Caiz: Shariah Compliance in Every Aspect
Our independent Sharia Supervisory Committee has reviewed and fully approved each of our products and services.
Why do we need an Islamic Compliant financial Ecosystem?
Islam provides comprehensive guidance on how Muslims should ethically manage their financial affairs.
An Islamic Compliant Financial Ecosystem empowers millions of global individuals with ethical financial solutions, unlocking financial freedom and creating fairness on a global scale.
Ethical Investing and Inclusion
Our approach guarantees ethical and socially responsible financial practices, suitable for everyone who values honesty in their financial activities.
Fairness and Equity
We adhere to the prohibition of interest as per Shariah law, ensuring fairness. Our financial dealings are based on profit and loss sharing, offering a balanced and equitable financial experience.
Asset-Backed Financing
Our financial transactions are always asset-backed, as required by Shariah law. This promotes stability and trust, offering a safer financial path for all our clients.
Ethical Investing and Inclusion
Our approach guarantees ethical and socially responsible financial practices, suitable for everyone who values honesty in their financial activities.
Fairness and Equity
We adhere to the prohibition of interest as per Shariah law, ensuring fairness. Our financial dealings are based on profit and loss sharing, offering a balanced and equitable financial experience.
Asset-Backed Financing
Our financial transactions are always asset-backed, as required by Shariah law. This promotes stability and trust, offering a safer financial path for all our clients.
Rigorous screenings
Our halal investments are structured in accordance with the strictest Islamic principles
Tobacco
Alcohol
Excess Debt
Firearms
Adult Entertainment
Impure Food Stock
Usurious Institutions
Gambling
Guided by Faith
Our products are accompanied by a fatwa from leading Islamic scholars. These fatwas confirm our commitment to Shariah compliance and guide your choices.
Our Sharia Certification Partner: IIBB
At Caiz, we prioritize adherence to Sharia principles, and to ensure our compliance, we partner with the International Islamic Blockchain Beratung e.V. (IIBB). IIBB is our external provider of Fatwa and Sharia certificates, meticulously auditing our services and products to maintain the highest standards of Islamic ethics. Their ongoing audits and certifications play a vital role in validating our commitment to ethical and Sharia-compliant practices, ensuring that our innovations are aligned with Islamic values. For more information, please visit the IIBB website.
Our Sharia Certification Partner: IIBB
At Caiz, we prioritize adherence to Sharia principles, and to ensure our compliance, we partner with the International Islamic Blockchain Beratung e.V. (IIBB). IIBB is our external provider of Fatwa and Sharia certificates, meticulously auditing our services and products to maintain the highest standards of Islamic ethics. Their ongoing audits and certifications play a vital role in validating our commitment to ethical and Sharia-compliant practices, ensuring that our innovations are aligned with Islamic values. For more information, please visit the IIBB website.
Q&A
A Fatwa is an important religious ruling given by authorized Islamic scholars known as muftis. It gives guidance on multiple aspects of life according to Islamic beliefs. Fatwas address a wide range of themes and help Muslims in making faith-based decisions. They have a significant impact on religious customs, social norms, ethics, and financial issues. Fatwas are a crucial tool for the Muslim community as they provide profound insight and practical guidance that help people deal with life’s challenges while adhering to their faith’s core principles.
Yes, all CAIZ products go through a rigorous approval procedure and are precisely crafted to meet Islamic requirements. CAIZ’s systems and activities are constantly monitored and verified by a distinguished Committee of Muslim scholars, assuring full conformity to Islamic financial principles and rules. This commitment to respecting Islamic requirements guarantees that customers are able to interact with CAIZ’s products with trust, knowing that they adhere to the ethical and moral standards established by Islamic teachings.
Non-Muslims can benefit from CAIZ-approved products in plenty of ways. CAIZ’s openness and compliance foster trust and confidence among all users, regardless of religious views. Non-Muslims can also benefit from the potential benefits of money and diversification options offered by the digital asset industry, and the stability and long-term focus Islamic finance brings.
CAIZ’s products embody several core Islamic financial principles including: (I) the prohibition of interest (riba) ensures that no exploitative methods are used in the financial transactions. (II) asset-backed investments (tangible assets), making sure that investments are based on actual, tangible assets rather than speculative or risky enterprises. (III) avoiding investments in businesses that are considered unethical or harmful to society (haram). (IV) a focus on fairness and justice in every transaction and interaction so that a true win-win situation for all participants is created.
For CAIZ, having a complete list of Fatwas certifying the compliance of its products is essential for various reasons. To a start, it assures users and stakeholders that CAIZ’s products have been properly evaluated and authorized by recognized Islamic scholars. The comprehensive list of Fatwas provides a clear reference for anyone to comprehend the Islamic compliance of each product. It enables users to make educated decisions and guarantees that they can engage with CAIZ’s solutions with faith, knowing that they are in accordance with Islamic financial principles.
