At CUSP, we want you to be confident that when we say “Shariah-compliant”, we mean it — following recognised principles and working with established scholars and advisory bodies. One of the respected firms we align with is Amanie Advisors, known globally for deep expertise in Shariah advisory.
How Amanie Advisors figures into our Shariah framework
Expert advisory: Amanie Advisors provides high-level Shariah advisory services, product structuring, audits, and board supervision.
Leadership and recognition: Their leadership (for example, Tan Sri Dr. Mohd Daud Bakar) is deeply involved in the Islamic finance world, with roles in multiple Shariah boards and regulatory bodies.
Registered status & transparency: Amanie is a registered Shariah advisory company with the Securities Commission, which shows regulatory recognition.
How CUSP incorporates these kinds of standards
To match what Amanie and similar bodies do, here’s how CUSP’s Shariah-compliant portfolios are built and monitored
We screen out prohibited sectors (interest/riba, gambling, alcohol, etc.)
We use halal / approved ETFs, equities with revenue-based checks
Idle cash interest is disabled by default in Shariah portfolios
We do ongoing monitoring and auditing (aligning with Shariah audit practices)
Important to know
While Amanie Advisors supports many best practices, CUSP does not claim that its portfolios are directly certified by Amanie (unless explicitly stated).
Following Shariah standards helps with compliance and alignment with faith-based investing, but it does not guarantee returns or eliminate investment risk.