Shariah Compliance Granted To Asia Plantation Capital For Its Products

Asia Plantation Capital Berhad an the attainment of Shariah compliance approval for its products by the IBFIM, previously known as the Islamic Banking and Finance Institute Malaysia, the advisory body for Shariah compliance on all matters concerning Islamic banking in Malaysia.

Globally acknowledged in the Islamic world as a leader in this field, IBFIM is registered and licensed by the Securities Commission of Malaysia to supply Shariah regulatory structures and advice, and its regulatory board is made up from some of the leading banks in Malaysia. IBFIM’s approval hence clears the method for Asia Plantation Capital’s items to be marketed and offered in Malaysia and the worldwide markets as Islamic items that meets all requirements as set out under the laws of Islam.

“As part of Asia Plantation Capital’s objective to regard regional culture and integrate into the markets we are running in, getting this approval for Shariah compliance of our products has been crucial for us,” stated Mr. Steve Watts, CEO, Asia Plantation Capital, and Malaysia. “This gives our customers here in Malaysia and from around the Islamic world, confidence that they are not just purchasing a sound product, however the assurance that it is socially accountable and fully in accordance with their beliefs. With more and more individuals in this area and the Middle East aiming to alternative and sustainable financial investments that they can rely on and be involved in, this is a strong statement of Asia Plantation Capital’s intent to satisfy their requirements and our dedication to being socially responsible in every market,” continued Mr. Watts.

Asia Plantation Capital’s continued strong growth in Malaysia has likewise seen the consultation of Dr. Kodi Isparan Kandasamy, Senior Vice President (AgBiotech), Malaysian Biotechnology Corporation as a Non-Executive Board Director of Asia Plantation Capital Berhad. Concurrent with this visit, Dr. Kodi has actually likewise been designated to Asia Plantation Capital’s International Scientific Advisory Board.

Selected to the International Scientific Advisory Board is Partner Teacher Yumi Zuhanis Has-Yun Hashim, FIBMS, and International Islamic University Malaysia. Asia Plantation Capital has actually signed a Letter of Intent (LOI) with the university to help in the Teacher’s researches into the use of Agarwood, Oud Oil and especially in the locations of cancer research study which are already proving extremely successful.

“These visits into our Board-of-Directors and Global Scientific Board of advisers shows our continued belief that Malaysia is and will certainly continue to be a key market for our company. These experts in their respective fields will certainly contribute profoundly to our business, research and capability to operate successfully in Malaysia. I am very much anticipating working carefully with them to achieve more for our clients in Malaysia and around the globe,” added Mr. Watts.

Asia Plantation Capital are hosting a series of occasions beginning on the 21st February at The Address Hotel at the Dubai.

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