Gulf-USA Capital: Sukuk Presentation

Transcription

1. For Funds ,Bonds,Investor Companies, Local Governments Cooperation Between Gulf and USA “Sukuk “ Bonds www.GulfUSCapital.com
2. Sukuk Potentials • The GCC (Gulf countries) are situated on the richest area of the world in terms of petrol and energy reserves and have 2.5 trillion dollars of fund source. The Gulf countries have been spending 1.8 trillion dollars of these funds for overseas investments. • Owning 38% of total fund sources of the world, the Gulf countries have been working with different instruments than western-sourced investments. The Gulf countries composing of the countries such as Qatar, Oman, Bahrain, United Arab Emirates, Saudi Arabia and Kuwait have preferred interest free instruments while investing. • The Gulf countries are using different instruments such as investment trusts, private equity and sukuk for investment in the countries they have tendency. The most popular of these methods is now Sukuk. • The USA should consider taking advantage of this opportunity on a wider scale in order to attract investments in the USA.
3. " SUKUK " opportunity to attract investments in the US. For the projects of PPP-INFRASTRUCTURETRANSPORTATION-HEALTH-ENERGY INDUSTRY-REAL ESTATE “Realizing a new project, developing the current projects”
4. " SUKUK "opportunity to attract investments in the US For Purchase-Selling Operations of Commercial-Industrial Commodities and Services
5. " SUKUK "opportunity to attract investments in the US For the operations of Renting-Usufructlicensing- Partnership-Forfeiting
6. Sorts of SUKUK Bonds • Sukuk Bonds; It is defined as “Certificates of equal value representing undivided shares in ownership of tangible assets, usufructs and services or (in the ownership of) the assets of particular projects or special investment activity”. • For Realizing a new project, Developing a current project or any commercial operations … • For Purchase-Selling operations of Commercial Commodities and Services ….. • For the operations of Renting and Usufruct …. • For the Rights and Possession of Property ….
7. Financial Advantages of Sukuk * 1 • Sukuk can be traded at all exchange markets and banks • Sukuk creates returns on stocks and bonds that investors can get. • Sukuk creates earnings coming from the assignment of assets and for such earnings the exeption ratio is 100%. • Sukuk are VAT free. VAT ratio is “0” on the operations of assignments of the assets into the SPV. • Whole operations like Deed Transfer and Reservation are stamp tax and charge free • The Stoppage and Witholding rates are “0” for Sukuk issued abroad for 5 or more years. • (*)These advantages contribute + %2-4 in USD
8. Financial Advantages of Sukuk * 2 • Within Sukuk , assignments of the usage right instead of assets’ passage of title. • Possibility of multiple Sukuk issuances into the same group companies. • The assignment of all assets-project-investment-licensing-partnerships-usufruct having a rent-selling-management value into Sukuk without any loss in value (with 100% value) • The possibility of increasing, deducting and secondary operations(purchase-sellingtransfer) of the registered assets into the Sukuk , • The PPP(Public-Private Partnership) and public purchasing guarantee projects can be financed within Sukuk. • Instead of the paying back conditions of the conventional loans (principal+interest) Sukuk offer % of annual earnings+principal payments at the end of the maturity 6. year payback conditions. Regardless of the maturity the FUNDS can be transferred. • Central Banks, accepts the issuing Sukuks as collateral. • (*)These advantages contribute + %2-4 in USD
9. Statement of Qualifications • Gulf-US Capital is working for coordinating Islamic Finance activities across Financial Institutions, Corporate, Structured Finance teams, bringing together dedicated analytical and industry expertise into a centralised and consultancy specializing and other conventional financial instruments work for the US. • GulfUS Capital and its principals are experienced in the field of Sharia’a consulting for investment banks, asset managers, funds, banks, financial institutions, and business operators. • Our skills include transaction structuring & capital markets sub-advisory, fund development, general Islamic banking processes, regulatory process management, product development, Sharia’a review and analysis, and training. • GulfUS Capital has extensive cross jurisdictional knowledge. • GulfUS Capital has experience in the development of comprehensive product processes, procedures, policies and manuals for all of the main Islamic finance products.
10. GulfUS Capital Financial Advisory provided through GCC Funds and supported by GulfUS Capital • • • We will review investor group goals relating to either sukuk issuance; We provide analysis and recommendations for the financial structure; We will either recommend syndication or sukuk issuance. – Our recommendation will look at the optimal structures based on recent market experience – Our recommendation will take into account the unique mission of investor groups and opportunities to grow the US capital market – Our recommendation will take into account the current level of domestic capital markets development. We assist with the management of the documentation process including finalization of the deal structure. We provide Sharia’a review, analysis and fatwa services relating to the agreed transaction. We will support the vendor negotiations: selection of law firms and other supporting entities. We will provide post closing Sharia’a Monitoring of Sukuk Assets or syndication operations. We will support the selling process and road.
11. GT Capital Footprint US & Canada: Real estate, bank structuring, Sharia’a audit and structured products. Africa/GCC: Real Estate, sukuk, listed equities, structured products and Sharia’a Audit. All Markets: Training UK & Europe: Structured products & Real Estate Funds Asia: Real estate, Structured Products, Sharia’a audit, and infrastructure.
12. Recent , Ongoing & Prior Assignments • • • • • • • • • • • • • • • • University Bank Omarco Network Systems Abu Dhabi Islamic Bank The Bank of Tokyo-Mitsubishi UFJ FWU AG Bank Muscat CI Capital Alkhabeer Capital, BMG Advisors, Jeddah Sanad Fund, Cayman Islands APICORP, Dammam Ahli United Bank of Kuwait Royalty Entitlement Securities Commission Premier League Football Club Sterling Bank • • • • • • • • • • • • • • • • Product development and Sharia’a Product development and Sharia’a Training and Product manuals Fatwa on capital markets productxs Capital market product development Comprehensive launch of Islamic window Sukuk & fund structuring advice Sukuk and product advice Sukuk structuring advice Fund development and fatwa Islamic capital markets advice Comprehensive advice & training Sukuk structure and fatwa Islamic capital markets advice Raised GBP 600 million Comprehensive launch of Islamic window
15.   57 West 57th Street, 3rd and 4th Floors, Manhattan, New York, 10019  Nassima Tower, 04th floor, Sheikh Zayed Road, Dubai  Business Centers in GCC  Al Fardan Office Tower, 8th Floors , Al Funduq 61 West Bay, Doha, QATAR  Bin Sulaiman Center, 5th floor, Al Khaldiya district, Jeddah, SA  Al Hamra Tower, 35th floor, East Maqwa, Kuwait City, KUWAİT  Al Nahdah Road , Tamimah Building 2nd Floor, PO BOX 395, Muscat, OMAN  Diplomatic Area , Trust Tower, 2nd Floor, P.O. Box no. 2215, BAHRAİN  Beybi Giz Plaza ,26th Floors ,Maslak CBD, PO BOX 34396 Istanbul TURKEY www.GulfUSCapital.com,info@gulfuscapital.com Gulf-US Capital ”Invest&Finance Partner”