British Muslims - of which there are around two million - have a hard time finding investment product...
British Muslims - of which there are around two million - have a hard time finding investment products that match the requirements of their religious beliefs, but a product already on the market is about to broaden its appeal by also accepting pension investments as of this month. The Parsoli Global Islamic Equity Fund has offered ISA investments since May and primarily offers Muslim investors a way of getting round religious decrees regarding usury. Sharia, or Islamic law, forbids followers from making gains from interest on money. That makes life extremely difficult for Musl...
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