Assalamu Alaikum

Alhamdulillah we are pleased to inform you that our new Interest-Free public company ANSAR FINANCIAL AND DEVELOPMENT CORPORATION has been approved by the Ontario Securities Commission to sell its shares to the public. Inshallah, we will consider listing these shares on the Stock Exchange where they can be purchased globally.

This is a defining moment in our 28 years history of implementing interest-free financial principles in our financial dealings. The prospectus in the below link includes a section in our by-laws requiring the inclusion of an ethics/sharia advisory committee and a business corporation’s charter that prohibits dealings in interest. These together will be a first in Canadian corporate history.

Shares can be purchased @ $1.00 each (minimum 500 shares) by completing the subscription form provided in the link below. Please note that no shares will be issued until we receive subscriptions totaling the minimum required shares of $11.85 million. Currently we already have commitments to buy these shares and agreements totaling slightly over $11.35 million. Thus, we need to sell a minimum of 500,000 shares @ $1.00 each. Once we receive half million dollars additional subscription requests, you can become part of the pioneering group of shareholders of this public company. In addition to the minimum, we are also authorized to sell up to another $4.2 million worth of shares.

Please share this exciting news with your family and friends, and pray to Allah Subhanahu Wa'Tala that He grants us success in this new and daring turnaround in our operations to establish a Riba-Free Financial System for us.

 

Your Brothers in Islam

 

Pervez Nasim Chairman		Mohammed Jalaluddin President