FINANCIAL Consultancy Services Company licensed by Central Bank of United Arab Emirates, specializes in providing financial services on non-interest bases and in accordance with Islamic Sharia. 

FCS was created with the objective of developing and expanding the Islamic economic system among Islamic banks, financial institutions and individuals at large.

The consultancy activities include Identification of deals, Appraisal (due diligence) of the deals, structuring the deal in accordance, Assistance in negotiation of the terms, Preparation of documentation, Constant monitoring of the funds (from deployment to final repayments.) 

FCS identifies potential acquisition and provides advice on the best ways to convert the corporate and financial structure of the company from conventional to Islamic.

FCS obtains mandates from the government, financial institutions and other corporate organizations and raises financing to meet their requirements.  This is done through syndication and even through creating special purpose Modaraba funds within the framework of Islamic modes of operations. 

In the Middle East and particularly Iran the company has been very active since the past several years. FCS has arranged financing for hundred of millions of dollars.  The financing was arranged for the public sector and also for the private sector.

  Trade Finance

FCS arrange short term trade related financing from 180 days up to 3 years subject to the viability of the transaction against.

·        Bank to back, Usance/deferred payment L/C’s Sight L/C’s from various countries.

·        As collateral against good/inventory in our custody In the Free Zones, bonded warehouse.

·        Buy back arrangement: in this financing we supply the raw material to our customers (factories) against bank guarantees that the finished products will be delivered to us.

 FCS assists in selecting the best mode of Islamic financing for businesses under the five modes of Islamic financing namely – Musharakah, Murabaha, Modaraba, Liarah and Istisna.

Al Murabaha (Credit Sale ) :  Al Murabaha covers the sales against deferred payments whereby the buyer pays of the goods plus the pre-agreed later date the price of the goods plus the pre-agreed Murabaha profit under single payment or in installments.

Al Modaraba ( Trust Financing) :  The Islamic mode in which one or more persons give capital and the other party their expertise, to achieve a defined objective.  Profits are distributed as per the agreed terms among all parties concerned i.e. providers of funds and the contributors of expertise, but the losses are shared only be the providers of fund in exact proportions of their capital contribution.

Al Musharakha (Profit/Loss sharing) :  Partnership arrangement reflects 100 percent objectives of the Islamic Economic Ideology.  Here the parties contribute their money or efforts of expertise or a combination of both based on profit and loss sharing.  Profits may be shared in any pre-agreed proportions but the loss if any is only borne by the parties in strict proportion of the capital contribution by each.  Those with no contribution to the capital shall not share the losses.