Product & transaction structuring
Islamic finance structures designed for commercial reality
IHKAM develops and reviews Shariah-aligned product and transaction structures that can be understood, documented and implemented by multidisciplinary teams.
Our approach
A structure is more than a contract label
A viable structure must connect the commercial objective with genuine rights, obligations, asset or service flows, payment mechanics and operating capability. We work through these elements with the relevant advisers and internal teams before the proposition advances to formal approval.
Scope of support
Structuring support
The work can begin with a new concept or an existing conventional proposition that requires a Shariah-aligned route.
Concept development
Define the economic objective, parties, sequence and candidate Shariah structures.
Flow design
Map ownership, possession, services, payments, risk allocation and dependencies through the transaction lifecycle.
Document alignment
Provide Shariah input on term sheets and legal documents while preserving a coherent end-to-end structure.
Launch readiness
Review customer journeys, systems and operational controls against the approved design.
Deliverables
Typical deliverables
- Structure options and comparative observations
- Transaction or product flow diagram
- Shariah requirements term sheet
- Document review comments
- Approval and implementation checklist
Working method
Structuring method
1. Objective
Understand the commercial outcome, constraints, parties and target operating model.
2. Options
Develop feasible structures and identify their Shariah and implementation implications.
3. Detail
Refine flows, documents, controls and conditions with the project team.
4. Readiness
Complete the agreed review and approval steps before launch or execution.
Frequently asked
Structuring questions
Which products can be structured?
The scope may include financing, investment, platform, capital-market, trade-finance or other propositions. Feasibility depends on the actual commercial facts and operating model.
Does IHKAM draft legal documents?
IHKAM provides Shariah structuring and document-review input. Legal drafting and legal advice should be provided by appropriately qualified legal counsel.
Can a structure be reviewed after development has started?
Yes, although earlier review usually reduces rework. The assessment must cover the actual documents and operations, not only the concept name.
IHKAM Advisors
Discuss a product or transaction structure
Bring the commercial objective and proposed flow; we will help identify the Shariah questions and a practical review path.