Yes, all investments we bring to our investors are Sharia-compliant. Since Cur8 itself invests and/or gets a profit share from deals, we are as concerned about Sharia compliance as you are. We regularly turn down interesting opportunities if they raise compliance issues.

We also undergo an annual Sharia audit to provide assurance of continued adherence to Islamic finance standards, as well as holding quarterly Sharia board meetings to review ongoing and live matters.

We cover three main types of investment:

• Businesses – These are pure equity-based investments. We carefully screen companies to ensure they do not operate in non-compliant sectors such as alcohol or gambling. We also avoid startups that are likely to require debt financing later and negotiate legal terms to manage less obvious compliance risks.
  
• Real estate – We partner with Sharia-compliant providers who use only Islamic financing where required.
  

Fixed income – We partner with providers who invest exclusively in Islamic products.

Our founding partner, Ibrahim Khan, holds a Master’s degree in Islamic Finance and an Alimiyyah degree, and he leads much of the compliance screening. In addition, we have two other Muftis whom we consult when needed. You can learn more about them on our forum.

To maintain robust governance, we conduct an annual Sharia audit and quarterly reviews with our Sharia board.

Yes. For each investment we share a Sharia and Zakat analysis. These can be found on the deal page as a separate document or included in the main investment deck.