Fund Services

At YIB, we offer comprehensive Fund Administration and Custody services designed to support the unique needs of Sharia-compliant investment funds. Our services ensure the efficient management and safeguarding of assets, delivering the highest standards of compliance, transparency, and trust.

1. Fund Administration Services

Our Fund Administration services are tailored to the specific requirements of Islamic funds, ensuring efficient operations and full compliance with Sharia principles.

• ‍NAV Calculation: We provide accurate and timely Net Asset Value(NAV) calculations, ensuring transparent valuation of fund assets, in line withIslamic finance principles.
• ‍Financial Reporting: We prepare detailed financial statements that comply with both Islamic finance standards and regulatory requirements. Our reports offer transparency and help maintain investor confidence.
• ‍Sharia Compliance Monitoring: Our dedicated Sharia compliance team ensures that all fund activities adhere to Islamic laws, from investment choices to profit distribution. We work closely with Sharia boards to maintain ethical alignment throughout the fund’s lifecycle.
• Investor Services: We offer comprehensive investor services, including capital account management, processing subscriptions and redemptions, and handling investor communications. We ensure a seamless experience for investors by managing all administrative tasks efficiently.

2.Custody Services

OurCustody services provide secure and compliant safekeeping of assets, giving investors peace of mind that their investments are well-protected and properly managed.

• ‍Asset Safekeeping: We offer secure custody of fund assets, ensuring that all holdings are appropriately safeguarded in compliance with both Sharia and local regulations. This includes physical and digital assets, such as cash, Sukuk, and equities.
• ‍Transaction Settlement: Our custody services facilitate smooth and timely settlement of all transactions, from purchase to sale, ensuring that assets are transferred efficiently and in line with Islamic finance rules.
• ‍Income Collection and Distribution: We handle the collection of dividends, profit sharing from Sukuk, and other income streams, ensuring timely distribution to fund participants in compliance with Sharia regulations.
• ‍Regulatory Compliance and Reporting: We ensure that all fund assets comply with applicable regulations, including local market requirements and international standards. Our custody team provides detailed reporting to fund managers and investors, ensuring transparency and accountability.
• ‍Risk Mitigation: Our robust risk management framework ensures that all custody-related risks are minimized, providing added security for clients’ investments.

With our extensive experience in Islamic finance and close connections to royal family networks, YIB provides Fund Administration and Custody services that uphold the highest levels of Sharia compliance, security, and operational excellence.

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