Shariah-compliant investment vehicle

A differentiated Delaware Series LLC for venture capital and commodity trade finance.

InUSA Capital SPV I, LLC is designed for accredited HNI and family office investors seeking Shariah-certified exposure to two standalone strategies: Series A venture capital and Series B commodity & trade finance, managed from San Francisco under a Delaware Series LLC structure.

Explore the Strategies View Key Terms
$100KMinimum per series
8%Preferred return
12–15%Aspirational net target
AAOIFIAligned framework
Why this vehicle

Key investor information, distilled into a cleaner fund website.

This site is structured around what investors usually care about first: what the vehicle is, why the market exists, how the strategy works, what protects them, and what happens next.

The Vehicle

InUSA Capital SPV I, LLC is a Delaware Series LLC with two Shariah-certified standalone series and a minimum investment of $100,000 per series.

The Market Gap

A global Islamic finance industry measured at $3.5T has limited professionally managed Shariah-compliant venture and trade finance access in the United States.

The Team Edge

The platform combines deep cross-border operating experience, GCC market knowledge, and commodity trading roots rather than a first-time team learning from scratch.

Market opportunity

A natural fit for GCC, diaspora, and Shariah-sensitive private capital.

The deck positions InUSA Capital around a structural gap: GCC and diaspora investors want USD-denominated, real-economy and innovation exposure, but available Shariah-compliant vehicles remain limited in the US market.

$3.5T

Global Islamic finance assets.

10%+

Industry annual growth rate.

3.8M+

Muslim Americans highlighted as an underserved investor base.

$180B+

Estimated US Muslim wealth pool referenced in the deck.

Why investors may care

US tech exposure

GCC family offices and sovereign investors seek US innovation exposure but often access it through conventional structures.

USD diversification

USD-denominated investments in real assets align with diversification mandates and GCC monetary frameworks.

Known Shariah framework

AAOIFI-aligned structures are already familiar to GCC allocators and require less educational friction.

Market access

The team emphasizes existing GCC relationships, commodity counterparties, and family office networks as an execution advantage.

Investment strategy

Two standalone sleeves. One investor-facing platform.

Investors can elect Series A only, Series B only, or both. The economics are aligned across both series, while the mandates remain distinct.

Series
Structure
Focus
Investor rationale
Series A — Venture Capital Shariah-screened US early-stage technology companies, including B2B SaaS, DeepTech, FinTech and GCC-accessible startups.
Musharakah equity
Seed to Series A, selective Series B
Early-stage entry premium, GCC pipeline advantage, US–GCC capital bridge, and structural scarcity of Shariah-compliant VC vehicles.
Series B — Commodity & Trade Finance Asset-backed commodity transactions using Murabaha and Salam structures in permitted physical commodities.
Murabaha / Salam
Agricultural, base metals, selected energy
Defined transaction structures, asset-backed exposure, counterparty controls, and familiarity across Islamic finance institutions.

Series A screening & construction

  • Business activity screen excludes prohibited sectors and requires a halal core business model.
  • Financial ratio screen applies debt, interest income, liquidity, and receivables tests.
  • Target portfolio: 8–15 companies per vintage.
  • Initial checks: $250,000 to $1,000,000 with 30–40% follow-on reserve.
  • Hold period: 5–10 years with multiple exit pathways.

Series B transaction controls

  • Murabaha: cost-plus resale after real asset ownership passes to the fund.
  • Salam: full prepayment for future delivery of specified commodities.
  • Counterparty due diligence, collateral, diversification, and sanctions screening are central controls.
  • Focus on liquid, specifiable, Shariah-permitted physical commodities.
  • All structures are reviewed before execution for AAOIFI alignment.
Governance

Shariah compliance presented as an operating discipline, not a marketing claim.

The fund materials emphasize legal enforceability, pre-investment certification, annual audit, and purification policy as core parts of the structure.

Pre-investment certification

Every investment requires written Shariah certification before capital is deployed.

Annual audit

AAOIFI-aligned oversight is intended to continue through an annual Shariah audit process.

Purification policy

Any affected income is quarantined and handled under a documented purification framework.

