Securing your financial future, the Shariah compliant way
Since its inception in 2011, Al Mabroor Projects have been providing the Muslim community with high quality Shariah compliant investment products. With the assistance of the well-respected late Mufti Ebrahim Desai and Mufti advocate Emraan Vawda, Al Mabroor was established, based on a common law partnership model.
From humble beginnings, the company has grown into a household name in the Muslim community, with over 8 000 partners in the various Al Mabroor projects.
Al Mabroor is constantly striving to ensure that we provide our investors with opportunities that offer above average returns over the medium to longer term.
In early 2014, Al Mabroor identified and recognized an ideal opportunity in the agricultural sector. This created a new, innovative and exciting investment opportunity to our loyal investors. Initially the Al Mabroor Cattle Feeding Project was launched in a joint venture with Douglas Beef, situated on the banks of the Orange River in the Northern Cape.
The main aim of the project is to purchase beef calves between the ages of 6 - 9 months and to rear them to be ready to enter the feedlot system, from where it is eventually sold to the abattoir.
At present Al Mabroor Agri owns around 55 000 cattle, including breeding stock, and sells between 1000 – 1200 animals on a weekly basis to the abattoir. Further sales are conducted on a regular basis at auctions across the country. The best quality female animals are retained to increase the breeding stock in order to produce our own offspring in years to come.
Many investors are looking for regular monthly income, coupled with a degree of capital growth over the medium to longer term.
Al Mabroor offers their investors the opportunity to invest in high quality property projects. The main sectors earmarked for investment are hospitals, especially sub-acute and frail care facilities, student accommodation, filling stations and commercial office space. All tenants will be approved by the Shariah Board.
Al Mabroor Projects will be the management agent of the various property investments. Al Mabroor will collect rentals, manage and maintain the property and do monthly rental distributions to all investors.
The Al Mabroor vehicle finance product offers investors the opportunity to diversify their investment portfolio. The rent-to-own finance model has been devised and implemented by the late Mufti Ebrahim Desai and adheres to Shariah Law.
To date we have financed over 400 vehicles and investors have received timeous monthly profit payments. The product remains very popular and Al Mabroor would like to grow this part of the business significantly going forward.