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Dr. Zia Ahmed
MBA, CIFP, Ph.D
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WEALTH PLANNING
•What is Wealth Planning
•Why to Plan
•What to Plan
•How to Plan
•How to Hedge
•What is Prohibited
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ISLAMIC ECONOMICS
Islamic economics is based on the Shariah. The basic objectives are to ensure
general human well-being and socio-economic justice
PROPOSAL
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FALAH– MAQASID AL SHARIAH
AT HEART OF ISLAMIC ECONOMICS
WELFARE AT CORE OF ISLAMIC ECONOMICS
ISLAMIC ECONOMICS
• Zakath
• Sadaqat
• Inheritance
• Endowment
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CONVENTIONAL VS. ISLAMIC
MAXIMIZATION VS. MODERATION
▪ While conventional economics generally considers the behavior, tastes and preferences of
individuals as given, Islamic economics does not do so. It places great emphasis on individual
and social reforms through moral uplift. This is purportedly to be the purpose for which God’s
messengers have come to this world. Moral uplift aims at changing the behavior, tastes and
preferences of the individuals, and thereby, it complements the price mechanism in
promoting general well-being.
The Role of Moral Values
▪ The Hereafter is a concept which is completely ignored by conventional economics, but it is
one which is greatly emphasized by Islam and other major religions. Because of their innate
goodness, human beings do not always try to serve their self-interest. They are altruistic, and
willing to sacrifice for the well-being of others. This behavior is rewarded in the Hereafter.
Whilst conventional economics also seeks optimal allocation of resources, the fact that it is
unable to offer rewards for benevolent acts means that the humane side of the economy is
neglected.
The Importance of the Hereafter
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DEFINITION OF INVESTMENT PLANNING
Assess risk appetite, develop an investment
strategy by choosing a wide array of
investments.
The following steps are necessary:
Growth & Income
Risk & Return
Spending & Security
Wealth Transfer & Wealth Control
Inventory
taking
Analysis
and
evaluation
Plan
designing
Implement
ation
Monitoring
and
reviewing
ProcessOfInvestmentPlanning
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THE LIQUIDITY ISSUE
LIQUIDITY
Liquidity is necessary for immediate
consumption
Assets should be kept in different grades of
liquidity so that it is easy to liquidate when
necessary
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THE ISLAMIC ANGLE
Muslims are supposed to have surplus wealth to be strong. Surplus wealth can only be
obtained through higher income as a result of hard work. Having surplus income alone
is not enough.
Co-operative effort through
helping one another (“Help ye one
another in righteousness and
piety”al-Maidah5:2)
Peace and stability to ensure greater
development
Service to others is an important social
responsibility
Charity to help others
Principle of sharing
Responsibility towards development
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RETIREMENT PLANNING
Retirement planning is one of the significant parts in the financial planning process. It will
create a significant source of income during the retirement period;
THE RETIREMENT PLANNING PROCESS
Setting of
Retirement Plan
Goals
Obtain Necessary
Financial
Information to
Determine
Retirement Needs
DEFINITION OF INCOME STREAM :
VEHICLES PROVIDING INCOME STREAMS
Pensions
Employees
Provident Fund
(EPF)
Takaful or Life
Assurance
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INVESTMENT
• Real estate refers to land and all those that are fixed to it such as
building, plant and machinery
• People invest in real estate to get the flow of income rather than the
space it provides
IN REAL ESTATE
IN SECURITIES
• Securities are financial assets that are traded in the capital markets.
Since the fluctuations in securities prices can be very volatile
• It is very attractive for people with surplus funds to buy and sell them
hoping to get dividends and/or capital gains within a short time
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STOCK SCREENING PROCESS
Halal Stocks and
Shariah Index
No Haram Activities
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ISLAMIC SECURITIES
Several new instruments were introduced
REIT
Private
Equity
Funds
Income
Funds
Sukuk is a long term IDS whose underlying contractual framework could be a BBA, Murabahah,
Istisna (purchase of manufactured products on order) or Ijarah (leasing). BBA is most popular and
known as BAIDS but not popular among Middle East Shariah scholars.The ijarah sukuk are more
acceptable globally.
