07.04.2011 - S.Africa: Sharia investment offers Muslims safe faith-based banking
The introduction of Sharia funds may not necessarily be a new concept in South Africa. A number of South African banks and investment houses offer financial services products which comply with Islamic law. Old Mutual Unit Trusts, in partnership with Al Baraka Bank and Channel Islam, has launched a Sharia-compliant asset allocation fund that promises to offer investors excellent diversification through access to most local and international asset classes............................................Full Article: Source
Print