Sharia-compliant investments are governed by Islamic law. Similar to other funds within the environmental, social and governance (ESG) universe, Sharia-compliant funds screen investments for specific requirements desired by followers of Islam. The main requirement for a Sharia-compliant fund is the exclusion of investments which derive the majority of their income from the sale of alcohol, gambling pornography and weapons. Additional requirements include the appointment of a Sharia board, and annual Sharia audit, and purifying certain types of income by donating them to charity.
Our Sharia advice service provides you with access to a range of Islamic investments designed to protect and grow your wealth in a Sharia-compliant manner. You will receive advice on an investment portfolio that most closely reflects your investment return objectives and attitude to risk, and you will also benefit from advice on the tax-efficiency of your investment or pension.