Member visibility

Credentials, compliance records, and reports are intended to be available to members annually or on request.

Institutional structure

Delaware 18-215

Full liability segregation between the series.

Reg D 506(b)

Accredited investors only.

ERA 203(l)

Exempt Reporting Adviser framework.

CA notice filing

California investors addressed through DFPI notice filing.

This concept is for presentation purposes only. Offering materials, regulatory filings, and Shariah opinions should remain the controlling documents for investors.
Key terms

Economics and investor rights shown up front.

This section pulls forward the items most likely to matter in investor diligence: fees, waterfall, rights, transfer restrictions, and governance protections.

Target raise

$5,000,000 to $10,000,000 combined across Series A and Series B.

Management fee

2.0% per annum on committed capital, payable quarterly in advance.

Preferred return

8% per annum, cumulative and non-compounding, from distributable profits only.

Carry

20% of profits above preferred return using an investor-first waterfall.

Distribution waterfall

  • 100% return of capital to members first.
  • 100% of the 8% preferred return to members next.
  • Catch-up to the managing member after that.
  • Residual profits split 80% to members and 20% to manager.

Investor protections

  • Annual audited financials, K-1s, Shariah compliance report, and quarterly updates.
  • Inspection rights are stated in the deck summary.
  • No public market and no transfer without managing member consent.
  • Members holding 75% of interests may remove the managing member for fraud, wilful misconduct, or material breach.
Leadership

Operator-led and cross-border by background.

The team section centers the founder’s decades of experience in FMCG, commodity trading, and GCC-linked business development as the core execution narrative.

“A new fund built on deep experience, not a new team learning the business.”

Founder profile

  • 35+ year career spanning Unilever India, PepsiCo / Frito Lay GCC leadership, and agricultural commodity trading since 2005.
  • Experience structuring cross-border investment vehicles and special purpose structures.
  • Operating companies in the UAE and India, with partnerships spanning Singapore, Africa, Australia, Vietnam, and the US.
  • Deep GCC market knowledge and investor relationships built through operating and trading roles.
Risk disclosure

Full disclosure is part of the investor pitch.

Instead of hiding risk at the end, the website should show sophistication by acknowledging it clearly: no prior fund track record, early-stage risk, illiquidity, commodity volatility, regulatory risk, Shariah opinion risk, and tax uncertainty.

Investment risk

Early-stage failures, concentration, exit uncertainty, and valuation subjectivity are central risks in Series A.

Market & liquidity risk

Commodity price volatility, delivery risk, counterparty credit exposure, and illiquidity matter across the structure.

Regulatory & Shariah risk

Adviser exemption changes, tax treatment uncertainty, AML/OFAC obligations, and differing Shariah opinions should be explicitly disclosed.

Next steps

A straightforward onboarding path for family offices and HNIs.

The deck’s process is clear and worth turning into a visible website section because it lowers friction for serious investors.

1

Initial meeting

Discuss objectives, series preference, and structural or Shariah questions with no commitment required.

2

Document package

Receive the operating agreement, series designation agreement, and subscription documents for review.

3

KYC / AML

Submit ID, entity documents, beneficial ownership, source of funds, and tax forms.

4

Subscription

Execute documents, certify accredited investor status, elect series, and fund the commitment.

5

Admission

Capital account is established, percentage interest confirmed, and reporting begins.

Suggested LP CTA
Primary CTA
Request the full investor materials
Secondary CTA
Arrange a confidential introduction with Ram Ramachandran
Investor fit
Accredited investors, HNIs, family offices, and Shariah-sensitive capital allocators
Important notice

This website concept is informational only and should not be treated as an offer to sell or a solicitation to buy securities. Any offering should be made only through definitive subscription documents, and all investments involve risk, including possible loss of capital.

Membership interests are described as available only to accredited investors under Regulation D, and return targets should be treated as aspirational and illustrative rather than guaranteed.
Contact
Managing Member
Ram N Ramachandran
Managing Member
InUSA Capital SPV I, LLC
Registered Address
108 W. 13th Street, Suite 100
Wilmington, DE 19801
United States