Dubai, United Arab Emirates - Tuesday, March 25th 2014 [ME NewsWire]
(BUSINESS
WIRE)-- The Treedom Group, a luxury aromatic oud oil manufacturer and
supplier to global fragrance and perfume markets, has recently
introduced to the Middle East market the Forward Purchase Agreement
(FPA) and its regional version, the “Oud Asset Agreement” (OAA), in
collaboration with the Shari’a Review Bureau (SRB). The FPA has been
available for the past 9 years across Europe and Asia with more than
2000 clients whereas the OAA has been recently certified by the SRB on
an international level. Customers can select from these two
opportunities that actively offer investors within the region an
increased return potential and lowered equity risk.
The structure
of OAA, a high Yield Shari’a Compliant Impact Savings Plan, as well as
the FPA is that clients are invited to purchase parcels of feedstock
which will deliver portfolio construction of Agarwood oil distillation
in a scheme that offers a high return on investment.
“Treedom’s
regional presence in the United Arab Emirates faces the existence of
comparative deficiency in the Agarwood stock market; therefore
investment values rise steadily. As Shari’a compliant investors are
actively seeking such alternative investments with increased return
potential and lowered equity risk, we believe our OAA will successfully
connect the Muslim Investors to the strengths of Agarwood businesses,”
stated Dr. Andrew Steel, Chief Executive Officer of the Treedom Group.
“As the 'Forward Purchase Agreement' (FPA) is a commitment signed and
registered at the Land Department in the Trat Province of Thailand by
providing investors with high returns, we introduced the OAA for
regional Islamic investment growth. Both products provide profits from
15 to 27% per year, based on the product’s type,” continued Dr. Steel.
Treedom's
opportunities are uniquely positioned to capitalise on Islamic growth
opportunities and connect them to the strengths of the Agarwood
businesses.
To find out further information about Treedom business, please visit www.treedom.com.
Contacts
The Treedom Group
Sarunya Hansarikit, +66-(0)-2-259-6455
PR executive
sarunya.h@treedom.com
Permalink: http://www.me-newswire.net/news/10440/en
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