17 November 2014
Signing a partnership agreement with USAA Real Estate Company, one of the lead managers in the US that manage more than $12 Billion in terms of Assets Under Management (“AUM”).
Appointed Shariyah Review Bureau (SRB) as our shariyah advisor.
SRB is the Corporate World’s leading Shari’a Advisor with scholarly presence in more than 12 countries from US, Europe, Africa, GCC and Asia. The breadth of geographical reach crossing national boundaries makes it one of few Shari’a consultancy bodies that can meet clients’ true international business requirements.
SRB provides professional Shari’a Advisory and Shari’a Audit services to public and private businesses, including commercial and corporate debt, Sukuks and Islamic equity markets, initial public offerings screening & Investment Banking Practice, energy firms and information providers. It serves multiple sectors of the financial industry with clients from Hong Kong, US, UK, Canada, France, Switzerland and the GCC. In Saudi Arabia alone it holds the market share of more than 13% of Saudi Investment Companies licensed by the CMA and +21% of the Co-operative Insurance Firms Listed on the stock-exchange market. It’s service offerings span a broad set of complementary disciplines that include product certification, consultation, Shari’a Audit and equity screening.