Kazakhstan based Mudarabah Capital gets certified by Shariyah Review Bureau
- First of its kind program will help Mudarabah Capital lead the role in local investment opportunities.
October 19, 2020 - Kazakhstan based Mudarabah Capital today announced the engagement of Shariyah Review Bureau to certify and supervise its investment opportunities. This is the first such Sharia compliant offering by Mudarabah Capital and one of the first in the country.
“We are excited to offer our investment in a Sharia compliant manner and present access to what the government tenders framework provides. In particular, the Islamic offering enables us to translate our historic record of investment into an even more favorable opportunity given the investment will be transacted using the Islamic Mudaraba modality,” said General Director, Ruslan Burkanov, at Mudarabah Capital.
“We expect our Sharia compliant program to stimulate further direct investment into our offering by Islamic investors by presenting a pathway of access to a powerful opportunity which complies with Sharia principles for a more diverse array of investors, including small, large family-offices and businesses”,Ruslan added.
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Press Release