About Qisma
The name
Qismaقسمة/ˈkɪs.ma/
قسمة , qisma, means a share, one’s portion. It is the root of the English word kismet.
We chose it because it is exactly what the product sells: not exposure, not a position, not a product, a portion of a real thing that someone owns. The Q takes no U, and the name is never respelled.
The mark
A whole with one portion lit, yours
- The ring is the whole asset: the building, the solar farm.
- The tail is the asset’s handle in the world, what makes the circle a thing you can hold.
- The lime wedge is your share.
Every element is a claim. Nothing in the mark is decorative, which is also why lime appears exactly once on any screen; it is the lit portion, and if everything glows, nothing does.
The board
Who signs, and what that binds them to
Nothing on this platform is “Sharia-compliant by structure”. Every asset carries a recorded opinion from a named board, against a versioned set of criteria, with any conditions attached in writing.
An independent assurance provider attests annually that our operations actually match those certificates, not just that the certificates exist. Certification is a state, not an event: it can be renewed, and it can be revoked, and if it is revoked you will see that on the same public page that carried the original.
Standing rulings
Decided once, inherited by every asset
- SR-01
Treatment of subscription escrow
Subscription monies are held in a segregated, non-interest-bearing account, or under a wakala arrangement where the rail requires one. No interest may be earned or retained. Where the bank pays a balance credit it is purified in full and does not accrue to the platform, the provider or the investor.
Sharia Board: named & signed · 20 Jan 2026 · v1
- SR-02
Permitted instrument taxonomy
Only ijara, musharaka and wakala may be authored into asset class templates. Energy assets take a revenue share or equity participation; fixed coupons are not permitted on any structure. Interest-bearing debt may not sit at or above the SPV.
Sharia Board: named & signed · 20 Jan 2026 · v1
- SR-03
Purification method
Non-compliant income is identified per asset at source, apportioned to holders on a time-weighted basis, and reported to each investor annually alongside the zakatable value of their holdings.
Sharia Board: named & signed · 17 Feb 2026 · v1 (method detail pending board minute)