Product Structuring
Shariah-compliant products designed with your team, from idea to launch.
What This Service Covers
Good Islamic finance products are designed, not simply converted from conventional ones. We work with your product, legal and risk teams to choose the right contract, map every step of the transaction, and prepare the documents your Shariah board needs to approve it.
The result is a product that is sound in Shariah, workable in your systems and easy for your staff to explain to customers.
Who It Is For
- Islamic banks and windows developing new products
- Fintechs building Shariah-compliant payments, savings, financing or investment apps
- Investment firms and fund managers
- Companies raising Shariah-compliant financing
What We Deliver
- Choice of the right contract, such as Murabaha, Ijarah, Musharakah, Mudarabah, Salam, Istisna or Wakalah
- Transaction flow and step-by-step process maps
- Shariah requirements and controls for each step
- Review of term sheets and legal documents
- Product manual and Shariah approval pack
- Training for the teams who will sell and run the product
How It Works
Discovery workshop
We learn about your customers, your goals and the product you have in mind.
Structure options
We present suitable Shariah structures and explain the trade-offs of each.
Design and documents
We map the transaction and review the documents with your legal team.
Shariah approval
The final structure is reviewed and signed off by our Shariah Advisory Board.
Launch support
We train your staff and stay available during the first months of operation.
Frequently Asked Questions
Can you work with our existing lawyers?
Yes. We work alongside your legal advisers so that the documents reflect the approved Shariah structure.
Do you work with fintechs and startups?
Yes. Many of our structuring engagements are for digital products, and we can work at the speed of a product team.
Do you also approve the product?
Yes. Once the structure is final, our Shariah Advisory Board can issue the Shariah opinion for it.