Al Waseelah IMMC^TM, Shariah Compliant, Liquidity Management Products

With the clear objective of risk mitigation, Al Waseelah IMMC^TM has built-in enhanced credit protections. Insurance offers real protection in case of a negative event. Additional to the Insurance cover each transaction has a built-in over-collateralization in the form of several reserves. The Issuer is the loss payee on behalf of investors.

Shariah compliant agreements with eligible counterparties for the purchase of commodities or other goods (including non-perishable consumer goods). These agreements will be primarily sale and purchase agreements at various points along the supply chain. There is no commodity speculation.

The assets are self-liquidating with an automatic rollover option, for which there is a strong demand in the market. Investors are offered the option to invest in short-term revolving assets with a positive net return. The actual breakdown of the Goods will change day to day and week to week with details available on our proprietary Dashboard.

To enhance transparency and security for both investors and insurers, the data of the certificates are kept and monitored in a dashboard built with proprietary technology. The dashboard is up to date in accordance with the principles of the “Look Through Approach” set out in various regulations which include Solvency II, capital adequacy rules, and BIS capital retention rules.

World-renowned shariah advisers, Khalij Islamic Business Consultancy provide oversight on both transactions and ethics of the programme.