Islamic Investment Principles are strictly observed by Hejaz. For an investment to comply with Sharia, there are a number of principles it must abide by:
Riba (prohibition of interest or usury)
Haraam income (impermissible investments)
Maisir/maysir (speculation and/or gambling
Gharar (excessive uncertainty)
The Accounting and Auditing Organization for Islamic Financial Institutions(AAOIFI) is an Islamic international autonomous non-for-profit corporate body that prepares accounting, auditing, governance, ethics and Sharia standards for Islamic financial institutions and the industry.
Global Islamic Financial Services Firm propriety limited (GIFS) is a South Africa based company specialized in providing Sharia Advisory services, supervision, Sharia auditing and human capital development. GIFS provide a superb quality of Sharia advisory and training to Financial Institutions who wish to offer for Islamic Financial Products to their clientele. They offer a diverse range of customized and tailored Shariah Consultancy Services which are seamlessly integrated into practical solutions that suits their clients complex and diverse business needs. Their advisory board comprises of experienced scholars and financial experts who bring their expertise and insight to meet the client’s needs.
IdealRatings, Inc. is a world class provider of financial research and data. With its extensive experience in fund management and research, IdealRatings has developed a number of solutions to cater to the different needs of asset managers across the globe. IdealRatings launched its flagship product; Sharia compliant asset management services, which was a true breakthrough and has indeed taken the industry to the next level.