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INSURANCE AND TAKAFUL
One of the important areas of wealth planning is the distribution of the estates.
Insurance and takaful are instruments that create instant estates and hence they are
very important in the distribution of such estates
TAKAFUL PRODUCTS
The life and general for insurance
Family and general for takaful
FOUR MAJOR TYPES OF LIFE INSURANCE
Term
whole
life
endowm
ent
investme
nt-linked
A straight life contract is one where premiums are payable as long as the insured lives
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FAMILY TAKAFUL PRODUCTS
Family takaful products are similar to investment-linked insurance. It has two separate accounts:
the Participants’ Accounts (PA) and Participants’ Special Account (PSA) which is based on Tabarru’. If
participant dies before maturity date he or she will receive whatever he or she has contributed up
to the date of death plus his portion in the PSA including the profits from investment.
Mortgage
Reducing Term
Assurance (MRTA)
or Mortgage
Takaful
Fire Marine
Etc
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WHY TO AVOID HARAM
Allah Does Not Bless Riba
(276. Allah will destroy Riba
and will give increase for
Sadaqat. And Allah likes not
the disbelievers, sinners.) (277.
Truly, those who believe, and
do deeds of righteousness,
and perform the Salah and
give Zakah, they will have their
reward with their Lord. On
them shall be no fear, nor shall
they grieve.)
RIBA
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PROHIBITED IN ISLAMIC ECONOMICS
HARAM
Interest
Cheating
Gambling
Products
and
Businesses
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HARAM- PROHIBITED & EFFECT OF HALAL
The community of the Prophet Shu‘ayb (sws) was known for practicing it with impunity.
Consequently, they were destroyed for their persistence in deceit and disbelief in Allah and His
Messenger. Allah the Almighty has repeatedly commanded exactitude in weights and measures.
One of the verses says: And give full measure when you measure, and weigh with a just balance.
That is good and better in the end. (17:35)
Eating haraam gives rise to every type of infamy. Whereas, the halaal morsel is the cause of
every kind of goodness and charity. Numerous traditions praise the acquisition of livelihood
through lawful means. For example the Holy Prophet (s.a.w.s.) says, "Worship consists of
seventy parts and the best part is earnings by lawful means." (Safinatul Behaar) The Messenger
of Allah has also said, "When a man eats halaal food an angel stands over his head and prays
for his forgiveness till he finishes eating." (Safinatul Behaar) The Prophet has remarked in a
similar vein, "One who strives to earn his livelihood in a lawful manner from morning till night,
achieves salvation." (Safinatul Behaar) The Holy Prophet (s.a.w.s.) states that Allah has said:
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RISK HEDGE IN ISLAMIC PERSPECTIVE
Zakat means growth (nam'a), blessings (barakah), purification (taharah), or appreciation
(madh). It is called zakat because one's wealth grows through the blessings of giving part of it
and the prayer of those who receive it. Zakat purifies its giver of his/her sins and is clearly
ordered by God. The Quran says "Take alms of their wealth and make them pure and clean”
(9:103).
It is a criterion for the believers and a way to success in this life and the next. Allah says, "Who
establishes worship and spend of that we have bestowed upon them, these are the true
believers. For them are grades of honor with their Lord, and forgiveness, and a beautiful
provision". [8:3-4]
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QURAN AND HADITH & HADITH ON SADAQAH
Verily, We have tried them as We tried the
People of the Garden, when they swore to pluck
the fruits in the morning,). Without (saying: "If
Allah wills.''). Then there passed over it a Ta'if
from your Lord while they were asleep. So by the
morning, it became like As-Sarim. Then they
called out (one to another as soon) as the
morning broke. Saying: "Go to your tilth in the
morning, if you would pluck (the fruits). So they
departed, and they were whispering. "No poor
person shall enter upon you into it today. And
they went in the morning with Hard Qadirin. But
when they saw it, they said: "Verily, we have
gone astray. '"Nay! Indeed we are deprived!. The
Awsat among them said; "Did I not tell you, `Why
do you not Tusabbihun. They said: "Glory to Our
Lord! Verily, we have been wrongdoers.Then they
turned one against another, blaming. They said:
"Woe to us! Verily, we were Taghin. We hope that
our Lord will give us in exchange better than it.
