Results for tag: "Islamic Fund"

The Islamic Fund market is a subset of the global capital markets that follows Islamic principles. These principles, known as Sharia, are derived from the Quran and the Sunnah and are based on the concept of risk-sharing. Islamic funds are structured to comply with Sharia law, which prohibits the payment of interest and the investment in certain industries such as alcohol, gambling, and pork. Islamic funds are typically structured as equity funds, with investments in stocks, bonds, and other financial instruments. They are also structured as real estate funds, with investments in real estate and other tangible assets. Islamic funds are often managed by Islamic banks, which are subject to Sharia law. Some of the companies in the Islamic Fund market include Al Rajhi Bank, Dubai Islamic Bank, Abu Dhabi Islamic Bank, Kuwait Finance House, and Qatar Islamic Bank. Show Less Read more