Investment Prospectus April 15th 2009

In order to be deemed Shariah-compliant, an Islamic product must be overseen by a Shariah advisory board or Shariah supervisory committee of renowned Islamic scholars. Once this board satisfies itself that a proposed product and structure is compliant with Shariah principles, it issues a fatwa (decree) on the proposal. The product can be marketed only when the fatwa of Shariah compliance is issued. Upon the launch of the product, the Shariah advisory board continues to monitor the product on a regular basis to ensure compliance, and in effect, to act as “Shariah auditors” for the product. ...