Edinburgh Guides to Islamic Finance is a series of short guides to key areas in Islamic finance, offering an independent academic perspective and a critical treatment.
`Those who read this highly informative book, written by an acknowledged industry professional, will acquire a clear insight into Islamic asset management and the opportunities it offers to both investors and asset managers.'
Simon Archer, MA PhD FCA FRSA, Visiting Professor, ICMA Centre, Henley Business School, University of Reading
Islamic asset management has been growing at a similar rate as the Islamic financial industry as a whole and at the time of writing close to 700 funds are incorporated in major databases with an estimated funds under management of around $70 billion.
This book reviews the Islamic asset management industry in detail, including the types of funds offered and their operational procedures. It shows that although there are differences between conventional and Islamic asset management, these do not appear to have a significant impact on how the funds perform. Sharia'a-compliant funds are therefore an attractive alternative for Muslim and non-Muslim investors alike.