Equity and ethics

Banking analysts are doubting the financial viability of Islamic equity and commodity funds despite the funds' continued growth. These pessimistic views are based on the absence of credit enhancement facilities and the existence of shallow secondary markets. Moreover, Islamic funds are experiencing slow growth due to the absence of a financial center that promotes innovative Islamic transactions and provides a level playing field.
The growth of Islamic funds is allowing a route into principled investment. But floating in Western markets poses regulatory and other obstacles. Islamic funds are the latest phenomenon in Islamic [...]