Shariah Capital is a Shariah specialist focused on cross-border investment and advisory opportunities in the Shariah-compliant asset management space. At the parent level Shariah Capital creates and customizes Shariah-compliant financial products and platforms and provides highly selective Shariah advisory services primarily to global financial institutions, sovereign wealth funds, and Shariah focused investment firms. The company is well known for Dubai Shariah Asset Management (DSAM), its ongoing joint venture with the Dubai Multi Commodities Centre (DMCC), a Government of Dubai Authority, its pioneering efforts in Shariah-compliant hedge funds and fund of funds, and its longstanding relationships with leading Shariah scholars.
In April 2013 Shariah Capital created a wholly owned subsidiary Compass Point Analytics. Compass Point Analytics provides proactive solutions for organizations facing the Committee on Foreign Investment in the United States (CFIUS). In September CPA advised on the largest China US M&A transaction of 2013.
In May 2013 Shariah Capital, in collaboration with Mondial (Dubai) and Tatweer Management Consulting, created a joint venture in the United Arab Emirates. Mahal Thqa Financial Advisors (THQA) provides Shariah-focused Independent Financial Advisor (IFA) services and solutions within the UAE. Shariah Capital believes it is the first Shariah-Centric IFA of its kind. In January 2014 the joint venture was granted a commercial registration No. (351819) (Banking & Financial Consultant) under the name of Mahal Thqa Financial Advisors, LLC by the Department of Economic Development (of Dubai).
The company is well known for; its ongoing Shariah joint venture with the DMCC, a Government of Dubai Authority, its pioneering efforts in Shariah compliant hedge funds and fund of funds, and its longstanding relationships with Shariah scholars.