facebookWhat are Shariah-compliant funds and investments? - Seedly

Anonymous

25 Feb 2020

General Investing

What are Shariah-compliant funds and investments?

What measures are taken to make sure that these funds are Shariah-compliant?

Discussion (1)

What are your thoughts?

Learn how to style your text

Kenneth Lou

25 Feb 2020

Co-founder at Seedly

Shariah-compliant financial solutions continue to attract a growing number of investors who seek principled investing practices. It serves as a form of portfolio diversification and also insulates against the volatility of other asset classes as Shariah-compliant investments offer better transparency and promotes transactions that are equitable.

This approach fosters an attitude of risk-sharing and mutual responsibility, while also prohibiting unethical products and excessive leveraging. (which I'm guessing most other financially incentivised and driven funds would focus on)

I found this online:

Bursa Malaysia is a global leader in Islamic capital market innovations, and has pioneered several initiatives catering to the requirements of investors. Bursa Malaysia-i, launched in September 2016, is the world’s first end-to-end Shariah-compliant investing platform offering a comprehensive suite of Shariah-compliant investing and exchange-related services.

Write your thoughts