What is Islamic Finance?

Ethis aims to build a community of investors and businesses where risks are shared and capital is channelled into a real economic activity that benefits the communities receiving the investments. Essentially, Ethis contracts follow the basic Islamic principle of sharing risk while seeking profit rather than the model used by banks which is transferring risk while seeking profit. Part of implementing this principle is clarifying that there are no capital guarantees because guaranteeing capital in investment is akin to Riba (interest) and it also contradicts the principle of risk sharing. We exercise all options to practice responsible management at the highest level, but we do not guarantee anyone against all the unexpected misfortunes of life. This is because we don’t believe in one party only bearing to gain while the others bear the possibility of loss. We profit together or we share loss together.