Truly, we hope in our Lord. Such is the
punishment, but truly, the punishment of the
Hereafter is greater if they but knew.
Rasulullah Sallallaho alaihe wasallam has said
that once a person in a jungle heard a voice from
a cloud above, saying, "Go and supply water to
such and such person’s garden". Thereupon the
cloud moved in one direction and rained on a
piece of stony land. A channel collected the
whole of that water which began to flow in a
particular direction. He followed it and came to a
place where a man stood with a shovel in hand,
diverting the water to his garden. The person
asked the man his name; and when he told him,
it was the very name he had heard from the
cloud. The person then asked him why he had
asked his name. The person replied that he had
heard a voice coming from the cloud saying, "Go
and supply water to such and such person’s
garden" and it was the same name which he had
told him. The person then asked the man, "What
he did, for, the cloud to supply water to his
garden." The owner replied that now he has to
tell the true facts. Whatever produce he got from
the garden, he divided it into three equal parts;
one part i.e. one third of the produce, he gave
away promptly as Sadaqah, the second part he
kept for himself and the family; the remaining
one third he spent on the garden itself.
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BASIC ASSUMPTION
BUILDING $ 1 MILLION PORTFOLIO
STARTING AGE 25 Years
RETIREMENT 55 Years
TOTAL YEARS 30 Years
REGULAR
WITHDRAWALS
5 Years
TOTAL 5 Withdrawals
MARRIAGE 30 Years of Age
HOME 35 Years
LAND 40 Years
RENTAL
PROPERTY
45 Years
EDUCATION
(KIDS)
50 Years
MARRIAGE (
KIDS)
55 Years
USES OF WITHDRAWALS
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YEARS MONTHLY RATE TOTAL IN KD
0 - 5 Years 50 KD 3000 KD
6 - 10 Years 100 KD 6000 KD
11 - 15 Years 150 KD 9000 KD
15 - 20 Years 150 KD 9000 KD
20 - 25 Years 200 KD 12000 KD
25 - 30 Years 200 KD 12000 KD
HOW MUCH TO INVEST
Contact Us
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WITHDRAWALS
YEARS RATE WITHDRAWALS
5 Years 3000 KD MARRIAGE
10 Years 6000 KD HOME WITH RENTAL OPTION
15 Years 9000 KD LAND FOR RESALE OR DEVELOPMENT
20 Years 9000 KD RENTAL PROPERTY
25 Years 12000 KD EDUCATION 5 YEARS PLAN
30 Years 12000 KD
MARRIAGE AND OTHER RELATED
EXPENDITURE
Contact Us
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YEARS RATE TOTAL IN KD
5 Years 3000 KD 96000 KD
10 Years 6000 KD 96000 KD
15 Years 9000 KD 72000 KD
20 Years 9000 KD 36000 KD
25 Years 12000 KD 24000 KD
30 Years 12000 KD 12000 KD
HOW MUCH IT WILL BE AT RETIREMENT
325000 KD @ 150 rupees a KD ≈ 5 Crore
With own house and basic facilities all
responsibilities paid off @ 1% a month
return then monthly pension of 500,000.
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?
