Governmental Advisory

Our Solutions Designed For Governmental Requirements

Sukuk (Islamic Bonds) Advisory

  • Assist in issuing sovereign Sukuk as an alternative funding mechanism for infrastructure and development projects. This can attract investment from Islamic finance markets while aligning with ethical investment standards.
  • Provide guidance on structuring Sukuk in compliance with Shariah principles, ensuring legal and regulatory frameworks accommodate Islamic finance instruments.

Public Sector Funding Solutions

  • Propose alternative financing methods for public sector projects, such as using Islamic finance principles for Public-Private Partnerships (PPPs).
  • Recommend Shariah-compliant leasing models (Ijara) for public infrastructure, transportation, or equipment.

Shariah-Compliant Investment Funds

  • Help establish Islamic investment funds to attract foreign direct investment from regions where investors prefer Shariah-compliant instruments.
  • Design ethical investment portfolios that align with Islamic finance principles while also meeting broader Environmental, Social, and Governance (ESG) criteria.

Advisory on Islamic Insurance (Takaful)

  • Assist in setting up Shariah-compliant insurance (Takaful) for government projects, workers, or social welfare programs.
  • Propose frameworks for Takaful regulation, ensuring it aligns with both Islamic principles and the existing legal environment.

Policy and Regulatory Development

  • Help create legal and regulatory frameworks to accommodate Islamic finance products and services within the existing financial system.
  • Provide guidance on developing tax policies and incentives to encourage Islamic finance activities and attract Shariah-compliant investment.

Developing Halal Economy Initiatives

  • Support the development of a broader halal economy, including Shariah-compliant tourism, halal food industries, and ethical investment in halal sectors.
  • Advise on creating policies and standards to support halal certification and regulation.

Islamic Social Finance (Zakat, Waqf) Integration

  • Advise on leveraging Islamic social finance instruments like Zakat (charitable giving) and Waqf (endowments) for social projects such as healthcare, education, or poverty alleviation.
  • Propose legal frameworks to integrate Waqf management into public sector initiatives to support community development.

Capacity Building and Training

  • Provide training for government officials on Islamic finance principles, products, and regulatory requirements to enhance understanding and facilitate adoption.
  • Develop capacity-building programs to enable local financial institutions to offer Islamic financial services.

Islamic Microfinance and Financial Inclusion

  • Develop Islamic microfinance programs to enhance financial inclusion, especially targeting underbanked or economically disadvantaged populations.
  • Advise on implementing short term interest-free microfinance schemes (Qard Hassan) or at a small fee under tawaruq to promote social welfare and support small businesses.