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Charles River Touts Compliance Support for Shari’ah Portfolios

At 01 Apr 2007 08:58:13 in ET-Compliance, ET-Investment Management Systems, Electronic Trading    Print Article  Email Article   Full content requires subscription 

The Islamic finance industry, with assets estimated at more than $750 billion, is one of the fastest growing in the world, due in part to increased acceptance of Islamic (Shari’ah or Syariah) funds. These alternative investments, which must conform to Islamic law, are increasingly attracting investors from around the world, according to Charles River Development, which also contends that technology is playing a key role in helping global investment professionals create and manage the compliance aspects of these and other ethically-based funds.



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