Asia Plantation Capital Berhad announced the achievement of Shariah compliance approval for its items by the IBFIM, previously referred to as the Islamic Banking and Finance Institute Malaysia, the advisory body for Shariah compliance on all matters referring to Islamic banking in Malaysia.

Worldwide acknowledged in the Islamic world as a leader in this field, IBFIM is signed up and accredited by the Securities Commission of Malaysia to supply Shariah regulative structures and recommendations, and its regulatory board is comprised from some of the leading banks in Malaysia. IBFIM’s approval therefore clears the method for Asia Plantation Capital’s products to be marketed and offered in Malaysia and the worldwide markets as Islamic items that fulfills all requirements as set out under the laws of Islam.

“As part of Asia Plantation Capital’s objective to respect local culture and integrate into the marketplaces we are operating in, getting this approval for Shariah compliance of our products has actually been extremely important for us,” stated Mr. Steve Watts, CEO, Asia Plantation Capital, and Malaysia. “This offers our consumers here in Malaysia and from around the Islamic world, confidence that they are not just buying a sound product, but the guarantee that it is socially accountable and completely in accordance with their beliefs. With increasingly more individuals in this region and the Middle East wanting to alternative and sustainable financial investments that they can trust and be involved in, this is a strong statement of Asia Plantation Capital’s intent to satisfy their requirements and our dedication to being socially accountable in every market,” continued Mr. Watts.

Asia Plantation Capital’s continued strong growth in Malaysia has also seen the visit of Dr. Kodi Isparan Kandasamy, Elder Vice President (AgBiotech), Malaysian Biotechnology Corporation as a Non-Executive Board Director of Asia Plantation Capital Berhad. Simultaneous with this visit, Dr. Kodi has also been appointed to Asia Plantation Capital’s International Scientific Board of advisers.

Appointed to the Worldwide Scientific Advisory Board is Partner Professor Yumi Zuhanis Has-Yun Hashim, FIBMS, and International Islamic University Malaysia. Asia Plantation Capital has signed a Letter of Intent (LOI) with the university to aid in the Teacher’s research studies into using Agarwood, Oud Oil and specifically in the areas of cancer research which are currently proving extremely effective.

“These appointments into our Board-of-Directors and Global Scientific Advisory Board shows our continued belief that Malaysia is and will certainly continue to be a vital market for our business. These professionals in their particular fields will certainly contribute immensely to our company, research and ability to operate effectively in Malaysia. I am quite anticipating working closely with them to accomplish more for our customers in Malaysia and all over the world,” added Mr. Watts.

Asia Plantation Capital are hosting a series of occasions starting on the 21st February at The Address Hotel at the Dubai Shopping center to discuss their sustainable Oudh plantations’ and display their Oud Oil and products. The Address Hotel is also the place where their retail partner Fragrance Du Bois likewise have a concession in the Casal & Co store.