Meeting all tastes

A handful of firms have launched platforms they claim provide investors with access to hedge funds in a sharia-compliant manner. But, with speculation and uncertainty prohibited under sharia, can hedge funds ever appeal to Islamic investors? By Ryan Davidson

frank-gerhard-jpg

Islamic scholars have long disagreed about the merits of hedge fund investments. To many, common hedge fund techniques such as short selling and leverage can never be squared with the principles espoused by sharia. To others, concepts used successfully in other spheres of Islamic finance - for instance, the sukuk market - can be tweaked to make hedge fund investment acceptable.

For a small but growing number of banks, the hope is that the second interpretation will win Islamic investors over

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here