As the pioneers of Islamic Finance in Sri Lanka, we offer you a range of Ethical and Sharia – Compliant Investment products…
Mudaraba is an equity-based instrument where one party (Rabbul Maal) is the investor and the other (Mudarib), the fund manager. The ratio of profit sharing is determined at the time of making the investment.
In this partnership, the investor provides the funds and the Fund Manager provides the Management skills. The profits generated from the pool of investments are shared between the two in a manner where the investor is rewarded for the risk he/she bears and the Fund Manager is compensated for his Management skill.
In an unlikely event of a loss from an investment, the profits distributed to the investors are after the absorption of that loss by the pool of investors.
As a Mudarib, Amana is a trustee as well as an agent for the Investors and it uses its infrastructure, contacts, competence, know-how and goodwill in a prudent manner to obtain the best investment returns.
Amana will use the fund only to finance Sharia compliant and ethical business activities including, Local trading, Imports, Exports, Leasing, Housing etc.
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