Beehive Sharia Processing

Beehive operates an Islamic Window and is regulated by the Dubai Financial Services Authority under license number F003177



Compliant Investment at Beehive

Beehive has worked with prominent Islamic legal advisors, and Islamic finance industry experts to develop a structure that allows us to process investments in a Sharia compliant way. All businesses applying for finance are meticulously checked to ensure that the business activity and use of funds comply with the principles of Sharia. If the business activity and use of funds comply, Beehive identifies the request as “Sharia Processing” and Islamic investors are able to place bids on the marketplace. Any finance requests that do not comply with the principles of Sharia are processed as a conventional finance structure, restricting Islamic investors from bidding on the request.


As the first independently certified P2P finance platform in the world, we are proud to offer Islamic investors the opportunity to ethically invest in some of the most innovative SMEs in the UAE. Craig Moore, Founder and CEO of Beehive.

Islamic investors select to only invest in Sharia processing finance requests


Business activity and use of funds are checked to ensure compliance with Sharia

Arrow (1)

Beehive is certified as a Sharia-compliant P2P finance platform by the Shariyah Review Bureau (SRB)

Arrow (1)

The Eiger Trading Platform is confirmed as Sharia compliant by Sheikh Dr Mohamed Ali Elgari

Shariyah Review Bureau Certified

The world recognised and respected, Shariyah Review Bureau (SRB), together with their team of esteemed Sharia scholars, have reviewed and certified the “Sharia Processing” in terms of operational processes, documentation, business activity and relationship management. The certification makes Beehive the first P2P platform in the world to independently confirm its processes are compliant with Sharia principles. For more information on SRB, please visit



We are pleased with the confidence Beehive has placed in our comprehensive Sharia supervisory services and we look forward to helping them further develop their Islamic finance offer. Yasser S. Dahlawi, CEO at SRB

Beehiveʼs Sharia
Supervisory Board

Beehive has a Sharia Supervisory Board (SSB) that opines on all Beehiveʼs products and any amendments that are made to existing products. The SSB comprises of three experienced scholars:

Dr.-Salah Fahad - Sharia Processing

Dr. Salah Fahad


Mufti Irshad


Sh. Muhammad Ahmad

Islamic investors can benefit from P2P finance and have complete confidence their values are respected

P2P & Islamic Finance

Peer-to-peer finance (P2P) aims to build a community of investors and businesses where risks are shared and capital is channelled into real economic activity that benefits the community. Essentially, P2P follows the basic Islamic principle of sharing risk for profit rather than the model used by banks which is transferring risk for profit. Islamic finance complies with the principles of Sharia (Islamic Law); money must be used in a productive way and generating return on your money must be through legitimate and ethical trade or investment which includes an element of risk.

Commodity Murabaha

Beehive processes all “Sharia Processing” finance requests through the “Eiger Trading Platform” Commodity Murabaha platform. “Murabaha” is a commodity-backed transaction that allows Islamic investors to buy and sell commodities at a profit on a deferred payment basis.

Business 1

Business issues Promise to Purchase for commodities

Investors CommoditySupplier 2

The Investors issues a purchase offer which the commodity supplier accepts and ownership of the commodities are transferred

Business 3

The Investors issue a Murabaha which the business accepts and ownership of the commodities are transferred from the Investors to the Business. Payment of cost price plus agreed profit is deferred and split into monthly installments

Open Market 4

Once the Business has acquired the commodities, they are able to instantly monetise the value of the commodities through Eiger Trading Platform.

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Annual Audit and Review

The Shariyah Review Bureau undertakes an annual audit of Beehiveʼs transactions as per GSIFI (2) issued by AAOIFI and provides Beehive and the SSB with their findings in order for the SSB to issue the annual SSB report.

Client Monies Account and Comingling

All Client Monies are held in Beehive P2P Limited’s segregated Client Monies account, which is held in the UAE with Emirates NBD.

All Beehiveʼs Sharia funds are comingled with Beehiveʼs conventional funds in the Client Monies account. However, we note that if you choose to invest only in Sharia requests then as an investor, you will only see the Sharia-compliant requests.

No interest is received on Beehiveʼs client monies account.