When money meets religion: Sharia compliant pensions in the UK

Islamic finance is a fascinating and challenging domain. The industry’s assets were valued at $2tn (£1.5tn) globally at the end of 2016, according to S&P Global Ratings.

Limitations on asset classes, stocks and profiteering present institutional investors with a unique set of barriers to their investment objectives.

Is sharia the next frontier for ethical investment? Pension schemes are increasingly attempting to understand their members' preferences when setting investment strategy, and adoption of exclusion policies over so-called sin stocks, such as alcohol and tobacco, is on the rise across the UK.

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