STAC
STAC has not been authorised, registered or qualified in any jurisdiction. This page is educational only and is not an offer or solicitation. Nothing is offered today; if STAC is authorised it will be offered only where lawful, with the required disclosures, and not to US persons.
The design
What STAC is designed to be.
STAC is being designed as a Sukuk-style asset-backed digital security, with reference to AAOIFI standards. The intent is to make ownership of real-world value transparent, auditable, and aligned with ethical and Islamic financial regulation. The detailed mechanics will be set out in the rewritten whitepaper.
Asset-backed
Designed to be backed by real-world assets, verified by independent auditors appointed through the Foundation.
Ethical and Islamic financial regulation
Designed with reference to AAOIFI standards and to be reviewed by an independent adviser on ethical and Islamic financial regulation before issue. Excludes prohibited activities and conventional interest.
Documents first
The whitepaper, mechanics and governance documents will be published before anyone is asked to commit.
The planned reserve
Cash, gold and digital assets.
Once established, Safa Global Capital plans to hold a proprietary reserve of cash, gold, and digital assets on its balance sheet. The reserve is intended to fund group operations and to provide the exit route for STAC holders: a liquidity mechanism, not a capital guarantee. It would be a proprietary asset of SGC, not a custodial or deposit function.
Cash
Operating capital and liquid reserve maintained for day-to-day group operations and near-term capital allocation.
Gold
Tangible asset component of the reserve, providing store-of-value backing.
Crypto
Digital asset exposure held as a proprietary position on SGC's balance sheet, not as a custodial or exchange activity.
Reserve composition, audit schedule, and the detailed liquidity mechanics will be set out in the rewritten STAC whitepaper. Reserve support for STAC's exit route does not constitute a capital guarantee or return promise.
Read the paper.
The STAC paper is available on request. The team reviews every request and replies personally. Nothing is offered today.