Shariah-Compliant Turnkey Solutions
We at ESAAC specialize in providing complete turnkey solutions to establish entire Islamic financial institutions or specialist units within existing organizations. Our abilities are in Islamic central bank departments, Islamic business banks, Takaful and Re-Takaful operators, asset management firms, and Mudharabah companies. Using policy formulation and procedures, preparation of standard operating manuals, and ensuring Shariah supervision through advisory services for a number of Islamic financial propositions, we ensure each step is kept firmly rooted in Shariah principles.
Our team has been at the forefront in coming up with Islamic finance regulations, policy research, law drafting, banking supervision, and implementing policy. We are extremely skilled in regulatory regimes and supervision tools for Islamic financial institutions and banks. Over the years, ESAAC has been at the forefront in designing, structuring, and administering regulatory requirements, helping to shape Islamic financial sectors in conventional banks, insurance companies, mutual funds, and the capital market sector.
Expanding our presence beyond institutions, ESAAC also offers Islamic Wealth Management services for High Net-Worth Individuals (HNIs). Applying tailored advisory and Shariah-compliant stock screening, we enable HNIs, corporates, and multinationals to invest in Halal that generates clean, ethical returns.
Through ESAAC, clients enjoy an even one-window Shariah-compliant solution—combining regulatory expertise, operational sophistication, and religion-based financial stewardship.
Shariah Supervision & Advisory
ESAAC provides in-depth Shariah Supervision and Advisory solutions over a broad range of Islamic financial offerings. Our senior Shariah scholars not only possess extensive experience in Islamic jurisprudence but also varied expertise in business and industry areas, allowing us to provide pragmatic, innovative, and faith-compliant solutions.
Besides advisory, we assist clients in establishing and structuring their Shariah Boards on their own in a credible, autonomous, and international standard-compliant manner. We offer tailored solutions from design and analysis to structuring, implementation, and upkeep—allowing organizations to achieve sustainable business growth while staying anchored to Shariah principles.
Product Development & Management
We at ESAAC do more than just design and develop products—We deliver an end-to-end product management service ensuring value over the long term and alignment with Shariah principles. We know how to handle the sophistication at each point in the product lifecycle, from concept creation and design through development, launch, and post-rollout administration.
Our group of seasoned product developers is joined by Shariah expertise, financial acumen, and technical skills to provide products that are not only innovative but also viable and sustainable. What is distinctive about ESAAC is our post-launch commitment. We engage closely with customers to:
- Review and hone product features from actual customers’ feedback.
- Integrate salespeople’s learnings to resolve arising issues and challenges.
- Renovate or reposition existing products to keep them relevant in the market.
- Sync products with changing customer needs and industry norms without compromising
Shariah compliance
This comprehensive process turns products into repeatable growth initiators and keeps them competitive, profitable, and credible in the market. Through managing the complete product life cycle, ESAAC allows our clients to concentrate on business growth while we keep their offerings in sync with both customer demand and Shariah standards.
Islamic Treasury & Investment Solutions
Treasury functions in Islamic financial institutions are distinct from traditional practices, as they have to be fully compliant with Shariah principles and at the same time provide financial stability and liquidity. At ESAAC, we develop and implement a full portfolio of Shariah-compliant treasury solutions to suit the specific requirements of Islamic institutions.
Our areas of expertise include:
- Reserve Management under Shariah parameters
- Foreign Exchange structures compliant with Shariah
- Liquidity Management frameworks devoid of interest-based mechanisms
- Islamic Money Market Instruments to fulfill regulatory and market needs
- Shariah-Screened Investment Portfolios, allowing treasury divisions to invest
purely in ethically acceptable, screened stocks and instruments that offer pure Halal returns
By strong policies, pioneering structures, and efficient procedures, ESAAC equips clients to manage liquidity, reduce risks, and seek profitable investments—without compromising on Shariah compliance.
Islamic Trade Finance Solutions Islamic trade finance needs structures that eschew interest-based mechanisms yet enable the free flow of international trade. We at ESAAC offer complete Shariah-compliant end-to-end trade finance solutions for Islamic banks and their customers who are involved in global trade.
Our solutions encompass a broad range of products and structures, like:
- Funded and Non-Funded Letters of Credit under Murabaha, Wakalah, or Musharakah frameworks
- Shariah-compatible substitutes for Bill Discounting
- Documentary Collections that adhere to Shariah principles
- Export Working Capital funding via asset-backed structures
- Export Credit Insurance that avoids gharar and riba
- Factoring and Forfaiting solutions developed under Islamic contractual structures
Through the combination of Shariah oversight with real financial know-how, ESAAC allows Islamic banks to direct trade flows, reduce risk, and increase cross-border opportunities—while guaranteeing that each transaction remains morally sound and in accordance with Islamic tenets.
Shariah compliance
We at ESAAC are convinced that people’s knowledge and vision are the backbone of any Islamic bank. Our Training & Development sessions aim to ensure that participants are not only imparted with the necessary technical know-how but also equipped with the leadership acumen required to achieve sustainable, Shariah-based growth.
We provide customized training modules for all levels of an organization, from operational staff to senior management and Board of Directors members. The programs are designed to ensure that top decision-makers are adequately trained in the concepts of Islamic finance, governance needs, and strategic incorporation of Shariah compliance in business operations.
