SHARIAH INVESTING
Shariah Principles
Shariah is a set of Islamic religious laws that governs aspects of day-to-day life for Muslims, in addition to religious rituals. Shariah-compliant investing draws on the expertise of Islamic scholars to make sure the strategy only invests in businesses that operate within the principles of the Islamic faith.
Compliance Procedure
To help ensure compliance, Shariah-compliance investment funds typically retain the services of an Islamic finance advisory board. This board provides guidance and oversight on the compliance of financial products, services and transactions with the principles of Shariah. The core pillars focus on Riba, Gharar, Maysir, and social stewardship.