We provide professional oversight and end-to-end management of Islamic Sukuk issuance to ensure Shariah compliance, legal soundness, and proper execution. Our services begin with reviewing the proposed Sukuk structure and assessing its compliance with Islamic Shariah principles and international standards. We supervise the preparation of the feasibility study and determine the issuance size, currency, and maturity profile. We oversee the Special Purpose Vehicle (SPV) to ensure the integrity of legal and Shariah procedures. We review all core documentation, including the offering circular, issuance agreement, and underlying asset contracts. We coordinate the required Shariah approvals from competent Shariah boards. We monitor marketing and distribution strategies and oversee subscription and settlement processes. We ensure the accuracy of listing procedures on financial markets. Post-issuance, we provide ongoing supervision of Sukuk management, including profit distribution and periodic reporting. We continuously monitor Shariah compliance and review performance reports. We also advise on refinancing at maturity and the development of future Sukuk programs.
Added Value:
- Profitability: Securing substantial funding from Islamic capital markets at competitive costs, while diversifying funding sources away from traditional bank financing.
- Cost Reduction: Lowering financing costs compared to alternative instruments, and obtaining flexible repayment terms aligned with project cash flows.
- Competitive Advantage: Building a strong reputation in the Islamic financial market and attracting a wide base of Shariah-compliant investors.
- Expansion: Financing major expansion projects through multiple Sukuk issuances and accessing global Islamic financial markets.
- Development: Strengthening relationships with institutional investors, building a sustainable funding base, and benefiting from the growing Islamic capital market.
- Performance Quality: Enhancing capital structure and governance as part of issuance requirements, while improving transparency and regular financial disclosure.
