Mercan Private Equity Fund I (MPEF I) Receives Shariah Certification Approval

Mercan Group is proud to announce that the Mercan Private Equity Fund I (MPEF I) has received Shariah Certification Approval. This certification confirms that MPEF I complies with Islamic law, making it a suitable investment for those seeking Shariah-compliant alternatives to conventional financial products.

After a thorough analysis by Shariah experts, this certification ensures that financial products align with Shariah principles, allowing faith-based groups to make investments on Shariah-compliant basis. Mercan Group highlights to IMI Daily that this certification is essential for establishing solid trust within the Muslim community: “This certification of compliance offers Muslims peace of mind and reassurance that they are following the teachings of their faith whenever they consider Shariah-compliant investment options.” Mercan states.

Beyond Borders: How Mercan’s Shariah Certification Elevates Global Investment Opportunities

This fund also aligns with shariah principles as Class A1 shares are based on the Sukuk al-ljarah model providing fixed return on limited investment and Class A2 shares are based on the Musharakah model with profit/loss sharing after completing five years of the project. Musharakah (sharing in Arabic) is a joint-partnership arrangement in Islamic finance in which profits and losses are shared. Profits from interest are not permitted in Islamic practice, necessitating the need for Musharakah.

“This offering provides an opportunity for investors who adhere to Islamic principles to participate in the Portugal Golden Visa Program while ensuring their investments are Shariah-compliant.” The Shariah Certification assessment guarantees that every aspect of MPEF I aligns with Islamic finance principles. This approval, given by leading Shariah scholars and experts, validates that Mercan Group’s investment strategies, processes, and compliance measures meet ethical responsibilities, which can contribute positively to the community. ''We develop investment strategies that fosters diversity and inclusivity and positions us as leaders in establishing tailored solutions that meet investor's specific needs”.

The Mercan Private Equity Fund I: Understanding the Structure.

The Mercan Private Equity Fund I, the first fund sponsored by Mercan Group as a global leader in investment and immigration services, offers an investment opportunity in Portugal’s thriving hospitality sector. Mercan Private Equity Fund I invests in companies with a high potential for growth, appreciation in value, and profitability, targeting co-investment opportunities that appreciate in value over time, leveraging the Mercan Group's deep market insight and operational expertise.

The Mercan Private Equity Fund I is structured to meet the requirements of the Portuguese Golden Visa program with an investment amount of 500,000€, providing an attractive avenue for non-EU investors seeking Portuguese residency benefits along with financial returns, and also by having Mercan Group offering investors’ confidence through a buyback option, enhancing investment security, and providing a platform for non-EU investors to benefit from Portugal's expanding tourism and hospitality sector.