Pension
Plan
Real
Estate
Islamic
Capital
Market
High Risk
Assets
Commodit
ies
Few Ideas
Which
has high
Potentials
WHERE TO INVEST
Contact Us
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MY CHOICE
Choice I
• Waste, Water,
Food
Choice II
• Alternative
– Health,
Energy,
Education
Choice III
• Health,
IT/ITES, Real
Estate
Contact Us
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PORTFOLIO DISTRIBUTION
I – 50 %
II – 30%
III – 20%
I – 50%
II – 30%
III – 20%
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We are a Click Away” ZADI VENTURE ADVISORS
zia@ziaahmed.org
www.hhrdevelopment.com
www.ziaahmed.org
+965655104
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Wealth planning islamic perspective

  • 1. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 Dr. Zia Ahmed MBA, CIFP, Ph.D
  • 2. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 WEALTH PLANNING •What is Wealth Planning •Why to Plan •What to Plan •How to Plan •How to Hedge •What is Prohibited
  • 3. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 ISLAMIC ECONOMICS Islamic economics is based on the Shariah. The basic objectives are to ensure general human well-being and socio-economic justice PROPOSAL
  • 4. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 FALAH– MAQASID AL SHARIAH AT HEART OF ISLAMIC ECONOMICS WELFARE AT CORE OF ISLAMIC ECONOMICS ISLAMIC ECONOMICS • Zakath • Sadaqat • Inheritance • Endowment
  • 5. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 CONVENTIONAL VS. ISLAMIC MAXIMIZATION VS. MODERATION ▪ While conventional economics generally considers the behavior, tastes and preferences of individuals as given, Islamic economics does not do so. It places great emphasis on individual and social reforms through moral uplift. This is purportedly to be the purpose for which God’s messengers have come to this world. Moral uplift aims at changing the behavior, tastes and preferences of the individuals, and thereby, it complements the price mechanism in promoting general well-being. The Role of Moral Values ▪ The Hereafter is a concept which is completely ignored by conventional economics, but it is one which is greatly emphasized by Islam and other major religions. Because of their innate goodness, human beings do not always try to serve their self-interest. They are altruistic, and willing to sacrifice for the well-being of others. This behavior is rewarded in the Hereafter. Whilst conventional economics also seeks optimal allocation of resources, the fact that it is unable to offer rewards for benevolent acts means that the humane side of the economy is neglected. The Importance of the Hereafter
  • 6. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 DEFINITION OF INVESTMENT PLANNING Assess risk appetite, develop an investment strategy by choosing a wide array of investments. The following steps are necessary: Growth & Income Risk & Return Spending & Security Wealth Transfer & Wealth Control Inventory taking Analysis and evaluation Plan designing Implement ation Monitoring and reviewing ProcessOfInvestmentPlanning
  • 7. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 THE LIQUIDITY ISSUE LIQUIDITY Liquidity is necessary for immediate consumption Assets should be kept in different grades of liquidity so that it is easy to liquidate when necessary
  • 8. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 THE ISLAMIC ANGLE Muslims are supposed to have surplus wealth to be strong. Surplus wealth can only be obtained through higher income as a result of hard work. Having surplus income alone is not enough. Co-operative effort through helping one another (“Help ye one another in righteousness and piety”al-Maidah5:2) Peace and stability to ensure greater development Service to others is an important social responsibility Charity to help others Principle of sharing Responsibility towards development
  • 9. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 RETIREMENT PLANNING Retirement planning is one of the significant parts in the financial planning process. It will create a significant source of income during the retirement period; THE RETIREMENT PLANNING PROCESS Setting of Retirement Plan Goals Obtain Necessary Financial Information to Determine Retirement Needs DEFINITION OF INCOME STREAM : VEHICLES PROVIDING INCOME STREAMS Pensions Employees Provident Fund (EPF) Takaful or Life Assurance
  • 10. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 INVESTMENT • Real estate refers to land and all those that are fixed to it such as building, plant and machinery • People invest in real estate to get the flow of income rather than the space it provides IN REAL ESTATE IN SECURITIES • Securities are financial assets that are traded in the capital markets. Since the fluctuations in securities prices can be very volatile • It is very attractive for people with surplus funds to buy and sell them hoping to get dividends and/or capital gains within a short time
  • 11. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 STOCK SCREENING PROCESS Halal Stocks and Shariah Index No Haram Activities
  • 12. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 ISLAMIC SECURITIES Several new instruments were introduced REIT Private Equity Funds Income Funds Sukuk is a long term IDS whose underlying contractual framework could be a BBA, Murabahah, Istisna (purchase of manufactured products on order) or Ijarah (leasing). BBA is most popular and known as BAIDS but not popular among Middle East Shariah scholars.The ijarah sukuk are more acceptable globally.
