Sat, Dec 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Huge demand for Sharia-compliant products but not enough quality players

Wednesday, July 17, 2013

Komfie Manalo, Opalesque Asia:

There is a huge demand for Sharia-compliant products but there are not enough quality players in this space with the correct ability to provide Sharia solutions, said Akber Naqvi of alternative investment firm Al Masah Capital during the recent Opalesque Gulf Roundtable.

The Roundtable was sponsored by Eurex and Maples Fund Services, and took place May 20th, 2013 in Abu Dhabi.

"I think there is still a lot of development to be done to find these really good players that can come up with the right Sharia solutions," Naqvi said, "We are a buyer of that, because we ourselves are not Sharia specialists but we are actually looking for the right partners who can come up with innovative Sharia solutions because we need them, there is a gap in the market for that." Sharia-compliant specialists and individual specialist asset managers should expand in this area, he added.

Christian Stauffer, founder and CEO of EuroFin Asia Group, noted that even in Islamic Finance, there is a demand for asset classes that demand for non-directional and non-correlated classes of asset.

According to him, the Sharia-compliant market has ent......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und