Frequently Asked Questions
What is IMAN?
IMAN is a sincere conviction that all that occurs originates from the ultimate will of the Almighty. IMAN Invest is an application designed to enhance people's wellbeing through ethical commerce and equitable collaboration, as well as redistributing capital from developed to developing countries.
Get to know IMAN better
What is IMAN Invest?
IMAN operates as an investment fund utilizing Islamic finance principles. IMAN collects capital from investors and directs it to trade, whilst distributing hard-earned profits equitably amongst its investors. This entire process is made both secure and effortless through the presence of legal regulations and a transparent investment platform based on sophisticated technologies.
Where does IMAN channel its funds?
IMAN directs investments in order to finance goods and services within sectors such as healthcare, education, sports, electronics trading, and the likes of large and small household appliances, construction materials, and so on.
What is the primary objective of IMAN?
The fundamental goal of IMAN is to maximize financial gains for investors while simultaneously enhancing the well-being of the population and addressing their fundamental necessities. IMAN facilitates people with varied income levels to invest in an ethically and religiously acceptable manner so they can multiply their capital.
What is IMAN’s business model?
IMAN pools investor funds through strategic partnerships, utilizes them to finance business transactions, and divides the gains arising from the trade among investors. From a legal perspective, all investors are effectively the limited partners (or depositors) of this business establishment.
Is IMAN not selling what it does not own in the first place?
We always acquire a product or service that we intend to sell before any transaction takes place. All of IMAN's business processes are rigorously audited annually in accordance with the Shariah Law.
Where is your office located?
To schedule a meeting with IMAN, please contact us via call center or live chat in IMAN Invest.
Investing in IMAN - is this some form of trading?
Investing in IMAN is not to be mistaken for trading. Rather, it provides investors with an opportunity to yield a passive return and the investments are directed towards financing trades in installments. Decisions on these activities are made by the IMAN team. while decisions on investments are made by the IMAN team in installments.
Is it also like a pyramid scheme?
I am seeking financial assistance for my business start-up. Could IMAN provide the necessary funding?
At present, we are actively working on establishing our business finance operations, with an anticipated launch date of 2023.
Does the company also invest in Mortgage and Auto leasing? If so, how does this work?
At present, the financing of cars and real estate is in the process of being established and we will reveal all the information shortly after launching these areas.
Who can invest in IMAN Invest?
Citizens of the Republic of Uzbekistan, who are 18 years or older and possess a valid official identity document, can make investments through IMAN Invest from anywhere in the world.
Where does IMAN direct its investments?
The acceptance of investments from foreign nationals has been temporarily halted and will be resumed shortly.
Can I invest from Russia or other foreign countries?
Can I manage my own investments at IMAN?
IMAN assumes full responsibility for the sound management of investments. The IMAN team goes to great lengths to ensure your assets are handled prudently and productively. Boasting extensive financial and risk management expertise, the IMAN team comprises experienced professionals.
What do I need to register for the app?
How do I register for the app?
Do documents need to be scanned? How can I scan my passport?
First you will need to scan your profile page in the passport from the application - the part where there is your photo. And then the application itself will detect all the information about the passport. Next, you need to photograph the following parts of your passport:
I don't have a passport, but I have an ID. Why can't I get it to scan?
You can also click the input button and fill in the data manually. Be careful and accurate while you are entering your data using the Latin alphabet.
What are the investment conditions?
Investors can choose to invest in a partnership for a period of 1-4 years, with a minimum investment amount of 100,000 sums and no maximum limit. Profit is expected to be around 20-30% per annum and can be withdrawn every 3 months, or reinvested automatically when not withdrawn. Reinvestment - the process of redirecting profits back into the original investment made by an investor in a partnership. This process is repeated every 3 months unless an investor chooses to withdraw their earnings. If, due to certain circumstances, the investor wishes to withdraw funds before the completion of the specified time frame, their investment will be reimbursed within 90 days from the date of submitting the relevant application, as per the provisions of the Law of the Republic of Uzbekistan on Limited Partnerships. When withdrawing investments prior to the completion of the contracted time period, the investor's earnings for the preceding month shall be calculated in accordance with the formula set forth within the system, which accounts for the early withdrawal of said investments.
Enjoy solid returns
Do you guarantee profit?
A 100% profit guarantee does not align with the standards of Islamic finance, as no individual or organization can be certain of the future market movements. We utilize the latest innovation alongside our most qualified risk management and finance experts to obtain an accurate prognosis for investment returns. Through diversifying investments across hundreds of transactions, IMAN effectively reduces any potential risks to investors. For instance, if up to 20 out of 1000 trades are closed in losses, profits gained from the remaining 980 trades should easily compensate for this loss.
The annual rate of return is set between 20-30%, and what factors determine the variation within this range?
The investor's profit directly depends on the partnership's profit, which in turn is tied to several indicators, these are:
The changes in these indicators affect the investor's profit directly; therefore, we rely upon skilled professionals and modern technology to continually monitor and refine them.
When will my invested funds start generating returns?
Withdraw money with ease
How do I withdraw my profit?
You can withdraw your profits to your bank account or card every three months, at the start of April, July, October, and January. To do this, you must submit an application for profit withdrawal one month before the end of the quarter during February, May, August, and November.
Can I take out my earnings before the end of the selected period?
Yes, if you would like to withdraw your funds prior to the end of the designated period, your investments will be returned within 90 days of submission of the request, in accordance with the Law on Limited Partnerships. When withdrawing your investments before the end of this period, your profit for the preceding month will be determined based on a formula incorporated in our system's programming which is aware of and factored for the fact that you are withdrawing early.
Trust our high-risk protection
What guarantees do I have as an investor?
As an investor, we protect your rights in the following ways:
What is “diversification” in asset management?
We will spread out your funds across all of our trades. For instance, if 100,000,000 sums were put in, we would allocate them to 100,000 separate transaction agreements. Given that the likelihood of not being able to meet the repayments for all 100,000 people who have passed our stringent checks is exceedingly small, the risk of completely losing your investment is virtually zero.
What is the legal structure of IMAN?
Have confidence in our halalness
Is there a certificate of approval for IMAN's business operations or a ruling from the Board of Muslims of Uzbekistan?
The Board of Muslims of Uzbekistan, which brings together leading minds in the field of Islamic law and finance, issued a Fatwa after conducting a thorough and extensive study of our operations. There is also a Fatwa given by Ziyad Mohammed, a man who holds a PhD in Islamic finance and works at the International University of Islamic Finance. All important and major business decisions are taken only after receiving approval from the Shariah Council.
If I invest 10 million, I will earn an approximate profit of 3.5 million in one year - Is it not the same as giving someone money in debt and earning interest on it?