‘Advancing the sustainable development of a world class Islamic economy’
The Oud Asset Agreement is a High Yield Shari’-ah Compliant Impact Savings Plan where clients are invited to purchase parcels of feedstock, which will ultimately be used to produce the much sought after luxury aromatic Oud oil. The Oud Asset Agreement package has long been embraced in Europe and Asia in the name of ‘Forward Purchase Agreement’ with over 2,000 clients in this region. The Oud Asset Agreement can provide you with profits from 20% per year, depending on the size of feedstock package you buy. The feedstock packages are flexible and can be adjusted to suit the client’s budget.
Once feedstock maturity is reached, Treedom will then process the tree through to oud oil. Treedom will distribute the oil to global fragrance manufacturers and perfume houses. Treedom already boasts supply contracts with many of the largest perfume and cosmetics producers throughout the world.
The Shari’-ah High Yield Impact Savings Plan is backed up by years of data, facts and tried and tested best practices that have been refined by Treedom, to produce a much sought after product, renowned for its quality.
Treedom’s Shari’ah activities are conducted in accordance with Shari’-ah guidelines under the Fatawa, supervision and guidance of Shari’-ah Review Board and Shari’ah Scholar, Sheikh Muhammad Ahmad who are specialists in Islamic economic and Shari’-ah transactions. The Oud Asset Agreement is certified by Shari’ah Review Bureau with a Certificate No: TDM-214-01-01-01-14
Treedom will be attending IFN Forum Global Dubai from the 15th – 16th of September at Booth 4, Ballroom, Level 4, Conrad, Dubai. 1. This is a largest global Islamic financial forum in collaboration with the Dubai Economic Council, Dubai Government and other key regulators highlighting the development of the global Islamic Financial Industry. Dubai is known as the strategic financial hub to all key markets of Europe, Asia, Africa and the Middle East. Treedom will be introducing the Oud Asset Agreement to these financial professionals and practitioners.
Treedom will be continuing their successes by expanding this product to the Middle East. For more information please visit: http://www.treedom.com/products-services/the-oud-asset-agreement
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For further information:
International PR and Communications Coordinator
T: +66 2259 6455
KUALA LUMPUR, Aug 21 (Bernama-BUSINESS WIRE)– Treedom – a luxury aromatic Oud oil manufacturer and supplier to the global fragrance and perfume markets in South East Asia – will be attending the Parents and Kids Expo in Kuala Lumpur for a period of three days from the 29th – 31st of August 2014 at booth B090, the Kuala Lumpur Convention Centre and will be showcasing their fantastic new “University Savings Plan” with the chance to sign up at the show.
Treedom currently offers a high yield impact saving plan named Forward Purchase Agreement (FPA) with over 9 years of proven track record in Thailand where clients are invited to purchase a parcel of feedstock supplies from Treedom and Treedom guarantees to buy them back at a higher price at the end of an agreed period of time. In addition, University Savings Plan is an effective, tax efficient and wealth accumulation product that will help you plan for the future of your child or grandchild with the return of up to 24% per annum. The University Savings Plan will allow you to address all the dreams and aspirations that you have for your children by purchasing our simple saving programme.
The cost of sending your child to University can be overwhelming, with an average of $128,000 in tuition fees alone. Treedom aims to alleviate this stress by offering the saving plan. Treedom will be offering the University Savings Plan at booth B090 of the Parents and Kids Expo. Any client who purchases 8,925 USD or more will receive a selection of free gifts including a Mac Book Air, an iPad Air and free cash back all exclusively at the exhibition.
The Aquilaria tree is a tropical softwood native to the South East Asia region found from India eastwards and is one of the most important sources of Agarwood.
When the Aquilaria tree species becomes infected, its defensive reaction produces the heartwood known as Agarwood. The amount Agarwood produced in the tree is a direct result of the antibodies within the tree known as Phinelic. If the Phinelic count in the tree is high, then very little black resin will be produced, as the tree is able fight off any infection much easier. This infection can occur naturally in the wild but only in a few trees and it is estimated that as few as 3 – 7 % of trees will become infected. Consequently, many trees are illegally logged in order to find the smaller number of infected trees, as it is difficult to know from the exterior if a tree is infected or not. For this reason Agarwood is perceived to be so rare and holds such a high price and value among the cultures that use it.
Causes of Infection
Causes of infection within Aquilaria trees to enable the inducement of Agarwood can range from events such as; lightning strike, animal grazing, insect attack or microbial invasion. The most common cause of infection is from the *Red Coffee Caterpillar and moth (Scientific name: Zeuzera coffeae) and occurs when its larvae are laid in a hollow. The infection spreads on all sides slowly and gradually infecting a larger volume of wood.
Due to infection, oleoresins are accumulated in the infected wood, initially turning the white wood brown in colour. With the passage of time and the onset of the mold, the density of the infestation increases with the corresponding production of oleoresin, which becomes odoriferous – black in colour? In its natural habitat, the fungal infection can take as long as 50 years to develop the highest concentration of Agarwood.
In the wild, if the infection starts when the tree is 5 – 6 years old, then it is estimated it would need 10 years to produce sufficient commercial quantity of Oudh Oil. Without infection a century old tree may not bear any Agarwood at all.
