IslamicFinance.de

Shari’a-compliant launches from UK based managers are growing steadily. The UK is at the forefront of Muslim investment. Even crowdfunding is becoming increasingly acceptable in the Arab world to raise capital for start-ups. But investments of any nature have to be Shari’a-compliant. Hereby Muslim communities from Bangladesh or Indonesia may differ from Arabs or Iranians. Some national governments, like Pakistan, insist on full Shari’a financing whereas others like Dubai or Bahrain have a less stringent approach to this. A lot of Shari’a money is completely untapped and is waiting on bank accounts. Most conventional products are not able to access this money due to non-Shari’a compliance.