Academy · Buy side · for distributors
Shariah-compliant dealer finance in practice
Follow one Shariah-compliant facility through its three agreements in order (the financier buys the goods from your anchor, you take delivery and hold them as its agent, then you buy them from the financier at a disclosed cost-plus price paid on a deferred date) and explain why that price is fixed, what you must do with the goods while they are in your custody, and what you still owe if they have not sold.
The readiness gap this closes
Gap this module closes
You cannot show where your stock is kept, that it is insured, or that nothing else is charged over it
Under the documented terms security is taken on both buy-side structures: on a conventional facility the typical package is a charge over the financed goods themselves, and on a Shariah-compliant arrangement you hold the goods as the financier’s custodian until the sale completes and insure them from the moment you take possession. What strengthens your position is being able to show where the stock is held, that it is insured, that it can be matched to the order it came from, and that nobody else already holds a charge over it.
When the Academy opens
This module will be delivered through the Academy with your progress and completion recorded, reached from this site without a second login. Until then the short version above covers the essentials.