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Certifications

Sakina Consulting has issued Nyance Incorporation two documents titled, in translation, “Certificate of compliance”. They are reproduced below in their own terms, translated from French. What each one attests fits in one sentence, quoted in translation.

Nyance's translation; the original is in French.

Certificate no. 1-147-26-0007 - the screener

Certificate no. 1-147-26-0007 - the screener Document bearing the words, in translation: “issued for the compliance screener of listed securities”. What it attests, in its own terms, in translation: “This certification attests to Nyance Incorporation’s commitment to Islamic values, both legally and ethically, within this digital solution.” What it covers: the compliance screener of listed securities, which covers the listed shares of companies. What it does not cover: the certificate names no other Nyance feature. It expresses no view on any of the companies analysed by the screener. Certification no.: 1-147-26-0007. The certificate shows no issue date and no period of validity. Signatory: Dr Abdellah Thiam, Founding Director

Document bearing the words, in translation: “issued for the compliance screener of listed securities”. What it attests, in its own terms, in translation: “This certification attests to Nyance Incorporation’s commitment to Islamic values, both legally and ethically, within this digital solution.”

What it covers: the compliance screener of listed securities, which covers the listed shares of companies.

What it does not cover: the certificate names no other Nyance feature. It expresses no view on any of the companies analysed by the screener.

Certification no.: 1-147-26-0007. The certificate shows no issue date and no period of validity.

Signatory: Dr Abdellah Thiam, Founding Director

Certificate no. 1-147-26-0008 - the zakat calculator

Certificate no. 1-147-26-0008 - the zakat calculator Document bearing the words, in translation: “issued for the zakat calculator”. What it attests, in its own terms, in translation: “This certification attests to Nyance Incorporation’s commitment to Islamic values, both legally and ethically, within this digital solution.” What it covers: the zakat calculator, in its predefined profiles. What it does not cover: the custom mode, and no individual calculation. Each result remains an estimate based on the data declared by the user. Certification no.: 1-147-26-0008. The certificate shows no issue date and no period of validity. Signatory: Dr Abdellah Thiam, Founding Director

Document bearing the words, in translation: “issued for the zakat calculator”. What it attests, in its own terms, in translation: “This certification attests to Nyance Incorporation’s commitment to Islamic values, both legally and ethically, within this digital solution.”

What it covers: the zakat calculator, in its predefined profiles.

What it does not cover: the custom mode, and no individual calculation. Each result remains an estimate based on the data declared by the user.

Certification no.: 1-147-26-0008. The certificate shows no issue date and no period of validity.

Signatory: Dr Abdellah Thiam, Founding Director

What Nyance says

Sakina Consulting describes itself, in translation, as a “legal advisory firm specialising in Islamic legislative and ethical compliance” (SAKINA CONSULTING LLC, Albuquerque, United States; www.sakinaconsulting.com). These certificates do not come from any public authority; they are neither an approval nor an authorisation from a financial authority. Sakina Consulting plays no part in producing the published results, which are a matter of Nyance's implementation. The methodology of each tool is published: