Terms and Conditions

Global Muslim Treasury
Effective Date: June 26, 2025
Last Updated: June 26, 2025

1. Introduction and Acceptance

Welcome to Global Muslim Treasury. These Terms and Conditions (“Terms”) govern your use of our website www.globalmuslimtreasury.org and all related services (collectively, the “Service”).

By accessing or using our Service, you agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, please do not use our Service.

2. About Global Muslim Treasury

Global Muslim Treasury is committed to providing Shariah-compliant financial services and solutions in accordance with Islamic principles. Our operations are guided by Islamic jurisprudence (Fiqh) and overseen by qualified Shariah scholars.

3. Definitions

  • “Service” refers to our website and all related services
  • “User” or “you” refers to any person accessing or using our Service
  • “Islamic Finance” refers to financial services compliant with Shariah law
  • “Shariah” refers to Islamic law as interpreted by qualified Islamic scholars
  • “Zakat” refers to the obligatory Islamic alms-giving
  • “Halal” refers to permissible according to Islamic law
  • “Haram” refers to forbidden according to Islamic law

4. Eligibility and Account Registration

4.1 Eligibility

To use our Service, you must:

  • Be at least 18 years of age
  • Have the legal capacity to enter into contracts
  • Provide accurate and complete information
  • Comply with all applicable laws and regulations

4.2 Account Registration

When creating an account, you agree to:

  • Provide true, accurate, current, and complete information
  • Maintain and update your information to keep it accurate
  • Keep your account credentials secure and confidential
  • Be responsible for all activities under your account
  • Notify us immediately of any unauthorized use

4.3 Account Termination

We reserve the right to suspend or terminate your account at any time for:

  • Violation of these Terms
  • Fraudulent or illegal activities
  • Non-compliance with Islamic principles in your use of our Service
  • Any conduct that may harm our reputation or operations

5. Islamic Finance Principles

5.1 Shariah Compliance

All our financial products and services are designed to comply with Islamic Shariah principles, including:

  • Prohibition of interest (Riba)
  • Prohibition of excessive uncertainty (Gharar)
  • Prohibition of gambling (Maysir)
  • Asset-backed financing
  • Risk and profit sharing

5.2 Shariah Supervision

Our Shariah Supervisory Board, consisting of qualified Islamic scholars, oversees all our products and services to ensure compliance with Islamic law.

5.3 Zakat Services

We may provide Zakat calculation and distribution services, which are subject to:

  • Accurate reporting of assets and liabilities
  • Timely payment of calculated Zakat
  • Compliance with Islamic requirements for Zakat distribution

6. Use of Service

6.1 Permitted Use

You may use our Service for:

  • Accessing Islamic finance information and resources
  • Utilizing our Shariah-compliant financial services
  • Calculating and managing Zakat obligations
  • Educational purposes related to Islamic finance

6.2 Prohibited Use

You may not use our Service for:

  • Any unlawful purpose or activity
  • Activities that violate Islamic principles
  • Transmitting harmful, offensive, or inappropriate content
  • Attempting to gain unauthorized access to our systems
  • Interfering with the proper functioning of our Service
  • Impersonating others or providing false information

7. Financial Services

7.1 Investment Services

Our investment services are based on Islamic principles and may include:

  • Sukuk (Islamic bonds)
  • Islamic mutual funds
  • Shariah-compliant equity investments
  • Islamic real estate investment trusts (REITs)

7.2 Risk Disclosure

All investments carry risk, and past performance does not guarantee future results. You should:

  • Carefully consider your financial situation and goals
  • Understand the risks associated with Islamic financial products
  • Seek independent financial advice if necessary
  • Only invest what you can afford to lose

7.3 No Guarantees

We do not guarantee:

  • Investment returns or profits
  • The performance of any financial product
  • The availability of our Service at all times
  • Complete accuracy of market information

8. Fees and Payments

8.1 Service Fees

We may charge fees for certain services, which will be clearly disclosed before you agree to use such services. All fees are non-refundable unless otherwise stated.

8.2 Payment Terms

  • All payments must be made in accordance with Islamic principles
  • We do not accept payments from prohibited sources
  • Payment methods must comply with applicable laws and regulations

8.3 Currency and Conversion

All transactions are processed in the currency specified for each service. Currency conversion rates are subject to market fluctuations.

9. Intellectual Property

9.1 Our Rights

All content on our Service, including text, graphics, logos, images, and software, is the property of Global Muslim Treasury or our licensors and is protected by copyright and other intellectual property laws.

9.2 Your Rights

You may use our content for personal, non-commercial purposes only. You may not:

  • Reproduce, distribute, or display our content without permission
  • Create derivative works based on our content
  • Use our content for commercial purposes without a license

9.3 User Content

By submitting content to our Service, you grant us a non-exclusive, royalty-free license to use, reproduce, and distribute such content in connection with our Service.

10. Privacy and Data Protection

Your privacy is important to us. Our collection and use of personal information is governed by our Privacy Policy, which complies with GDPR, POPIA (Protection of Personal Information Act), and other applicable data protection laws. This policy is incorporated into these Terms by reference.

11. Disclaimers

11.1 Service Availability

We provide our Service “as is” and “as available.” We do not warrant that:

  • The Service will be uninterrupted or error-free
  • All information will be accurate or complete
  • The Service will meet your specific requirements

11.2 Religious Advice

While we strive to ensure Shariah compliance, we are not religious authorities. For specific religious guidance, please consult qualified Islamic scholars.

11.3 Financial Advice

Our information and services are for educational and transactional purposes only and do not constitute financial advice. Please consult qualified financial advisors for personalized advice.

12. Limitation of Liability

To the maximum extent permitted by law, Global Muslim Treasury shall not be liable for:

  • Any indirect, incidental, special, or consequential damages
  • Loss of profits, data, or business opportunities
  • Damages resulting from your use or inability to use our Service
  • Any damages exceeding the amount you paid to us in the past 12 months

13. Indemnification

You agree to indemnify and hold Global Muslim Treasury harmless from any claims, damages, or expenses arising from:

  • Your use of our Service
  • Your violation of these Terms
  • Your violation of any third-party rights
  • Any content you submit to our Service

14. Governing Law and Disputes

14.1 Governing Law

These Terms are governed by [Insert Applicable Law/Jurisdiction].

14.2 Islamic Dispute Resolution

In accordance with Islamic principles, we encourage resolution of disputes through:

  • Direct negotiation and consultation (Shura)
  • Mediation by qualified Islamic arbitrators
  • Arbitration in accordance with Islamic principles

14.3 Legal Proceedings

If Islamic dispute resolution is not possible or successful, disputes shall be resolved through the courts in [Insert Jurisdiction].

15. Force Majeure

We shall not be liable for any failure to perform our obligations due to circumstances beyond our reasonable control, including natural disasters, war, terrorism, government actions, or technical failures.

16. Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

17. Entire Agreement

These Terms, together with our Privacy Policy and any other policies referenced herein, constitute the entire agreement between you and Global Muslim Treasury regarding your use of our Service.

18. Updates to Terms

We may update these Terms from time to time. We will notify you of material changes by:

  • Posting the updated Terms on our website
  • Sending you an email notification
  • Displaying a notice on our Service

Your continued use of our Service after such changes constitutes acceptance of the updated Terms.

19. Contact Information

If you have questions about these Terms, please contact us:

Global Muslim Treasury
Email: info@globalmuslimtreasury.org
Address: 109 Sunny Road, Lakefield, Benoni
Phone: +27 83 626 6504

Shariah Supervisory Board:
Email: info@globalmuslimtreasury.org

20. Acknowledgment

By using our Service, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.