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Islamic Finance Briefing - Categorized | Islamic Law / Economics, Market Moves more

Muslim markets are compelling, but converting a business to Islam is complex

Posted on 22 February 2012

Bank Sarasin reviews the complexities of converting a business to Islam, a topic which is rarely discussed or written about. Conversion is complicated by the need to address every aspect of a business, the lack of broadly accepted standards and regulations, and differences in the Muslim world itself.
Converting a business to Islam can increase the value of a company by 18-25% due to the scarcity of genuine Islamic investments. But the conversion process is arduous, extending from the design to distribution and beyond, to how the company spends its profits. (Press Release)

 
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