Part IV
Islamic Investment Markets: Equity and Bonds
In this part . . .
Islam promotes investment as a means of ensuring that people who have excess funds at their disposal funnel that money into economic projects that can benefit others. But not all investments pass muster because Islamic investments must comply with sharia.
In this part, I help you find out what that means and how investors can achieve their objectives (including earning profit) in sharia-compliant ways. I offer an overview of the Islamic capital markets in Chapter 11, and in Chapter 12 I demonstrate how the assets traded in those markets are screened and filtered.
The last chapter in this part focuses on products called sukuk, which are referred to as Islamic bonds but differ fairly significantly from conventional bonds. The sukuk investment market is large and growing, and I describe the variety of products available.
