Shariah compliant products pushing the boundaries of Islamic finance

Demand for Islamic financial instruments is expected to increase rapidly with some estimating 20% annual growth would not be unexceptional. Some estimates place the current value of Shariah compliant assets at around $1 trillion. Stephen Quigley and Jamie Wynn-Williams examine the future of Islamic funds

Shariah compliant funds are expanding beyond their traditional Middle Eastern and Asian markets. According to some Islamic bankers, the proliferation of these products will increase exponentially over the coming years and could start attracting interest by western investors who are keen on ethical or socially responsible investments.

Shariah funds and Shariah compliant investment are of increasing interest to both global Islamic investors and developed western financiers who are keen to create

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