Program Structure
1) Deposit (POF)
Participants place USDT into a segregated multi-signature custody wallet under trust governance. The balance remains static and identifiable as Proof of Funds (POF).
2) Segregation
Participant capital is not deployed. It is not lent, traded, pledged, or rehypothecated. JV operating capital is separate and independently managed.
3) JV Operations
The Joint Venture executes verified commercial activities (Shariah-screened). SAFE distributions are sourced solely from JV commercial results.
4) Distribution
Profit-share allocations are distributed on a scheduled basis and recorded through deterministic smart-contract logic (HyperX). Distributions are auditable and transparent.
Shariah Framework
No Riba
Distributions are profit-share derived from commercial activity — not interest or time-value compensation.
No Gharar
Capital remains static, identifiable, and governed through multi-signature custody with trust oversight.
No Maysir
No speculative trading, leverage, or uncertain capital deployment. Participant funds are not used for risk-taking activity.
Insurance Layer
Lloyd’s of London
For subscriptions of USD 25M or more, an asset-protection insurance layer is arranged via Lloyd’s of London, subject to policy terms, conditions, and underwriting requirements.
Insurance coverage does not imply guaranteed profits and does not change the non-deployment nature of participant funds.
Multi-Layer Protections
- Trust-governed multi-signature custody (no unilateral access)
- Static capital (no movement / no rehypothecation)
- Segregation of participant capital vs. JV operating capital
- On-chain transparency for custody and distribution events
Governance & Oversight
Sura Trust
Sura Trust (Labuan-licensed trust company; currently operating as Siti Trust pending rename) provides fiduciary governance oversight, reporting, and custody supervision.
Deterministic Logic
Distribution logic is implemented through deterministic smart contracts (HyperX infrastructure), supporting audit trails and reducing operational discretion.
Shariah Supervision
Independent Shariah supervision supports pre-issuance review, ongoing monitoring, and periodic Shariah audits of the operating model.
Frequently Asked Questions
Is my USDT traded, lent, or leveraged?
No. Participant USDT remains static as Proof of Funds (POF) and is not deployed into trading, lending, leverage, collateralization, or rehypothecation.
Are distributions guaranteed?
No. Target figures are indicative only. Distributions, if any, are sourced solely from JV commercial performance and are not guaranteed.
Is SAFE a Sukuk / Ijarah structure?
SAFE is structured under Wakalah Bil-Istithmar and does not represent ownership of leased assets or payment of rental income. It is not structured as Sukuk or Ijarah.
When does Lloyd’s insurance apply?
For subscriptions of USD 25M or more, an insurance layer may be arranged via Lloyd’s of London, subject to underwriting and policy terms.
Contact SAFE
For allocation requests, documentation, or institutional onboarding:
Website