Shariah-compliant investment vehicles dominate the investment scene in Saudi Arabia, especially on the retail side. Shariah-compliant public equities have consistently outperformed the broader market in recent periods.
Qutaiba Al-Hawamdeh, CFA, explains the screening process for Shariah-compliant funds and why it's difficult to compare their performance to the performance of conventional securities.
Mohammad Shoaib, CFA, provides insight into Islamic investment management in Pakistan.