  • 13. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 INSURANCE AND TAKAFUL One of the important areas of wealth planning is the distribution of the estates. Insurance and takaful are instruments that create instant estates and hence they are very important in the distribution of such estates TAKAFUL PRODUCTS The life and general for insurance Family and general for takaful FOUR MAJOR TYPES OF LIFE INSURANCE Term whole life endowm ent investme nt-linked A straight life contract is one where premiums are payable as long as the insured lives
  • 14. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 FAMILY TAKAFUL PRODUCTS Family takaful products are similar to investment-linked insurance. It has two separate accounts: the Participants’ Accounts (PA) and Participants’ Special Account (PSA) which is based on Tabarru’. If participant dies before maturity date he or she will receive whatever he or she has contributed up to the date of death plus his portion in the PSA including the profits from investment. Mortgage Reducing Term Assurance (MRTA) or Mortgage Takaful Fire Marine Etc
  • 15. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552
  • 16. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 WHY TO AVOID HARAM Allah Does Not Bless Riba (276. Allah will destroy Riba and will give increase for Sadaqat. And Allah likes not the disbelievers, sinners.) (277. Truly, those who believe, and do deeds of righteousness, and perform the Salah and give Zakah, they will have their reward with their Lord. On them shall be no fear, nor shall they grieve.) RIBA
  • 17. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 PROHIBITED IN ISLAMIC ECONOMICS HARAM Interest Cheating Gambling Products and Businesses
  • 18. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 HARAM- PROHIBITED & EFFECT OF HALAL The community of the Prophet Shu‘ayb (sws) was known for practicing it with impunity. Consequently, they were destroyed for their persistence in deceit and disbelief in Allah and His Messenger. Allah the Almighty has repeatedly commanded exactitude in weights and measures. One of the verses says: And give full measure when you measure, and weigh with a just balance. That is good and better in the end. (17:35) Eating haraam gives rise to every type of infamy. Whereas, the halaal morsel is the cause of every kind of goodness and charity. Numerous traditions praise the acquisition of livelihood through lawful means. For example the Holy Prophet (s.a.w.s.) says, "Worship consists of seventy parts and the best part is earnings by lawful means." (Safinatul Behaar) The Messenger of Allah has also said, "When a man eats halaal food an angel stands over his head and prays for his forgiveness till he finishes eating." (Safinatul Behaar) The Prophet has remarked in a similar vein, "One who strives to earn his livelihood in a lawful manner from morning till night, achieves salvation." (Safinatul Behaar) The Holy Prophet (s.a.w.s.) states that Allah has said:
  • 19. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 RISK HEDGE IN ISLAMIC PERSPECTIVE Zakat means growth (nam'a), blessings (barakah), purification (taharah), or appreciation (madh). It is called zakat because one's wealth grows through the blessings of giving part of it and the prayer of those who receive it. Zakat purifies its giver of his/her sins and is clearly ordered by God. The Quran says "Take alms of their wealth and make them pure and clean” (9:103). It is a criterion for the believers and a way to success in this life and the next. Allah says, "Who establishes worship and spend of that we have bestowed upon them, these are the true believers. For them are grades of honor with their Lord, and forgiveness, and a beautiful provision". [8:3-4]
