Yes, all investments we bring to our investors are sharia-compliant.

We cover 3 main types of investment: investments into businesses, real estate and fixed income.

Investing in businesses is by its nature is Sharia-compliant as it is a pure equity based investment. We screen companies to make sure they are not operating in any non-Sharia compliant industries such as alcohol or gambling. We also ensure that our startups are not in sectors where they are very likely to require debt finance at a later date. We carefully negotiate legal terms to navigate around some of the less obvious sharia-compliance issues as well.

On the real estate side we partner with sharia-compliant providers who use only Islamic financing if necessary.

On the fixed income side we partner with sharia-compliant providers who invest only in Islamic  investments.

One of our founding partners, Ibrahim Khan, has a masters degree in Islamic Finance as well as an Alimiyyah degree, and so he does majority of the screening. In addition to Ibrahim, we currently have two other Muftis that we engage with when needed. You can find out more about them on our forum.

Since Cur8 itself invests and/or gets a profit share from deals, we’re as concerned about sharia compliance as you are. We regularly turn down interesting investments because of sharia-compliance issues.

No, Cur8 Capital strictly follows privacy regulations. We use your information only for internal processes, such as KYC and anti-money laundering (AML) compliance. We do not engage in selling or sharing your data with third parties.

We use a nominee structure for your shareholdings which is typical of large syndicates. This basically means that the shares in the startup are held by a company, known as a nominee. The actual share certificates will be held securely by a trusted and regulated third-party firm whom we work with. The nominee will then in turn provide you with a document which certifies your individual shareholding in the startup. This is known as beneficial ownership.

This is very standard and ensures that the startup has less administration to deal with as there is technically only one shareholder. HMRC also recognises this structure as being consistent with claiming SEIS and EIS so you don’t need to worry about that.