Cordoba Financial Group
The Group are guided by moral standards to ensure transparency and equity are delivered for the benefit of both our clients and customers.
The Cordoba Financial Group’s products brandedas Cordoba Gold are structured to deliver on our corporate principles and commitment to treating both our clients and customers fairly by making the small print clearer and providing simplicity and clarity for each “angel investment” transaction.
Our Story – Pioneers in Ethical Financial Products
Cordoba Financial Group was created as a result of the demand witnessed by its directors from their dealings with the business community and private investors for an alternative to conventional interest based approach. The Group are an institution that takes an active part in supporting wealth accumulation for their customers; which also returns benefits to the community at large.
Since its inception in 2006 Cordoba Financial Group has built a large database of property investors with portfolios in excess of £500 million, all eager to participate in the activities of the company.
Cordoba Financial Group was founded in 2006. The company led the way with the creation of a multi-faith ethical board to advise on debt alleviation and home finance products.
In 2007 Cordoba partnered with Kent Reliance Building Society to provide residential and buy-to-let funding in the UK market.
On August 11 2008 Cordoba Financial Group launched the Cordoba Gold Cashplus Prepaid MasterCard, the UK’s first Sharia Compliant prepaid MasterCard.
The Company launched the Cordoba Gold Cashplus Prepaid Mastercard in August 2008 in the UK. The card was marketed as not only the country’s first Sharia-compliant prepaid card but a wholesome contribution to a cohesive society. Amongst its many dedicated charities were national and international charities assisting Aids infected children, orphanages and down syndrome charities.
OUR HERITAGE
As well as representing the values of our customers, the principles of our policy also reflect the heritage of our name.
Cordoba Financial Group takes its inspiration from the empire of Al-Andalus in Spain and its name from its capital city Cordoba.
In the 10th century, Cordoba, was unrivalled in both the East and the West for its monetary strength, its wealth in knowledge and learning and its contribution to global civilisation.
By the tenth century, Cordoba could boast of a population of some 500,000, compared to about 38,000 in Paris. According to the chronicles of the day, the city had 700 places of worship including mosques, synagogues and churches. There were some 60,000 palaces, and 70 libraries – one reportedly housing 500,000 manuscripts and employing a staff of researchers, illuminators, and book binders. The total number of manuscripts was more than in all of the rest of Europe. Cordoba also had some 900 public baths. 10th century Cordoba boasted Europe’s first street lights.
This period for many was the first renaissance in European history which experienced what was arguably one of the most splendid examples of unprecedented human advancement where communities of diverse religions, ideas and cultures not only co-existed, but also excelled in all walks of life. In fact Al- Andulus Empire saw the Europe’s first Jewish prime minister.
It was a time where the spirit of enterprise was borne on social ethics and conscience. When the world advanced its understanding of not only philosophy, but evolved music, agriculture, medicine, science, mathematics as the basis of what we know today. This intellectual citadel was built on a marriage of ancient Greece and contemporary Arabian and Islamic thought.
It is this spirit that we subscribe to as we look to contribute to a moral and prosperous economy. Promoting business with a social conscience.
OUR ETHICAL VISION
Businesses do not operate in a vacuum. Some businesses , by their very nature, have a huge and obvious impact on the environment and society; whilst the impact of others, such as the financial services industry, is not always so immediately apparent.
At Cordoba Financial Group, we recognise that our impact, through the provision of our services to a wide variety of business customers, can be as far-reaching and profound as the direct impact of our actual operations. In recognition of the societal impact of our business we have implemented strategies to ensure that this impact is managed and positively used to impact on the wider community.
OUR 10 ETHICAL COMMANDMENTS
We are committed to ensuring our conduct is equitable and we act ethically; these are the foundation pillars upon which the vision of Cordoba rests:
1. Never speculate with people’s money and trust.
We value people’s trust above everything including any personal gain.
2. Always fulfill your promises.
We never promise what we cannot deliver and try to deliver on what people would put on their wish list from their financial product.
3. Respect money.
Money “respects” people who respect it.
We are careful that our costs are ultimately your costs so we keep them to a minimum.
4. Our most important concern is to achieve the highest return for our customers. But we never forget our moral responsibility to local communities.
5. We measure our success not by return on assets but by the number of households we have helped fulfill their dreams.
Our returns are measured not only in the profits levels we create for Investors and Investee but the positive effects to all those involved in our projects from workers to suppliers.
6. We do not discriminate regardless of gender, skin color, religious beliefs or ethnic background.
Our Investors and Investees are representatives of the diverse world we live in.
7. We invest with our customers
We never look at our business as a lending operation. We invest with and in people. We see ourselves as partners helping people to build and achieve their material aspirations
8. We are socially responsible.
We will return some of the profits back to developing the social capital and welfare of the community. We do not finance alcoholic, tobacco, pornography, gambling or any unethical behavior and activities and related businesses.
9. We are extremely conservative in our approach but radical in our intentions.
Our most important investment objective is preservation of capital.
10. We look at our staff in the company as our partners.
We aspire to make each one of our co-workers as a part of the business.