Shariah-compliant investment funds are growing in popularity and experiencing a rapid growth spurt that is set to continue. The growing level of expertise in the Middle East is a region to tap into
In an effort to attract investors, Islamic retail banks and investment funds are increasingly offering products that comply with Shariah law. It is estimated the Islamic finance sector is now worth between $300bn and $500bn, compared to $200bn two years ago. Shariah-compliant investment funds now cover a wide range of sectors including real estate, private equity, infrastructure and energy. It is estimated there are currently more than 100 Shariah-compliant investment funds with more than $5bn under management. In addition, the total assets managed through these funds are said to be growi...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
