a joint venture with Archstone-Smith to acquire apartment complexes in the United States. Vintage year 2000, exited in 2005. Bahrain Bay – a mixed-use waterfront development – Vintage year 2005. Compliance with Shari'ah Every investment made by Arcapita and its subsidiaries is approved by a four-member Shari'ah advisory board. In accordance with Islamic Shari'ah law, the company does not invest in any businesses which offer credit or charge interest, or any other product that conflicts with Shari'ah law. According to representatives of the company, the Shari'ah advisory board does not make decisions about the financial merits of investments, and does not play a role in hiring or promotion of employees. References External links Official website Financial services companies established in 1997 Companies based in Atlanta Private equity firms of the United States Islamic banking