Stainless Steel Tank Containers
Asset-based investment opportunity
Stainless Steel Tank Container Investment Scheme
Al Baraka Bank introduces a steady income generating global investment opportunity that will beat inflation, help you overcome your tax burden and the depreciating rand.
As part of Al Baraka Bank's ongoing commitment to provide products and services that operate according to Islamic economic principles, Al Baraka Bank has entered into a successful relationship with International Tank Containers, so that Investors can now enjoy the benefits of a Shari'ah approved, off-shore investment ~ the Stainless Steel Tank Container Investment Opportunity.
Tank containers, introduced to the market well over 30 years ago, have become an integral part of successful financial investment planning. An investment in tank containers is effectively an investment in world trade, with rental returns historically above inflation after tax. These profits can be maintained off-shore, secure from domestic uncertainties and a depreciating rand.
Financing
Financing the tank container investment through Al Baraka Bank will limit the initial capital outlay required by the investor. In South Africa the investor can finance the container/s on a Murabaha basis through Al Baraka Bank, with no limitation on the number of containers purchased. As a result, selected investors can earn hard currency rental returns without initially divesting themselves of large amounts of capital.
Features and benefits of the Stainless Steel Tank Container Investment Opportunity:
- An attractive off-shore investment that is fully Shari’ah compliant.
- Diversify your portfolio with a tried and tested off-shore investment opportunity in world trade.
- Locally funded investment with the option of earnings left off-shore.
- Rental income protected from financial uncertainties and international erosion of local currency, i.e. invest in rands and earn returns in dollars.
- The increasing popularity of tank containers as the safest and most efficient mode of transport assures the continued growth in tank container usage. The world population of tank containers is growing at a rate of 10% per annum.
- Return is based on a proportionate share of the rental from a dedicated Islamic pool of tanks, and not from any one tank in particular.
- Rental returns have been consistent over the years, and rental is paid quarterly in arrears.
- Tank containers are a highly tax efficient investment that provides valuable tax savings in the form of a 5 year tax write-off on a straight-line depreciation basis.
- The profit payable on finance provided by Al Baraka Bank is also tax deductible.
These features have resulted in tank containers becoming an essential part of overall financial planning for high net-worth individuals, professionals and entrepreneurs, and an attractive instrument in retirement and tax planning.
For more detailed information on investing in tank containers or the service that Intertank can offer you, please contact Al Baraka Bank or email marketing@albaraka.co.za or contact Intertank at www.intertank.co.za or email intertank@iota.co.za.
International Tank Containers
Since Al Baraka Bank believes in making sound Islamic investment choices, an association has been formed with International Tank Containers (Intertank), a specialist tank container investment management and marketing company that offers expert and unrivalled service in the tank container investment industry. Intertank is a subsidiary of the JSE-listed IOTA Financial Services Limited and is based in Cape Town, Johannesburg, Durban and London. Intertank’s relationship with companies such as Consani Engineering and Welfit Oddy, together with long-lasting agreements with six international tank container management companies in America and Europe, enables it to offer a professional service of outstanding quality to investors. Intertank’s truly global representation assures investors and brokers of a professional service built on the company’s unquestioned integrity and ability to provide investor security.
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