While still considered as niche by the wider investment industry, the UK sharia-compliant finance space is considered to be one of largest in the Western world, according to BNY Mellon.
Sharia-compliant investment strategies are now easy to access with several launched by industry mainstays since 2021 and others due to launch this year. From bulge-bracket investment banks to providers within the pensions industry and even among some financial advisory outfits, the industry is listening up and knuckling down to target an increasingly engaged Islamic market. The market is ready If you are considering investing in a sharia-compliant fund, you are part of a growing number of investors who are now demanding more options to invest without compromising their ethical value...
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