMCC Project Investment. SHARIAH STRUCTURE Musharakah DOCUMENTS REVIEWED YMCC LOI for Equity, YMCC Promissory Note. STATUS ACTIVE
FivePearls (Sukun Growth Fund) COMPANY FivePearls (Sukun Growth Fund) TYPE Certificate ISSUANCE DATE 09/12/2024 EXPIRY DATE 08/12/2025 CERTIFICATE NUMBER ADL00241024 COUNTRY AUSTRALIA PRODUCT Wholesale Investment Fund Managed by FivePearls. SHARIAH STRUCTURE Restricted Wakalah bil Istithmar to collect funds and invest in property development and acquisition, sharing profit from sale proceed and value appreciation of the […]
STECs (SAFEi) COMPANY STECs (SAFEi) TYPE Certificate ISSUANCE DATE 11/09/2024 EXPIRY DATE 10/09/2025 CERTIFICATE NUMBER ADL00220924 COUNTRY NIGERIA PRODUCT SIMPLE AGREEMENT FOR FUTUREEQUITY – ISLAMIC (SAFEi) SHARIAH STRUCTURE SAFEi DOCUMENTS REVIEWED SAFEi contract STATUS ACTIVE
NoorVest COMPANY NoorVest TYPE Certificate ISSUANCE DATE 10/09/2024 EXPIRY DATE 09/09/2025 CERTIFICATE NUMBER ADL00210924 COUNTRY USA PRODUCT WEALTHISOR LLC D/B/A NOORVEST SHARIAH STRUCTURE Investment advisory firm. DOCUMENTS REVIEWED Islamic Investment Compliance Operating Procedure, Investment Advisory Agreement, Ongoing Financial Planning Agreement, and Form ADV Part 2A & 2B. STATUS ACTIVE
Shokran COMPANY Shokran TYPE Certificate ISSUANCE DATE 13/09/2024 EXPIRY DATE 12/09/2025 CERTIFICATE NUMBER ADL00200924 COUNTRY CANADA PRODUCT Product of Finvoka Payments SHARIAH STRUCTURE Payment gateway, crypto services DOCUMENTS REVIEWED Shariah review of the Business Strategy, Shariah maintaining commitment, Crypto service agreements, Money transfer and exchange service agreements, Meeting minutes, KYC agreement, and Website. STATUS ACTIVE
Trio COMPANY Trio TYPE Certificate/Pronouncement ISSUANCE DATE 14/06/2024 EXPIRY DATE 13/06/2025 CERTIFICATE NUMBER ADL00190624 COUNTRY USA PRODUCT Trio Home Buyout Program SHARIAH STRUCTURE Murabaha Home Financing DOCUMENTS REVIEWED Master Agency Agreement, Agency Agreement, Purchase and Sale Agreement, Buyout Promise Agreement, Legal Waiver and IndemnificationAgreement, Home Buyout Agreement, Home Payment Protection Contract, Memorandum of Contract for […]
FivePearls COMPANY FivePearls TYPE Certificate ISSUANCE DATE 21/01/2024 EXPIRY DATE 20/01/2025 CERTIFICATE NUMBER ADL00170124 COUNTRY AUSTRALIA PRODUCT A company that manages funds and invests in property development. SHARIAH STRUCTURE Musharaka to collect funds and invest in property development, sharing profits from property sales and value appreciation of land. DOCUMENTS REVIEWED Shariah review of Information Memorandums, […]
RPSi COMPANY RPSi TYPE Pronouncement ISSUANCE DATE 16/06/2023 EXPIRY DATE 15/06/2024 CERTIFICATE NUMBER ADL00160923 COUNTRY MALAYSIA PRODUCT SHARIAH STRUCTURE Tawarruq Structure for Ethis crowdfunding DOCUMENTS REVIEWED Reviewed the proposed RPSi structure as per resolutions of Shariah Advisory Council of the Securities Commission of Malaysia. In addition, the Shariah Adviser has also reviewed the following Key […]