Asia Plantation Capital Berhad announced the attainment of Shariah compliance approval for its products by the IBFIM, formerly referred to as the Islamic Banking and Finance Institute Malaysia, the advisory body for Shariah compliance on all matters pertaining to Islamic banking in Malaysia.
Worldwide recognized 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 thus clears the method for Asia Plantation Capital’s products to be marketed and offered in Malaysia and the global markets as Islamic products that satisfies all requirements as set out under the laws of Islam.
“As part of Asia Plantation Capital’s objective to respect local culture and incorporate into the markets we are running in, gaining this approval for Shariah compliance of our items has been extremely important for us,” stated Mr. Steve Watts, CEO, Asia Plantation Capital, and Malaysia. “This gives our consumers right here in Malaysia and from around the Islamic world, self-confidence that they are not only investing in a sound item, however the assurance that it is socially accountable and fully in accordance with their beliefs. With increasingly more people in this region and the Middle East seeking to alternative and sustainable investments that they can rely on and be associated with, this is a strong statement of Asia Plantation Capital’s intent to fulfill their needs and our commitment to being socially responsible in every market,” continued Mr. Watts.
Asia Plantation Capital’s continued strong development in Malaysia has likewise seen the visit of Dr. Kodi Isparan Kandasamy, Senior citizen 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 Board of advisers.
Appointed to the International Scientific Advisory Board is Associate Professor Yumi Zuhanis Has-Yun Hashim, FIBMS, and International Islamic University Malaysia. Asia Plantation Capital has signed a Letter of Intent (LOI) with the university to aid in the Teacher’s studies into making use of Agarwood, Oud Oil and especially in the locations of cancer research which are currently showing extremely successful.
“These appointments into our Board-of-Directors and Global Scientific Board of advisers shows our ongoing belief that Malaysia is and will certainly continue to be a crucial market for our business. These experts in their respective fields will certainly contribute immensely to our business, research study and ability to operate effectively in Malaysia. I am quite anticipating working closely with them to accomplish more for our customers in Malaysia and worldwide,” added Mr. Watts.
Asia Plantation Capital are hosting a series of occasions beginning on the 21st February at The Address Hotel at the Dubai Shopping center to discuss their sustainable Oudh plantations’ and showcase their Oud Oil and products. The Address Hotel is likewise the place where their retail partner Fragrance Du Bois also have a concession in the Casal & Co boutique.