Our training methodology integrates technical expertise with real-world experience, incorporating case studies, interactive sessions, and simulation exercises. Participants gain:
- In-classroom learning based on real-life situations
- On-the-job training to apply skills practically
- Tailor-made modules for individual departments and leadership levels
The syllabus takes a profound look at Islamic banking’s basis and development, practical usage across various lines of business, and current international trends influencing the sector.
ESAAC’s committed training staff assists clients in determining learning requirements, plans holistic training calendars, and implements focused programs that remain up to date with international best practices. Underpinned by experts with foundation Shariah expertise and long experience in the industry, our programs guarantee that participants—executives, managers, or directors—exit to become diversified leaders who can lead institutions both with excellence and conformity.
Finance - Pool Management and Profit Distribution
As opposed to traditional banks, Islamic banks function on an entirely different paradigm, wherein mobilization as well as utilization of funds needs to follow Shariah principles strictly. Because interest-based operations are not allowed, Islamic banks have to devise an open and fair system for mobilizing funds, investing them in Shariah-compliant channels, and sharing profits with stakeholders.
This mechanism is referred to as the Pool Management System. Through this system, money from different stakeholders such as depositors, financial institutions, and high-net-worth individuals (HNIs) is pooled together, frequently along with the bank’s own equity, to support Shariah-compliant assets. The profits arising from these assets are distributed among all participants based on pre-determined Shariah-compliant rules and ratios.
Governance of such a system is critical and challenging. It demands scrupulous oversight of Shariah compliance, equity, and precision in disbursing returns. The challenge is even greater if automation and technology are integrated into profit distribution, as the system needs to be able to manage varied pools, fluctuating profit-sharing ratios, and persistent monitoring for compliance—without jeopardizing transparency or stakeholder confidence.
At ESAAC, we excel in designing, overseeing, and optimizing Pool Management Systems that are not merely Shariah-compliant but also resilient, effective, and technology-enabled—with the ability to allow Islamic banks to effectively manage stakeholder expectations and regulatory needs with confidence.
Sukuk Structuring, Advisory & Certification
In traditional markets, financial instruments like bonds, pass-through certificates, and collateralized obligations tend to be issued through pooling debts such as mortgages, automobile loans, and credit receivables. In Islamic finance, Sukuk, on the other hand, have to eschew riba (interest), gharar (uncertainty), and maysir (gambling), and be supported by real assets or enforceable Shariah contracts. This complicates structuring, particularly with the increased use of hybrid Sukuk structures blending several contracts for financing various requirements.
With Islamic assets now surpassing USD 1 trillion globally, Sukuk have become one of the fastest-growing asset classes. They not only serve faith-based investors but also attract conventional institutions seeking ethical, asset-backed, and transparent investment opportunities. To capture this dual demand, Sukuk structures must be Shariah-compliant, commercially viable, and globally marketable.
At ESAAC, we offer comprehensive Sukuk structuring and advisory services from conceptualization through drafting, certification, and execution. Our unique strength is to bring Shariah scholars and financial engineers together, making sure that each Sukuk reconciles jurisprudential integrity with financial creativity.
Our Sukuk capabilities are:
- Structuring Sukuk (hybrid and innovative) that meets client funding objectives
- Shariah review, analysis, and fatwa issuance of Sukuk transactions
- Product certification and market positioning for optimal investor confidence
- Post-issuance monitoring advisory, so that Sukuk remains Shariah-compliant as well as meeting investor expectations
By this holistic process, ESAAC provides Sukuk models that are Shariah-compliant as well as pragmatic, lucrative, and competitive internationally—enabling clients to tap into capital markets with confidence and credibility.
Other Services We Provide
Aside from Sukuk structuring and advisory, ESAAC provides a full range of Shariah-compliant services to facilitate institutions, corporates, and investors in their pursuit of integrity, compliance, and market confidence:
Shariah Review, Analysis & Fatwa Services
We offer advanced review and analysis of financial products, contracts, and systems, issuing Shariah rulings (fatwas) for purposes of verifying authenticity, credibility, and conformity with the Qur’an and Sunnah.
Documentation Support & Management
ESAAC helps in preparing, reviewing, and handling legal and transaction documents, making all the processes conform to Shariah requirements and regulatory compliance standards.
Shariah Monitoring
Ongoing monitoring of financial operations, transactions, and processes to facilitate continuous compliance with Shariah principles, avoiding deviations upon product rollout.
Certification of Profit Distribution
Independent confirmation and certification of profit-sharing arrangements, guaranteeing transparency and fairness among stakeholders such as depositors, investors, and institutions.
Halal Certification
Business, product, and service certification across sectors, ensuring customers and regulators that products are in conformity with stringent halal requirements.
Shariah Screening of Stock Companies
Screening and monitoring of listed stocks according to AAOIFI and other accepted Shariah standards to sift out permissible investments, allowing investors to construct Shariah-compliant portfolios.
Zakat Calculation for Businesses & Companies
Corporate Zakat assessment services, funds, and high-net-worth individuals with the right Zakat calculation and Islamic obligation compliance, while maximizing social impact.