AlMadar provides advisory and consultancy services to conventional financial institutions, assisting them to structure and offer Sharia compliant fund and asset management services to their clients.
The Advisory services include:
- Developing Sharia compliant transaction structures
- Obtaining Sharia approvals & Fatwa’s
- Reviewing & approving legal documentation in accordance with Sharia
- Providing Sharia compliant stock screening, and dividend cleansing
- Structuring & calculating Sharia Compliant indices / benchmarks
- Setting up Sharia Supervisory Board’s