TYC comes from the first letters of the saying “Tie Your Camel,” which originates from one of the sayings from the Hadith:

One day, a person asked the Prophet, “Messenger of Allah, should I tie my camel and trust in Allah, or should I leave her untied and trust in Allah?”

The Prophet, peace and blessings be upon him, said, “Tie your camel first, and then put your trust in Allah.”    ( ! اعْقِلْهَا وَتَوَكَّلْ )

This Hadith is an enduring story in the Muslim community. The question and answer manifests that Islamic belief is not just mere blabbering that put all the empty trust in Allah, but rather it is pragmatic, a norm for every aspect of human social life, an Islamic behavioral guidance to be followed while upholding the religious belief.

With respect to guidance on economic behaviors, the Islamic belief emphasizes reasonable protection, fair distribution and healthy creation of asset. It encourages diligence, creation, trust and development, as well as fair trading that provides true value, advocation of economic activities that guarantee sharing of both benefits and risks, while at the same time guarding against suppression, cheating, exploitation and speculation, and avoiding actions that will bring harm to yourself and infringe on the rights of others.

Islamic finance is an all-rounded, organized and pragmatic system. It educates us on the proper way to address wealth and use wealth, so that we can ensure a reasonable, fair, compliant and legal process while upholding our religious belief.

The story of “Tie Your Camel” teaches us to hold firm to our belief, and stay humble and pragmatic, which are exactly key components in our principle.

Editor’s remarks:

Hadith: a record of the teachings, daily practice and moral guidance of the Islamic prophet Muhammad.

Prophet: Here refers to Islamic prophet Muhammad.

Trust: Put your trust in and rely on Allah

TYC FINANCE LIMITED (信實金融有限公司）is a limited liability company established in 2021, China Hong Kong. Upholding the “Belt and Road” Initiative of the nation, and strives to support the national development strategies of the Guangdong-Hong Kong-Macau Greater Bay Area with an open, cooperative, developmental philosophy, founded on a pragmatic and peaceful Islamic belief and taking advantages of Hong Kong’s superior system, legal environment and market. Through utilizing financial data analysis, key Islamic financial concepts and contemporary financial standards, we compile corporate reports, and provide Islamic financial compliance opinion reports of listed companies in the Greater China region through the Internet data platform. The company also conducts financial and business consultation periodically, promotes regional diversified financial developments and cultural exchanges. We committed to promoting Islamic Finance and Sustainable Finance concepts to the Greater China Region, and endeavors to become a service provider with a global perspective for professional financial and capital services. In Sha Allah.