  • 20. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 QURAN AND HADITH & HADITH ON SADAQAH Verily, We have tried them as We tried the People of the Garden, when they swore to pluck the fruits in the morning,). Without (saying: "If Allah wills.''). Then there passed over it a Ta'if from your Lord while they were asleep. So by the morning, it became like As-Sarim. Then they called out (one to another as soon) as the morning broke. Saying: "Go to your tilth in the morning, if you would pluck (the fruits). So they departed, and they were whispering. "No poor person shall enter upon you into it today. And they went in the morning with Hard Qadirin. But when they saw it, they said: "Verily, we have gone astray. '"Nay! Indeed we are deprived!. The Awsat among them said; "Did I not tell you, `Why do you not Tusabbihun. They said: "Glory to Our Lord! Verily, we have been wrongdoers.Then they turned one against another, blaming. They said: "Woe to us! Verily, we were Taghin. We hope that our Lord will give us in exchange better than it. Truly, we hope in our Lord. Such is the punishment, but truly, the punishment of the Hereafter is greater if they but knew. Rasulullah Sallallaho alaihe wasallam has said that once a person in a jungle heard a voice from a cloud above, saying, "Go and supply water to such and such person’s garden". Thereupon the cloud moved in one direction and rained on a piece of stony land. A channel collected the whole of that water which began to flow in a particular direction. He followed it and came to a place where a man stood with a shovel in hand, diverting the water to his garden. The person asked the man his name; and when he told him, it was the very name he had heard from the cloud. The person then asked him why he had asked his name. The person replied that he had heard a voice coming from the cloud saying, "Go and supply water to such and such person’s garden" and it was the same name which he had told him. The person then asked the man, "What he did, for, the cloud to supply water to his garden." The owner replied that now he has to tell the true facts. Whatever produce he got from the garden, he divided it into three equal parts; one part i.e. one third of the produce, he gave away promptly as Sadaqah, the second part he kept for himself and the family; the remaining one third he spent on the garden itself.
  • 21. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552
  • 22. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 BASIC ASSUMPTION BUILDING $ 1 MILLION PORTFOLIO STARTING AGE 25 Years RETIREMENT 55 Years TOTAL YEARS 30 Years REGULAR WITHDRAWALS 5 Years TOTAL 5 Withdrawals MARRIAGE 30 Years of Age HOME 35 Years LAND 40 Years RENTAL PROPERTY 45 Years EDUCATION (KIDS) 50 Years MARRIAGE ( KIDS) 55 Years USES OF WITHDRAWALS
  • 23. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 YEARS MONTHLY RATE TOTAL IN KD 0 - 5 Years 50 KD 3000 KD 6 - 10 Years 100 KD 6000 KD 11 - 15 Years 150 KD 9000 KD 15 - 20 Years 150 KD 9000 KD 20 - 25 Years 200 KD 12000 KD 25 - 30 Years 200 KD 12000 KD HOW MUCH TO INVEST
  • 24. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 WITHDRAWALS YEARS RATE WITHDRAWALS 5 Years 3000 KD MARRIAGE 10 Years 6000 KD HOME WITH RENTAL OPTION 15 Years 9000 KD LAND FOR RESALE OR DEVELOPMENT 20 Years 9000 KD RENTAL PROPERTY 25 Years 12000 KD EDUCATION 5 YEARS PLAN 30 Years 12000 KD MARRIAGE AND OTHER RELATED EXPENDITURE
  • 25. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 YEARS RATE TOTAL IN KD 5 Years 3000 KD 96000 KD 10 Years 6000 KD 96000 KD 15 Years 9000 KD 72000 KD 20 Years 9000 KD 36000 KD 25 Years 12000 KD 24000 KD 30 Years 12000 KD 12000 KD HOW MUCH IT WILL BE AT RETIREMENT 325000 KD @ 150 rupees a KD ≈ 5 Crore With own house and basic facilities all responsibilities paid off @ 1% a month return then monthly pension of 500,000.
  • 26. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 ? Pension Plan Real Estate Islamic Capital Market High Risk Assets Commodit ies Few Ideas Which has high Potentials WHERE TO INVEST
  • 27. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 MY CHOICE Choice I • Waste, Water, Food Choice II • Alternative – Health, Energy, Education Choice III • Health, IT/ITES, Real Estate
  • 28. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 PORTFOLIO DISTRIBUTION I – 50 % II – 30% III – 20% I – 50% II – 30% III – 20%
  • 29. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552 We are a Click Away” ZADI VENTURE ADVISORS zia@ziaahmed.org www.hhrdevelopment.com www.ziaahmed.org +965655104
  • 30. Contact Us Email : info@ventureart.biz Whatsapp : +965 67086552
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