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New products, Shariah-first

From concept memo to launch documentation — we sit alongside your product, legal, and operations teams with independent structure guidance. You build and distribute; we advise on the Shariah layer.

Discuss a product
Scope

What we cover in product development

Structured support across the lifecycle — not a one-off tick-box before go-live.

  • Early concept screening — is the commercial idea structurally plausible under Shariah before you invest in legal drafting?
  • Contract and mechanism selection (Murabaha, Ijarah, Musharakah, Wakalah, Takaful wrappers, etc.) with rationale memos
  • Asset, cash-flow, and risk-allocation review against common AAOIFI shariah standards
  • Term sheet and customer journey review — where operational steps can break compliance
  • Pricing and profit mechanics — advisory view on whether stated returns align with the nominated contract
  • Launch pack review: product disclosure, FAQs, marketing copy, and internal policy wording
  • Post-launch change requests when you amend features, partners, or distribution channels
Retail financeTrade financeDeposits & savingsTakafulWealth wrappersSukuk programmesDigital wallets
Process

How an engagement runs

1 · Scoping call

Product summary, jurisdictions, target customers, and existing legal drafts. We confirm advisory scope and fees — no regulated activity.

2 · Structure workshop

Working session with your product and legal teams. We challenge assumptions and propose compliant alternatives where needed.

3 · Written opinions

Structure memo, contract recommendations, and implementation checklist for your internal sign-off.

4 · Launch support

Final document review and advisory letter suitable for internal audit and, where you choose, external stakeholders.

We do not design your product for you, set prices, approve credit decisions, or hold ourselves out as your SSB. We advise; your board and Shariah governance retain authority.
Deliverables

What you receive

Structure memo

Contract rationale, identified risks, and conditions for ongoing compliance.

Implementation checklist

Operational steps your teams must follow — documentation, disclosures, asset transfers.

Advisory letter

Formal written opinion for internal records; not a substitute for SFC or banking licences.

Workshop notes

Summary of discussions and agreed remediation items.

Marketing review

Comments on customer-facing materials to reduce mis-selling and riba language risk.

Escalation access

Named contact for urgent pre-launch queries within agreed hours.

Questions

Common questions

Do you replace our Shariah Supervisory Board?
No. We provide independent external advisory. Institutions with an internal SSB typically use us for second opinions, overflow capacity, or Hong Kong–Asia desk support. Final governance remains yours.
Can you advise on products we already launched?
Yes — we can review live products and recommend remediation. That may sit alongside our compliance monitoring service if you need ongoing assurance.
Is this regulated activity in Hong Kong?
No. We do not carry on SFC-regulated activities. We provide Shariah opinions only. You must obtain your own legal and regulatory advice for licensing and conduct requirements.

Planning a new Islamic product?

Share a concept note or term sheet — we will respond with scope and indicative fees.

Contact us