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Islamic wealth management: Niche or new wave?

Posted on 28 February 2011

Combining wealth management with the principles of Islamic law is a relatively young sector in Islamic Banking. Worried about the civil unrest in the region and the effect on your money? Switzerland has always benefited from its reputation as a “safe haven”, especially during times of political crisis such as the Middle East and North Africa is going through.
Despite pressures from the US and Germany on the Swiss banking secrecy law (which dates back to 1934), banks in Zurich and Geneva have reported inflows from wealthy Arab clients who prefer to secure and diversify parts of their wealth……………………………………….Full Press Release: Source

 
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