IslamicFinance.de

Arabesque is a UK based fund manager. Their basic premise is that they combine cutting-edge artificial intelligence and algorithms with a powerful ethical screening tool. Arabesque consists of academics coming from a diverse array of fields including physics, computer science, artificial intelligence, and engineering. Through machine learning, big data and over 2501 environmental, social and governance metrics (ESG), its help investors to make more sustainable decisions. It also live-captures news signals from over 30,000 sources from over 170 countries and quantifies this information to form part of the analytics. Arabesque Q3.17 Systematic is a global Shariah compliant fund launched in 2015, adhering to Shariah investment guidelines and utilising the Systematic strategy. The smart algorithms adhere to a strict rules-based, quantitative approach and incorporate the Islamic shariah guidelines from AAOIFI.

Gatehouse Bank’s Home Purchase Plan (HPP) is the cheapest option available in the home purchase space for a number of the HPP products. The structure is identical in legal form to the Al Rayan HPP. The Gatehouse HPP uses a combination of freehold and leasehold to deliver a diminishing musharakah/ijarah model. Gatehouse buys the freehold title in the house at the closing of the transaction, and it is its name that appears on the title. But the buyer gets an equitable interest in the freehold by way of the contract (Diminishing Musharaka Agreement) and also gets a leasehold alongside Gatehouse. Time passes, the Buyer continues paying rent and buying further equity in the house until eventually he owns 100%.