My Aim has been to build an inflation resistant unit upon which Ethical finance can be denominated and built over where actually 0% interest makes sense also providing real value to the community. (Feedback needed) to achieve this i have been brainstorming around this idea of completely digital assets - just naming it CLAIR for now. which can act like a Mutual Fund or a Index. I think lending and borrowing will make more sense in its terms as the lender will not use have to loose the losses he incurs in the generally local currency lending and this whole ecosystem should actually be directed towards the growth of the community with its internal products. laying out some of the ideas , please feel free to add any comments and constructive criticism

I am always willing to learn , correct myself and grow. so feel free to argue and correct me on the way.

Starting at $1 per unit, CLAIR’s NAV is designed to reflect its purchasing power, allowing for inflation-linked growth without speculative volatility. The index supports the Ummah through yield-bearing community assets, bringing real utility and tangible value to the community. This makes CLAIR more than just a “store of value” — it’s a productive asset supporting community needs.

remember it is all based on profit and loss so at times it can also go down in value vs dollar.

This will purely be a Traditional Finance Product which is local to each country and jurisdiction.

Why do we need an new unit of value ? Unit that represents an inflation hedge while that has its value somewhat in sync with their local currency

people from decades are now very much aquatinted to their local fiat currencies , it will be very difficult for them to start denominating assets in a foreign currency or GOLD

this new Unit will actually give people a nudge of how their currency is deprecating in value with time , when compared to the Index. Eventually this realization will help them move their money to strong assets or our Index.

CLAIR (French word for “Clear”) : Community-Led Assets for Inflation-Resistant Return Focuses on clarity and transparency in financial management, with inflation-resistant returns. – names can change, request more suggestions if any

CLAIR is presented as a Saving Account for investors, rather than high risk return Investment. The complete UX around the product will be built around that modal (by providing the investors access to debit cards to spend directly from their investment and having Liquid OTC markets that operate 24*7)

Structure as a Mutual Fund with NAV-Based Pricing Structured as a mutual fund, each CLAIR unit represents a share in a carefully selected portfolio of ethical assets. The NAV-based pricing provides transparency for investors, allowing them to view changes in CLAIR’s value through the fund’s holdings. With CLAIR as a mutual fund, your dollar holds direct value in tangible, productive assets. Composition*: below %s are arbitrary , just for illustration and are subject to change*

Home Financing (45–50%)

Housing represents a stable, low-volatility asset, with returns around 7–9% annually, inspired by successful models like Pfida. For increased diversification, REITs (Real Estate Investment Trusts) may be incorporated, adding property management expertise and potentially improving liquidity.

Auto Financing (20–30%)

Although more volatile than real estate, car financing offers higher yields (10–15%), balancing CLAIR’s returns while remaining relatively low-risk.

Ethical Insurance (5–10%)

Insurance (Takaful) on CLAIR’s owned assets like homes and cars diversifies risk. However, diversification and risk levels are carefully evaluated to ensure stability, covering both assets within CLAIR and extending optional coverage to the broader community.

Liquid Assets (1–2%)

This allocation supports fund operations, ensuring adequate cash flow for inflows/outflows and day-to-day expenses.

Ethical Indices & Precious Metals (1–5%)

A small allocation to Sharia-compliant ETFs, such as HLAL, and precious metals diversifies the fund. These are monitored closely to balance return potential with stability.

VC firm (0–0.5%): Products building on our Index : build secondary markets for the CLAIR index which generate revenue by providing services and through fees charged.

Why CLAIR Surpasses Gold in Community Utility

Gold’s role as a stable asset is limited in its ability to directly support community growth. CLAIR’s structure leverages productive assets, driving more tangible value through housing, insurance, and auto financing. Why not use a index of precious metals (Experiment 1 : Simple TradeFi — Gold backed Markets)

• Productive Asset Utility: CLAIR invests in assets with community benefits, directly impacting economic growth rather than holding idle reserves.

• Transparency: Ownership in real assets like homes and cars is verifiable and provides community-oriented returns, enhancing trust.

• Supply Flexibility: CLAIR’s growth isn’t limited by the finite nature of precious metals.

• Fair International Trade Balance: By focusing on productive assets, CLAIR avoids the geopolitical limitations that come with resource-based economies.

Development Phases

CLAIR’s growth follows a staged development plan to ensure gradual, robust expansion and ethical oversight:

Stage 1: Community Trust & Growth

Initially, CLAIR functions as a savings-focused account, generating passive income through productive, low-risk community investments. (by providing the investors access to debit cards to spend directly from their investment and having Liquid OTC markets that operate 24*7)

Stage 2: Establishing a Community-Aligned Index

CLAIR becomes an inflation-linked financial product, serving as a benchmark for ethical finance and ensuring stability through a track record of secure, predictable growth.

Stage 3: Listing & Product Expansion

CLAIR aims to list on major exchanges like NASDAQ, enabling liquidity and price discovery through market demand. CLAIR units can be redeemed directly to fiat currencies, creating immediate access for users.

Stage 4: Legal Recognition in terms of capital gains

CLAIR’s long-term goal is to secure a regulatory status in each jurisdiction where it operates. Achieving this status would open up the potential for tax incentives and exemptions on capital gains that help maintain CLAIR’s inflation-resistant returns. By mitigating or reducing capital gains taxes on yields, CLAIR would ensure that returns remain effective against inflation, preserving purchasing power for investors without a significant tax burden impacting growth.

Weekly Transparency & Commitment to Ethical Finance

CLAIR should be committed to transparent operations with weekly reports on inflows, outflows, performance, and asset composition. This transparency assures investors of CLAIR’s ethical oversight, while the community-centered approach ensures alignment with Sharia-compliant finance standards.

Few good inspirations are

Wahed Invest : i do like their approach of not going towards Islamic banking (which is a debatable area - but mostly has turned out to negative for the ummah ) and packing the products as a robo advisor. Pfinda : UK based Home financing solution

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