Khalij is our award-winning Shariah advisory partner. It is authorised and regulated by the Financial Conduct Authority in the UK and is completely independent of financial institutions and Shariah scholars. With over USD 1 billion assets under advisory, Khalij has worked with renowned Sharia scholars around the world across all asset classes and product types.
Service Offerings With Our Partner
- Provide end to end Sharia advisory services across all asset classes (including real estate, infra-structure, aviation, oil & gas and energy) and financial instruments, including sukuk, funds, structured notes, private equity, and derivatives.
- Conduct Sharia audit and assurance reviews of all transactions, products and financial statements to confirm compliance with Sharia rules and regulatory standards.
- Help clients raise funds - With more than 300 investors across Europe, GCC and Far East, Khalij has raised over USD 500 million in last 3 years.
- Assist clients to discretely dispose of assets across all asset types and jurisdictions. These could be financial instruments (Equity, Debt, Sukuk etc), real estate, oil rigs and shipping assets in the Middle East and Europe.
- Source and originate assets - This could be to diversify the asset base or take exposure in a particular type of assets. This includes evaluating investment opportunities across various asset types including: student accommodations, health care assets, offices, commercial real estate, structured notes, trade finance, leasing and aviation assets.
- Work with clients' treasury functions to raise and place deposits, offer structured solutions to enhance yield on treasury deposits and provide FX and hedging solutions.
- Help clients to securitise assets, issue notes or sukuks using Khalij's UK based Islamic Issuance platform in a time, cost and tax efficient manner. Each note can be issued in any major currency, with an ISIN and listed on a recognised stock exchange clearable on Euroclear/Clearstream.
- Offer clients a cost effective 24/7 online Sharia compliant commodity trading platform for the execution of commodity Murabaha transactions.
- Organise training and educational programs on Islamic Finance.