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Treedom Offers Forward Purchase Agreement and Shari’a-Compliant Oud Asset Agreement to the Middle East

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© Business Wire 2014
2014-03-25 08:11:01 -

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 : .. .

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The Treedom GroupSarunya Hansarikit, +66-(0)-2-259-6455PR
executive :

Hossam Abdel-Kader
Phone: +43 1 9582319

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