*The Red Coffee Borer (Polyphagozerra coffeae) is a moth of the Cossidae family. It is found in the Oriental Region. Records from the Moluccas and New Guinea refer to Polyphagozerra reticulata, which was previously considered to be a synonym of P. coffeae.
The wingspan is 70–80 mm. Females are much larger and relatively rare. Adults have dark speckles on their wings. These are metallic greenish in females and metallic blue or black in males.
They bore into the stem or branches of their host plant.
This is an article written by my friend and colleague Dr Thiha FNU. Thiha originates from Myanmar and graduated from Asian Institute of Technology, Thailand in the field of Natural Resources Management. He has over 10 years of experience in the application of remote sensing and geographic information system (GIS) technologies in natural resources management Issues and has produced CSR programs for the PATT Foundation during his time in the Treedom Group.
Some argue that CSR is the right tool for business decision-makers to break into new markets. Agreed! There is a growing consensus about proven and unconfirmed benefits with leveraging CSR as a component of market entry. In my point of view, choosing the right CSR that meets the real requirements of local communities is more important.
Business decision-makers will notice that doing CSR programs in emerging markets (Myanmar, for example) is not difficult as there exists many needy areas: education, micro-finance, maternal health care, rural energy you name it, but are those CSR activities being implemented by business companies fulfilling the real requirements of local communities without harming longstanding social, cultural and religious values? I doubt it!
For example, an expensively built bridge in a rural area may help improve the national infrastructure, as well as the image of business companies (it should be the goal though) but it may not help improve the livelihoods of the rural communities living nearby. CSRs without any proven social impacts does not sound like a right CSR!
Building a primary school as part of a CSR program might seem simple and direct to the business companies entering new markets, but it should be noted that it will surely need more support and further assistance in the future: curriculum development, teaching resources and availability of qualified teachers and so on.
Let’s talk about reducing carbon footprints by means of tree planting and aftercare as a CSR program, which is something we have been involved in (see http://www.pattfoundation.org). With this overarching goal in mind, we may set up a target (to plant a million of trees by 2015, for example), but the charity’s ultimate mission—taking actions against climate change– shall never be compromised due to the cost element that is involved. Then how should this goal be achieved while such cost element is completely removed? See one of our previous blogs “Eco-Fusion: The next gen in CSR” which provides a strategic pathway to make CSR more productive and sustainable by combining it with the benefit of a commercial product.
It is argued that CRS is not just social responsibility; it’s a political responsibility and legal responsibility as well. To me, broadening the scope of social responsibility may invite further discussion and lead to the revision of this management concept, which is primarily designed to address the social aspect only. That being said, I prefer to stick with one thing at a time approach for now!
Regardless of the level of investment that you make, choosing the right CSRs needs to deliver intended social benefits to the local communities that you will make relationship with, otherwise it’s all just show.
Track Record – A perfect 100% track record of successful returns to over 2,000 clients
Over 8 Years of Experience – Our savingplans are evidence-based, with more than 8 years of experience and a history for high quality oud oil production and sales.
Complete Value Chain – Treedom has complete control of the value chain, from seed planting to oil production.
Capital Guarantee – A unique ‘Capital Guarantee with Locked in Buy Back’ given at the outset of the savings plan.
Global Supplier – A leading supplier in the oud oil industry, delivering high quality oud oils to perfumeries and the fragrance industry.
The first part of that proverb is one that everyone knows, pretty much. It’s about consumption. Once eaten, the cake is gone. This analogy is often used to describe heavy spenders. Once the money has been spent, there may be nothing left to show for it.
The second part of the above saying is rather more unusual, because how can you have something, then not have it, but then still have it, as well as extra? Confused? Then let me explain as this is what I think, CSR should be.
Shareholders, CFO’s and CEO’s all find it difficult in seeing the benefits of a good CSR program, mainly because they are constantly bombarded with requests for charity. These requests, however noble, do not take into account the bottom line for companies; it doesn’t offer companies’ value. And I don’t just mean for the initial cash outlay, but overall.
In a recent survey by the Economist 42% of executives cited cost implications and unproven benefits (40%) as the two biggest obstacles to implementing CSR programs.
It’s a fine line for CEO’s (who are people too) who want to care about the environment, community or social challenges, to sacrifice company profits for something that will potentially give them nothing but a quick PR hit for his or her company. This is why CSR should be more than that, it should take the needs of the company into account as well as the needs of the cause.
The Treedom Group and the Plant A Tree Today (PATT) Foundation understands this and have joined forces to offer Eco-Fusion. It’s a unique proposition that enables a company, a CSR program with the initial and ongoing cost elements removed. By combining a commercial product and a charity, Eco-Fusion is able to offer something that benefits the local communities, the planet, the charity and companies involved.
Fifty-five per cent of global online consumers across 60 countries say they are willing to pay more for products and services provided by companies that are committed to positive social and environmental impact, according to a new study by Nielsen. The propensity to buy socially responsible brands is strongest in Asia-Pacific (including Australia) at 64%.
It’s a proven fact that having a CSR program for your company enhances the triple bottom line (The 3P’s People, Profit and Planet), but with the cost element taken out, it has an added benefit of keeping your balance sheet positive.
PATT is a charity that plants local indigenous trees in rural areas of Thailand, with the help of the local community, who inturn receive the rights to the fruit grown from the trees. It has been helping to fight deforestation now for 10yrs and its aim is to plant 1 million trees by 2015.